Standard & Poor’s Financial Services LLC on Friday published a timeline of the country’s debt crisis to remind us of how debt spiralled out of control
Standard and Poor’s Ratings Services presented a timeline of Greece’s debt crisis. Eurozone governments and the IMF bailed out Greece in 2011. Since then, the situation has worsened with an even greater rescue package in 2012. By January 2015, austerity had crippled a large part of the nation bringing the Radical Left Coalition (SYRIZA) party to power.
Key statistics on Greece based on 2015 figures show -1.5% real GDP growth and a primary budget deficit of 0.1%.
Mediterranean Cooking
This year’s April was the warmest in the last 15 years in Thessaly, Peloponnese & the Aegean islands
Where were the largest positive temperature anomalies recorded? Read more →
Bloomberg: The largest smart city in Europe is in Greece
An investment in Hellinikon is cited as a sign of rebirth for the country - It will add 2.5 percentage points to the GDP and create up to 80,000 new jobs Read more →
Instructions for any potential fire - For everyone's own safety and diligently follow instructions from competent authorities Read more →
