ASSESSMENTS
Greece's Economic Past Will Haunt Its Political Future
Jun 6, 2019 | 16:29 GMT
(Lukasz Stefanski/Shutterstock)
Highlights
- After years of harsh austerity measures, the waning popularity of Greece's ruling Syriza party has made it vulnerable to losing power come July 7, when the country will hold an early general election.
- Regardless of who wins the vote, however, Greece's next leaders will still have to work within the confines of a fragile economic recovery, where unemployment remains high and the banking sector weak.
- In the coming years, Greece's dwindling and aging population will strain the country's public services, making it harder for Athens to grow out of its massive debt.
- The next administration will also have to navigate a range of complex territorial and diplomatic disputes with Turkey, including those related to energy exploration off the coast of Cyprus.
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