This December, Greece has seen more media coverage since it pitched camp outside the walls of Troy in pursuit of a misguided woman. It’s all about the deficit and debt of the Greek government. This year the government’s deficit will reach 12.7% of GDP and the public debt is estimated to be around $430 billion(113% of its GDP).
There are governments that have deficit and debt levels similar to that of Greece but here are three factors that make the Greek situation unique: CONTINUE
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