Tag Archives: Greek economyt

Greece; a Coming GreXit?

As the Greek Government battles for the last of the Bailout Funds (approx. $90 Billion) won in 2015, they still face a series of seemingly intractable issues that added debt will not cure. A $7 Billion payment due its creditors in July 2017, austerity reforms that are sending the Greek economy further into the abyss, tax reforms so severe that the average business/worker keeps a mere 30 percent of their gross income and an unemployment rate of 23 percent that shows no sign of fatigue.

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