ASSESSMENTS
Greece: Dire Economic Concerns
Jun 8, 2009 | 23:02 GMT
JANEK SKARZYNSKI/AFP/Getty Images
Summary
Greece's economic troubles have spilled over into the political arena — in the form of protests and heavy losses suffered by the current center-right government. Greece had one of Europe's most troubled economies even before the current global recession began. Now, the government is trying to find ways to make it through the economic downturn, even though government spending cuts are extremely unpopular, and borrowing from anyone other than the International Monetary Fund might not be an option.
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