Expatica news

Europe’s Greek tragedy

In October 2009, Greeces public debt reached a terrifying 12.7 percent of GDP, kicking off a crisis in European markets that threatened the currency block’s economic stability. After several months of hesitation, eurozone nations agreed in May to an aid package for Greece worth some 110 billion – but the austerity measures called for by the plan are brutal. For the latest reports, interviews and analysis on the Greek financial tragedy, log on to FRANCE24.com.