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Tag Archives: greece

The Greek Debt Crisis: Just One Symptom of a Much Larger Problem
Debt / Economy / Europe

The Greek Debt Crisis: Just One Symptom of a Much Larger Problem

Posted on July 2, 2015 by Jacqueline Varas

Greece has been in the throes of economic crisis for years.  Turmoil first erupted after Greece’s economy was badly bruised by the global impacts of the Great Recession, and the Greek people have been suffering ever since.  In 2009, a poor economic climate combined with a debt level of over 119 percent of GDP caused … Continue reading →

Politics / Tax

Good grief Greece, what’s next?

Posted on February 13, 2012 by catherinekus

Destruction, uncertainty, and change filled the air Monday in Athens between the rioters on the street and lawmakers in parliament. Members of parliament voted 199 in favor, 74 against and 27 abstentions of cutting minimum wage by about 22% and laying off one fifth of civil servants, about 15,000 workers.[1] Trying to obtain a €130 … Continue reading →

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