Argentina recovery offers hope to Greeks | News | Al Jazeera

Argentina recovery offers hope to Greeks

Argentina suffered a similar economic crisis to Greece nine years ago and was able to bounce back.



    As Greece struggles to pay its debts, across the Atlantic, there is one country that has already been through a similar economic crisis. 

    Nine years ago, Argentina became the biggest economy ever to go bust.

    Argentines are keenly aware of the similarities between the events taking place in their country and what is now happening in Greece. 

    But Argentina managed to bounce back, with exports sky rocketing and a booming tourism industry based on a devalued currency.

    Al Jazeera's Lucia Newman reports from Buenos Aires.

    SOURCE: Al Jazeera


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