Financial Crisis in Greece

Greece got into this crisis is related to the political system. Political parties spend lots of money as they used patronage, subsidies and government jobs to bribe voters. Then Eurozone implemented a one-size-fits-all currency and Greece could not adjust to it.

Currently Greece owes 350 billion Euros.

SWOT analysis

In conclusion,  Europe will still try and help Greece as Greece is still part of Eurozone. However, the debt Greece owes will not be paid back in the next 30 years.

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