Greece: Bailout exit day looms for the Eurozone’s most heavily indebted member state

Greece: Bailout exit day looms for the Eurozone’s most heavily indebted member state
Copyright 
By Katy Dartford
Share this articleComments
Share this articleClose Button
Copy/paste the article video embed link below:Copy to clipboardCopied

Over the past eight years, under three bailout programs, Greece has borrowed more than €288bn at rock-bottom interest rates. The country’s creditors believe it's now able to stand on its own two feet, but few ordinary people seem to believe that bailout exit day will be a new beginning.

ADVERTISEMENT

After nearly nine crisis-filled years, relentless austerity and four governments.....

Greece will exit its third bailout programme on Monday.....

The Eurozone’s most heavily indebted member state has borrowed more than 288 billion euros - the biggest bailout in global financial history – at rock-bottom interest rates.

Now, the country’s creditors believe Greece is able to stand on its own two feet.

So will Bailout Exit Day be a new beginning for Greece?

Our correspondent in Athens, Fay Doulgkeri, reports on how business owners in Greece have responded to the crisis. You can see her report in the video above.

Journalist • Foteini Doulgkeri

Share this articleComments

You might also like

Greece formally ends bailout plan with EU

EU says indebted Greece can finally "stand on its own feet"

Germany's government calls summit to combat housing crisis