Tuesday, July 11, 2017

Two years after the bailout, life in Greece has gotten more miserable

Two years after the bailout, life in Greece has gotten more miserable:
Image result for greece economic crisis"ATHENS — Two years after an international bailout that was supposed to lead to an economic revival, conditions here have only worsened and life for Greeks has become one of constant misery.   
The economy is stagnant, unemployment hovers around 25% and is twice as high for young adults, taxes are rising, and wages are falling.
Half of Greek homeowners can’t make their mortgage payments and another quarter can’t afford their property taxes, according to the Bank of Greece..."

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