Greece

The outcomes of austerity policies in Greece are fatal. The population is becoming increasingly impoverished and the political system is losing its legitimacy. European measures have totally amplified the difficulties. However, the climate shifted in October. At first, experts assumed the so called 'Grexit' was likely but in the end the money lenders are now supporting the continuation of Greek membership of European monetary union. The value of the Euro has seen a steady increase especially in relation to the ...
read more "Not solving problems – European policy compounds problems in Greece (German)"