One Way To Help Greece Recover: Help Greek Companies To Obtain Financing

April 22, 2015 5:59 PM

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One Way To Help Greece Recover: Help Greek Companies To Obtain Financing

News about the Greek economy continues on the front page of every major newspaper, as the country continues its six-year struggle to reenergize its economy. On Friday, Eurozone finance ministers will decide whether to release emergency funds to Greece, and the country must make two repayments totaling 950 million euros to the International Monetary Fund by May 12.

However, major confusion exists about what has happened in this period and why we are still talking about Greece being at the Eurozone’s exit door and at the brink of bankruptcy.

Also read: UW’s Chris Petersen on sweating out a playoff berth: ‘I felt good all along until probably the last five minutes’

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