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Old Monday, February 22, 2016
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Jabbar Raheem Jabbar Raheem is offline
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failed start (Greece couldn't capitalize on marshal plan like other EU [ERP])
GFC 2008 shock laid open weakness
Failing Public Sector Institutions and resulting unemployment
Excessive Debt servicing and Debt accumulation
Resulted in liquidity crisis
resulted in political crisis so socialist tspiras became PM and denounced SAPs
EU and IMF rejected to bailout unless previous debts repaid or SAPs implemented
So, Greek Crisis precipitated

the only point i knew ,for sure, was GFC 2008 which actually shook Greek economy, rest is eyewash... i am not expecting more than 5,6 from this question because i hadn't any out of the box solution and only had models of some economists... it was a disaster question and still pricks me
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