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What is the economic situation in Greece between the year of 2014 and 2015?

I am doing the Euro challenge for my school and our topic is on high unemployment rate in Greece. #economics #history #global-issues #unemployment

economics history unemployment global-issues
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Gary’s Answer

Hi,
I am always interested in looking up new facts...found this interesting link on Greece unemployment:
http://www.tradingeconomics.com/greece/unemployment-rate


There is a lot of information on Greece and the economy online, I would advise doing more research on it...interesting stuff! :)


Good luck!
Thank you comment icon Thank you for the help. I'll check it out. Samantha
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Eliska’s Answer

Hi Samantha, this is a great topic and a wonderful one to put into a Google.com search. There is an article on Investopedia on this topic as well. The key is that in 2015, Greece defaulted on its debt, which then caused some austerity measures to be put in place: https://www.investopedia.com/articles/investing/070115/understanding-downfall-greeces-economy.asp
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