Greece and Europe agree to potential proposal. Source article on CNN.com Since 2010, Greece has received ~€233 billion from the EU. Despite that, Greece is still in massive debt. Last week, the EU cut Greece off from more bailout funds. Greece is bankrupt. Banks are closed & withdrawals are limited. Greece will either leave the EU or agree to new …
The Greece Debt Crisis
Greece owes $323 billion and can’t pay it back. Source article on CNN Money In 2010, it was learned that Greece had massive debt. The EU bailed them out 3 times from 2010 to 2014. The bailouts totaled over €240 billion & came with conditions. People rioted because the conditions included cuts to pensions. In 2014 things were turning around: …