greek debt crisis
The Greek debt crisis refers to the severe financial problems faced by Greece, primarily resulting from its excessive government debt. It involves the country's struggles to repay its borrowed funds, compounded by issues such as budget deficits, low economic growth, and high unemployment rates. The crisis has led to significant austerity measures, financial bailouts, and negotiations with international creditors to address the country's unsustainable debt burden and restore its economic stability.
Requires login.