GREECE’S DEBT CRISIS IS FLARING UP AGAIN, IN CASE THE WORLD DIDN’T HAVE ENOUGH TO WORRY ABOUT ALREADY…

by on 2 Φεβρουαρίου 2017

Hey, remember me? Never far from a crisis, Greece and its debt troubles have recently flared up again…

Several years after the country succumbed to a nasty debt crisis, Greece still relies on a series of international bailouts to keep its economy afloat. As anyone who remembers the summer of 2015 can attest, this “rescue” is both tenuous and tumultuous. Greece gets it bailout funds in dollops in return for enacting austerity measures and structural reforms demanded by creditors. The Greek government’s progress unlocking the next tranche of its bailout loan isn’t going well, so investors are starting to worry the process could be derailed.

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