Greece is still grinding toward Grexit

Stephen Pope

  • The Greek economy grew between April and June; although only by 0.2%
  • An estimate by the statistics service show it shrank by 0.9% year-on-year
  • Following sales-tax increases and pension cuts, consumer spending has fallen
  • The economy has contracted by 25% since the debt crisis in 2009
  • It is time to be seriously contemplating “Grexit” once again

It has been a while since I took a look at the tricky trouble spot of the…

Source: Greece is still grinding toward Grexit

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