Nuance Matters

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Nuance Matters
Greece's political and economic revival

Greece's political and economic revival

After over a decade of turmoil, Greece appears to be on the right track.

Patrick O'Hearn's avatar
Patrick O'Hearn
May 31, 2023
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Nuance Matters
Nuance Matters
Greece's political and economic revival
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brown concrete building under blue sky during daytime
Photo by Constantinos Kollias on Unsplash

Not too long ago, Greece was in a pretty dire situation.

With its large external debt balance, Greece was more vulnerable than most to the fractures of the Global Financial Crisis (GFC). The Greek government borrowed heavily to try and cushion the initial blow in 2008-09, but this was only a band-aid. Throughout t…

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