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This R&D provides resources on the Greek economy. In 2009, the country faced a debt crisis that threatened the euro zone and it required a €110 billion bailout loan from the European Union (EU) and the International Monetary Fund (IMF). The austerity and fiscal reform measures required by the bailout have proven politically unpopular and investors are fearful of what might happen if the Greek government prematurely ends its IMF program, which is supposed to end in 2016.
It’s been hard, but we’ve turned the Greek economy around | Yannis Stournaras http://t.co/OtkKwgTiIB via @guardian
— Nino Brodin (@Orgetorix) October 22, 2014
Greece’s shadow economy “Two-thirds of shadow earnings are spent almost immediately at businesses that do pay tax” http://t.co/bpGWUeFgiJ
— il mostro (@maltezos_panos) October 19, 2014
Not to freak anyone out, but the Greek economy is collapsing today http://t.co/0m0DRnBdQD
— Scott Bixby (@scottbix) October 15, 2014