Roberto Abraham Scaruffi: Greek farce... Greece already enjoyed very generous bailouts, ...but Greeks stole everything!!!

Monday 6 July 2015

Greek farce... Greece already enjoyed very generous bailouts, ...but Greeks stole everything!!!

PANDORA'S BOX

The complete history of the Greek debt drama in charts



The bailouts. Greece secured its first bailout in May 2010, in which the government committed to painful austerity measures in exchange for €110 billion ($145 billion). But the austerity measures helped send an already weak Greek economy into a tailspin. A second bailout did little to resuscitate the economy either. The recession, one of the worst in Europe since the Great Depression, has cut the size of the Greek economy by roughly 25%.

http://qz.com/440058/the-complete-history-of-the-greek-debt-drama-in-charts/