January 2012
Political Risk Yearbook: Greece Country Report;2012, p1
Country Report
The article reports on Greece's economic and political situation as of August 2011. It highlights the approval of additional austerity measures in June 2011 in response to a key condition for a second package of bailout loans from the European Union and the International Monetary Fund. It expects the country to continue laboring under fiscal austerity in the absence of an economic rebound. It attributes renewed tensions to another round of tax hikes and spending cuts.


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