Kao zemlja pod vodstvom socijalista gdje plaće i socijalna davanja čine 75% ukupne potrošnje vlade, i gdje, prema riječima MMF-a, korupcije ima u izobilju, Grčka je ranije u toku godine bila u poziciji direktnog zaranjanja u stečaj, uz 300 milijardi eura duga i uz deficit od 13,7% BDP-a.
A socialist-led country where wages and social benefits make up 75% of the government's total expenditure, according to the IMF, and corruption is rife, Greece found itself diving head first towards bankruptcy earlier this year, with 300 billion euros in debt and a deficit of 13.7% of its GDP.