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linked austerity
Greece was hit hard by the worldwide [[Recession of 2008]], and government finances are chaotic. The government deficit of 12.7% of GDP is the highest in the EU.
Greece was hit hard by the worldwide [[Recession of 2008]], and government finances are chaotic. The government deficit of 12.7% of GDP is the highest in the EU.
In July 2015, voters in Greece overwhelmingly rejected demands by the EU for fiscal austerity, which cast doubt on whether Greece would continue to use the [[euro]] as its currency.
In July 2015, voters in Greece overwhelmingly rejected demands by the EU for fiscal [[Ascesis|austerity]], which cast doubt on whether Greece would continue to use the [[euro]] as its currency.
==Geography==
==Geography==