Wake-up call for Greek economy

Living on borrowed money and EU subsidies has created huge financial problems for nation.

    The European Union and International Monetary Fund is pledging to support Greece, as Athens struggles to get a grip on its finances.

    Many people argue that a country that lived on borrowed money and EU subsidies for so long is now facing a reality check.

    Barnaby Phillips looks at how Greece ended up in its current financial predicament.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Why is the West praising Malala, but ignoring Ahed?

    Why is the West praising Malala, but ignoring Ahed?

    Is an empowered Palestinian girl not worthy of Western feminist admiration?

    Blood-rusted Sword: Elite force of Saudi crown prince

    Blood-rusted Sword: Elite force of Saudi crown prince

    Al-Ajrab Sword Brigade, formed in 2015, comprises elite forces from across Saudi military ranks.

    Why some African Americans are moving to Africa

    Escaping systemic racism: Why I quit New York for Accra

    African-Americans are returning to the lands of their ancestors as life becomes precarious and dangerous in the USA.