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Thursday, June 25, 2015

Greek debt crisis: the 20 key moments

The financial crisis in Greece is now nearly six years old. It is a timeline peppered with violent protest and rancorous diplomacy. Now, finally, the end appears in sight. Here are the 20 key momentsGeorge Papandreou’s new socialist government reveals a large gap in Greece’s accounts. He admits the budget deficit will be double the previous government’s estimate (subscription) and will hit 12% of GDP. Fears that Greece could default on its debts grow as the prime minister says the economy is in “intensive care”. Membership Event: Guardian Newsroom: Can Greece be saved? Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com