10 Greek Debt Crisis Facts – WMNews Ep. 13
As an anti-austerity party takes power in Greece, a serious confrontation looms between the new government and its Eurozone creditors, throwing into question the stability of this troubled economic union. Welcome to WatchMojo News, the weekly series from that breaks down news stories that might be on your radar. In this instalment, we’re counting down 10 crucial facts you should know about the Greek debt crisis.
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European debt crisis
Greek debt crisis
bail out
Budget deficit
Go back in time grab some Spartans they will fix everything 🙂
All of europe is economicly screwed… 😛
Γαμο το κέρατο σου Μέρκελ παλιό πουτανα, κολογρια η Γερμανία χρωστάει όχι Η Ελλαδα
off the bat you were proven wrong since the anti auterity party you said was the most pro austerity party which signed the worst bill in hstory to sell out entire country.
The only political party that was against the austerity to vote in parliament was Golden Dawn and almost KKE. Which the EU put an order to imprison with no trial.
You have many facts wrong so I dont know why you bother.
After the Greek Olympics the political party got a loan which the they took and split it with the bankers.
The debt is being pushed by international court since the loan contract was broken.
Greece has over 3 trillion in natural resources and the politicians got paid billions to sell Greece out so that the big banks take over all of Greece.
Meanwhile Russia's like: when Europe gets union no one bats eye, when i get union everyone looses mind! (I'm not portraying a stereotype, that's how Russian grammar works, they don't like using conjunctions)
Oh! You forgot to mention that we are totally fucked, now that Varoufakis quit and left us hanging!!!
حیف. بازنمیشه
You should do a 10 country with most debt
I am Greek and I find this Greek
The United Kingdom needs to leave the European Union, we need to become self sufficient. Without us becoming fascist.
Germany has become too powerful, too influential, it bullies weaker nations. Worst of all though, it has also made other European Nations feel sorry for its evil past.
Should do another video on this matter now that Alexis Tsipras has reseign. Great video though
Μεγαλε μπαοκ η δυναμη σ ειμαστε εμεις οι 2 οπαδοι σ
I'm living this right this second yep you guessed it I'm Greek but we are actually doing pretty well
They say that 70-75% of Germans are friendly to greeks and love our culture. I honestly believe that, I do. It's just that the rest 25-30% is their Goverment. I personally love Germany and German language so don't get me wrong German people. I don't hate you or even simply dislike you. I only dislike some of the decisions your Government makes.
The funny thing is that the people they hate us demand from us to pay the debt like if we could we wouldn't do that already.
how to win a war…. take all the enemy's money away. so how did Greece lose all its money too?
Greeks supported the idea of forgiving Germany's debt after they went bankrupt at the end of W.W 2 . after all the massacres , killings and damage done to greece (it whas the first country to resist the axis and defeated italia , it is said that thanks to greece the allies won the war cuz they force hitler to march his troops down and capture greece , which slowed down germany to march on russia and got their arses kicked. Now germany wont forgive the dept of greece . forgiving your enemy is worth more than trillions of euros . respect this
I am Greek buy living in Canada
The Greek should stop this handout culture, the government is not there to take care of you.
No Europe. You will not sell my country.
I want to tell you a secret.
I love WatchMojo.
I just got back from holiday in Greece in Athens and Santorini – great, cultural country that should be saved. We should all visit Greece for holiday, it is safe and nice but perhaps Greece should just legalize Cannabis for sale – then they'd have tourists flocking to them for the Weed, beautiful food, scenery, history and weather.
You forgot to mention a lot of FACTS. Such as that Greece has and had the highest tax evasion in EU. Also that Greece was giving false reports of its economy prior of entering into the Eurozone. That Greek people receive some of the most generous pensions in EU and have access to non generic pharmaceutical products probably in the cheapest prices… The Greek governments for the most part failed to implement the reforms. That's why the economy got worse. Not because of the austerity measures. When they implemented many of the changes and tried to battle tax evasion the Greek economy recovered and prior of the Tsipras government Greece was officially out of the crisis because for the first time they had a surplus in their badged. That's just few of the facts that you "forget" to mention…
they can pay there dept. like everyone else , I,d like someone else to pay for my dept too. realy stupid people don,t belong in the eu. lie after lie blaming everyone else. it,s Germany falt it,s because of America , because of the world . not greek fault oh no. everone else is to blame. keep vetoing Macedonia on becoming eu member.unless they change there name. calmer for greeks .
u should also mentioned that after ww2 eu and america restored germany and now germany is nothing more than america's little bitch,all europe hates germany,especially the french and portugal,i hope fking america stops fking controlling europe through this rat germany,fking scum goverments
I'm not an economist but what Greece, the EU and IMF should do is:
* The EU and IMF should forgive and pay off Greece's debts but in exchange, stop further loans
* Greece should cut spending for social and infrastructure programs they cannot pay for and maintain on the bare necessary gov't institutions and departments
* Greece should start collecting taxes and clamp down on tax loopholes and offshore bank accounts
* Greece should sell of some infrastructure assets that can't be maintained to private investors
VarouFUCKis
bullshit , 4 private banks gets the money and they use as guarantees the national funds (the people …, that will repay these loans with taxation)
dirty jobs from our leaders in E.U. and their fellow friends the bankers.
I am from Greece… they tell you bullshits.
– John.k
Greece should sell their country to the closer countries, Turkey, Albania, Serbia and Macedonia
This neglected the number of politicians that ripped off the country. It wasn't socialism, but dirty politicians, which was why Greeks were holding back on paying their taxes, to keep politicians from stealing the money.
Let's see how many armchair economic experts we 've got….
Yeah…We are a fucked up country
Non greeks critize Greece about this? Look at the USA their debts are 25 times larger than this. And Germany's former debt was pretty bad to.
den sas pistebo malakes elleos
why not letem go broke
TSIPRAS CUT PENSIONS AND GOVERNMENT JOBS
Corrupt politicians, money-laundering, Germany not paying their occupation loans (which were FORCED on us during the war), Germany not paying for their corrupt businesses in Greece like Siemens, the "ΕΛ.ΣΤΑΤ." (Hellenic Statistics) organization which IN AGREEMENT WITH POLITICIANS (especially that dirty pig that is George Papandreou), inflated the numbers of our debt and presented FAKE data (presented more debt than we actually have, to force us in this situation)… These are some of the basic reasons that we are here, today.
ITS TIME FOE USELESS ZORBAS TO GO BACK TO DRACHMA
europeans want pensions without being productive like asia,,,grapes and olives wont save special benefits,,,,opa,opa
They could cut on few things…
…like the border.
Us Greeks hate our politicians too trust me but admit that Germany is pretty corrupt Angela Murkel is a traitor to europe
I'd much rather be watching all the videos they ripped than this video
Modern Greeks are not descendants of Ancient Greeks!