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Greece Crisis

  • It is result of negligence and fraud by Greece officials
  • In 1999, there was an earthquake that destroyed much of the infrastructure of Athens
  • They were still recovering and they hosted Olympics in 2004
  • The economy was dooming but they falsified the data to get into Eurozone
  • After the great recession in 2007, its economy plummeted
  • Debt is around 30000 Euros per capita

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