Financial Crisis in Greece•Debt is $413.6 billion
•One of the worst countries with debt in Europe
Background Information• Prime Minister of Greece is George A.
Papandreou
• Government is Parliamentary Republic.
• Currency used is Euro
• Member of EU
Imports and Exports
• Greece imports twice as much as they export
• Greece's main industry is grape wineries/wine. One other crop is olives.
• Tourism is the main income for Greece
Civil Unrest• An estimated 60,000 people join to riot• Becoming more violent
How Greece is going to fix it
• Raise taxes on fuel, tobacco, and alcohol
• Raise the retirement age by 2 years
• Greeks are upset with government