Greece recovers from debt crisis – what can Europe learn?
Greece is bouncing back from its crippling sovereign debt crisis of 2009-2018. The Greek economy is starting to perform a lot better and the government has just upgraded its growth forecast for this year from 2% to 2.3%. Unemployment fell from 7.9% last month to 7.4%; it reached 27% at the peak of the debt crisis in 2013. Investment is starting to flow into the country. The government says it is running a primary budget surplus and the debt-to-GDP ratio, close to 200% at the peak, is now 136% an