Search results
Results From The WOW.Com Content Network
In particular, as for the number who reported having attempted suicide, there was an increased suicidality amid economic crisis in Greece, an increase of 36% from 2009 to 2011. [237] As the economy contracted and the welfare state declined, traditionally strong Greek families came under increasing strain, attempting to cope with increasing ...
The Greek government-debt crisis began in 2009 and, as of November 2017, was still ongoing. During this period, many changes had occurred in Greece. The income of many Greeks has declined, levels of unemployment have increased, elections and resignations of politicians have altered the country's political landscape radically, the Greek parliament has passed many austerity bills, and protests ...
Many international leaders as well as mainstream economists and media warned that if the "No" vote leads to a failure to secure continued bailout support for Greece in due time, this would likely lead to a broader Greek sovereign default, a haircut on Greek bank deposits, a collapse of the banking sector, followed by an aggravated depression of ...
The amount is equivalent to more than 15% of the entire Greek economy and involves over 100 investment streams and 75 reforms, with about 60% geared toward the green transition and digitization.
The International Monetary Fund (IMF) admitted that its forecast about Greek economy was too optimistic: in 2010 it described Greece's first bailout programme as a holding operation that gave the eurozone time to build a firewall to protect other vulnerable members, but in 2012 the unemployment rate of Greece became about 25 percent, compared ...
Greece's economy contracted more than previously thought in the second quarter, according to new figures. The country's statistics agency said that the economy shrank at an annual rate of 3.7% in ...
The first austerity package was the first in a row of countermeasures to counter the Greek government-debt crisis. It was approved by the Hellenic Parliament in early 2010. The purpose was to reduce the budget deficit. These measures preceded the First Economic Adjustment Programme for Greece known as "memorandum".
Greece's official government data firm Elstat reported that the nation's economy contracted at a rate of 6.3% per annum based on second-quarter figures. The numbers were a revision of previous ...