Please enable JavaScript.
Coggle requires JavaScript to display documents.
Financial crisis of Greece 2008 - Coggle Diagram
Financial crisis of Greece 2008
Impact
Bond Yield
Decline in wealth
High Unemployment
Less investment
Budget Deficit
Government targeted to:
Increase Economic Growth
Reduce Unemployment
Reduce Government Spending
Reduce Current Account Deficit
What caused it?
Easy credit conditions
Huge government spending
Increased debt burden
Instruments
Bond Yield
International outstanding debt
Government debt
Total credit
GDP
How it overcame the crisis:
Loans from Private Investors
Loans from EU and IMF