Greeks See Little Cause For Joy As 8-year Bailout Era Ends

ATHENS, Greece (AP) — There'll be no dizzy dancing in the moonlit streets of Athens. For all the official pronouncements that Greece's eight-year crisis will be over as its third and last bailout program ends Monday, few Greeks see cause for celebration. Undeniably, the economy is once again growing modestly, state finances are improving, exports are up and unemployment is down from a ghastly 28 percent high. But one in five Greeks are still unemployed, with few receiving state benefits, underpaid drudgery is the norm in new hirings, the average income has dropped by more than a third, and taxes have rocketed.Read more on NewsOK.com

Topics:  greece ap     there'll   athens   greece   undeniably   newsok   athens   greeks   bailout   era   ends   state   

 

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