The greek debt crisis is the dangerous amount of sovereign debt greece owed the european union between 2008 and 2018 in 2010, greece said it might default on its debt, threatening the viability of the eurozone itself.
The greek government-debt crisis (also known as the greek depression) was the sovereign debt crisis faced by greece in the aftermath of the financial crisis of 2007–08 widely known in the country as the crisis ( greek : η κρίση), it reached the populace as a series of sudden reforms and austerity measures that led to impoverishment and loss of income and property, as well as a small-scale humanitarian crisis.
On monday greece’s third bailout will conclude, and the country will no longer have to rely on its official creditors to finance itself the eight-year crisis leveled greece’s old political landscape.
On august 20, the third aid package for greece will end, marking the end -- for now -- of the country's debt crisis but the country's slow economic growth and grim demographic outlook mean that even without the onerous rules attached to its repayments, it faces an uphill battle. Greece is done with the bailout young people say crisis not over although youth unemployment has fallen, graduates still have poor job prospects and young people feel hopeless.
Eurozone ministers declared the end of the greek debt crisis early friday agreeing debt relief and a big cash payout for greece, part of a broad bailout exit deal that will close eight years of financial rescues for cash-strapped athens.
The greek government-debt crisis began in 2009 and, as of november 2017, was still ongoing during this period, many changes had occurred in greece during this period, many changes had occurred in greece. Most stock quote data provided by bats market indices are shown in real time, except for the djia, which is delayed by two minutes all times are et.