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Bookmark or Share- A Tale of Two Countries: A History of the Greek Debt CrisisIn response to the coronavirus, Greece increased government spending through additional borrowing, a move that drew the applause of the OECD but also leaves Greece back where it started: with a massive debt-to-GDP problem.
- Euro area crisis - WikipediaThe latter allowed Greece to retire about half of the €62 billion in debt that Athens owes private creditors, thereby shaving roughly €20 billion off that debt. This should bring Greece's debt-to-GDP ratio down to 124% by 2020 and well below 110% two years later. [102] Without agreement the debt-to-GDP ratio would have risen to 188% in 2013 ...
- Greece’s Debt Crisis - Council on Foreign RelationsThe new plan allows Greece to cut its debt-to-GDP ratio to 124 percent by 2020, rather than 120 percent, while committing it to bringing its debt levels “substantially below” 110 percent...
- Greek government-debt crisis - WikipediaGreece faced a sovereign debt crisis in the aftermath of the 2007–2008 financial crisis.
- The Origins of Greece's Debt Crisis - InvestopediaGreece's sovereign debt crisis began in the 2010s, and a decade later the country's economy has still not fully recovered, in part due to more recent disruptions caused by the COVID-19 pandemic.
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