Handelsblatt: Greece and Italy are the “problematic children” of the Eurozone
Greece and Italy have shown that they are the “two problematic children” in the Eurozone, as they are the only countries where the national debt has risen, notes the famous German newspaper Handelsblatt.
Greece’s debt to GDP ratio expanded to 181.1% in 2018, from 176.2% in 2017, according to Eurostat, which is the worst performance in the eurozone, as the German newspaper underlines.
“This increase in public debt is mainly due to new loans by Greece’s European partners’ loans to the crisis-stricken country. Lately, however, the Greek economy has returned to growth, and the government in Athens intends to prematurely repay loans worth billion dollars from the International Monetary Fund.”
You may be interested
Weather forecast: Mostly fairPanos - May 24, 2019
Mostly fair weather and winds from variable directions are forecast for Friday. Wind velocity will reach 5 on the Beaufort…
JOKER results: 23/05/2019Panos - May 23, 2019
The winning numbers from the JOKER draw are as follows: