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International Business Times
International Business Times
Business
Panos Mourdoukoutas Ph.D.

The Great Comeback Of The Greek Economy

Greek Currency (Credit: cosmix/Pixabay)

Ten years ago, the Greek economy was in a depression, driven by a debt crisis and political instability forcing the country out of the international capital markets. Treasury bond yields skyrocketed, unemployment soared and asset prices plunged.

Greece stood out as a negative exception within the eurozone, posing a threat to the euro's stability and cohesion of the European Union.

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