Greece

Indians Moving Out of Greece

by moveforward on July 6, 2011

Greek economy in shambles

Greece is in the midst of major economic turmoil with over 39 airports, 850 ports and other government owned assets offered for sale to raise funds for the debt-ridden economy. Included in the fire sale are railways, motorways, sewage works, energy companies, banks, lands, casinos and even the national lottery.

It is also being helped out by the European Union as a financial aid plan is being proposed which requires stiff austerity measures to be implemented in Greece. This plan is now being discussed in Parliament as the nation groans under the severity of the proposed plan, with riots happening on the streets and major employment dislocation. [click to continue…]

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