Greece still 5th on Bloomberg’s misery index despite bailout exit, return to growth

19 April 2019
395 Views

Despite exiting the memorandums, posting high-end Eurozone growth rates and even making a timid but successful market foray for sovereign borrowing, Greece nevertheless remains in the unenviable “top 5” of the Bloomberg Misery Index, ranking fifth, specifically.

The index is based on figures on inflation, unemployment and how the latter affect a country’s citizens.

A total of 62 countries are surveyed for the index, with the “negative first place” again going to Venezuela, where inflation this year has already skyrocketed to eight million percent.

Argentina follows in the misery category, with the North Africa region in third, then Turkey, and finally, its western neighbor, Greece.

The “least economically miserable” countries, according to Bloomberg are liberal-minded Thailand, Singapore, Japan, Switzerland and Denmark.

You may be interested

Turkish High Court ruling paves way for Hagia Sophia to be converted into Mosque
SLIDE
shares41 views
SLIDE
shares41 views

Turkish High Court ruling paves way for Hagia Sophia to be converted into Mosque

makis - Jul 10, 2020

The Turkish Supreme annulled the 1934 decision by which the then Turkish government turned the Hagia Sophia in Constantinople into…

Paros is the best island in Europe for 2020: Travel + Leisure
GREECE
shares67 views
GREECE
shares67 views

Paros is the best island in Europe for 2020: Travel + Leisure

Panos - Jul 09, 2020

The Greek island of Paros is the best island in Europe, according to Travel + Leisure. The well-known travel magazine…

Greece, Hungary discuss energy cooperation
GREECE
shares84 views
GREECE
shares84 views

Greece, Hungary discuss energy cooperation

Panos - Jul 09, 2020

Greek Environment and Energy Minister Kostis Hatzidakis on Thursday met with Hungary's Foreign Affairs and Trade Minister Peter Szijjarto. The…

Leave a Comment

Your email address will not be published.