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International Reports

Under Pressure

Greece in the Process of Economic, Political and Social Reform

Greece has found itself in the depths of the worst economic, political and social crisis of its recent his¬tory. The economic data is worrying – in its sixth year of recession, the country has seen its GDP shrink by over 25 per cent. More than 27 per cent of Greeks are out of work, and this figure has soared above 60 per cent in the under- 25 age group. And at the same time the “birthplace of the European debt crisis” finds itself facing the need for major fiscal and structural adjustments.

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