The financial crisis still haunting Greece

Join thousands of others who receive this daily analysis of crypto markets & news in their inbox every morning - subscribe now. People don’t forget when banks and governments mismanage their money. I’m in Greece for a few days and have been blown away by how many people are still talking about the Greek financial crisis. As a reminder, Greece suffered the longest recession of any modern capitalistic society starting in 2009. The crisis was started by the Great Recession and exposed structural weaknesses in the Greek economy. To add fuel to the fire, it became publicly known that Greece’s government had previously underreported their sovereign debt and deficit levels.

Read →