Handelsblatt: Greece and Italy are Eurozone's “problematic children”
- Written by E.Tsiliopoulos
Featured
Greece and Italy have shown that they are the “two problematic children” in the Eurozone, as they are the only countries where the national debt has risen, notes the famous German newspaper Handelsblatt.
Greece’s debt to GDP ratio expanded to 181.1% in 2018, from 176.2% in 2017, according to Eurostat, which is the worst performance in the eurozone, as the German newspaper underlines.
“This increase in public debt is mainly due to new loans by Greece’s European partners’ loans to the crisis-stricken country. Lately, however, the Greek economy has returned to growth, and the government in Athens intends to prematurely repay loans worth billion dollars from the International Monetary Fund.”
Tagged under
Related items
-
Thessaloniki: Two Afghanis under scrutiny for the fall of a 15-year-old from a hotel -
-
Family hid grandmother's death for years to keep her pension
-
Calabria’s Grecanico speakers battle to keep an ancient Greek dialect alive
-
Prime Minister unveils €2.2 billion tax relief package for businesses at Thessaloniki fair
-
Mitsotakis rules out reshuffle, locks in Spring 2027 election date
Latest from E.Tsiliopoulos
- Thessaloniki: Two Afghanis under scrutiny for the fall of a 15-year-old from a hotel -
- Family hid grandmother's death for years to keep her pension
- Calabria’s Grecanico speakers battle to keep an ancient Greek dialect alive
- Prime Minister unveils €2.2 billion tax relief package for businesses at Thessaloniki fair
- Mitsotakis rules out reshuffle, locks in Spring 2027 election date