Greece has officially come out of the crisis but it still faces three big challenges - Creak News

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Greece has officially come out of the crisis but it still faces three big challenges

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  • The European Stability Mechanism has announced that Greece has "successfully emerged" from the financial assistance programme agreed in 2015.
  • Despite this announcement, Greece still faces major economic challenges.
  • Its GDP is still struggling and the country's unemployment rate is still worryingly high.

 

Eight years and three bailouts later, Greece is seeing light at the end of what has been a very long tunnel: the European Stability Mechanism (ESM) announced last week that Greece had "successfully" emerged from the three-year financial assistance programme agreed between Athens and its international creditors in 2015.

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