Greece Shakes Off Crisis-Era Label With Major EU Economic Upgrade
18 Articles
18 Articles
Greece Shakes Off Crisis-Era Label With Major EU Economic Upgrade
The Commission’s assessment highlights a reduction in risks associated with Greece’s public and external debt. Credit: tiseb, CC BY 2.0/flickr EU’s Commission on Wednesday removed Greece from its list of macroeconomic imbalances marking a turning point in the nation’s post-crisis recovery. The move formally winds down a painful 16-year chapter of heightened economic surveillance that led to the era of bailouts. Among the factors emphasized in th…
After a grueling debt crisis and years of harsh austerity measures, Greece has reached a milestone: the European Commission has officially removed the country from the list of economic problem children for the first time since the crisis. According to Greek Prime Minister Kyriakos Mitsotakis, this marks the end of “a negative chapter that began sixteen years ago”.
After a grueling debt crisis and years of harsh austerity measures, Greece has reached a historic milestone. For the first time since the crisis, the European Commission has officially removed the country from the list of economic problem children. According to Greek Prime Minister Kyriakos Mitsotakis, this marks the end of ‘a negative chapter that began sixteen years ago’.
The European Commission has removed Greece from the list of member states with economic imbalances for the first time since the debt crisis. According to Prime Minister Kyriakos Mitsotakis, this marks the end of a ‘negative chapter that began sixteen years ago’.
Greece is no longer one of the EU countries with macroeconomic imbalances.
Greece's Prime Minister Mitsotakis welcomed the EU Commission's decision to remove his country from the list of countries with macroeconomic imbalances.
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