A decade after its debt crisis, Greece’s economy may have recovered
A decade after its debt crisis, Greece’s economy may have recovered
A decade ago, Greece’s economic situation was dire. Almost a third of the workforce was unemployed and the country was underneath heavy austerity measures to huge bailouts from their eurozone neighbors, especially Germany. But today, Greek might just be in the midst of an economic boom.
“In the last several years, there’s been sort of an acceleration of an economic turnaround,” said Liz Alderman, chief European business correspondent for the New York Times. “We’re basically at a point now where Greece is essentially booming.”
Alderman, who reported on Greece’s upturn, spoke with “Marketplace” host Kai Ryssdal about the change in Greek fortunes. To listen to the interview, use the media player above.
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