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A decade after its debt crisis, Greece's economy may have recovered

by Kai Ryssdal and Sean McHenry
Oct 5, 2023
"In the last several years, there's been sort of an acceleration of an economic turnaround," said Liz Alderman at the New York Times. "We're basically at a point now where Greece is essentially booming."
"Huge numbers of people have been visiting Greece," said New York Times chief Europe business correspondent Liz Alderman. "That's helped to drive a boom in everything from construction to services."
Spyros Bakalis/AFP via Getty Images
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Tourism boosts the Greek islands, but not all seek the spotlight

by Victoria Craig
Aug 12, 2022
With its sunshine and turquoise waters, Greece draws travelers worldwide. Now the government is promoting lesser-known islands.
The Greek government is trying to attract tourists to lesser-known islands that may lack spectacular features. In some cases, the locals have mixed feelings.
Victoria Craig/Marketplace
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Greece no longer the “sick man of Europe,” emerging almost unscathed from COVID-19

by Stephen Beard
Aug 27, 2020
In spite of a recent upsurge in cases of COVID-19, heavily indebted Greece has handled the pandemic more effectively than many of its European partners.
People enjoy a sunset on the Areopagus hill overlooking the ancient Acropolis in Athens in May.
Louisa Gouliamaki/AFP via Getty Images
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Greek restaurant and hotel owners unhappy with migrant camps

by John Laurenson
Dec 30, 2019
They say overcrowded camps of migrants are driving away tourist business.
Migrants protesting in the town of Samos, Greece.
John Laurenson
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What to look out for in Europe in 2019

by Stephen Beard
Jan 4, 2019
With Brexit looming and amid economic uncertainty, Europe faces some strong headwinds.
The Berlaymont building, the headquarters for the European Commission, in Brussels.
Mark Renders/Getty Images
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The euro is a mixed blessing for Greece

by Stephen Beard
Aug 17, 2018
As the country prepares to exit years of IMF-EU bailouts, views differ on the European Union's common currency.
The Greek flag and the flag of the European Union fly above a government building in Athens, Greece.
Matt Cardy/Getty Images
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Greece leaves bailouts behind; wonders what's ahead

by Stephen Beard
Aug 15, 2018
Some Greeks fear their country may struggle once bailouts end.
A man waves a Greek flag in front of the Greek parliament during a pro-European rally on July 9, 2015 in Athens, Greece.
Christopher Furlong/Getty Images
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Greece emerges from bailouts, but Greeks remain skeptical

by Stephen Beard
Aug 14, 2018
The country's economy is improving, but many still bear the scars of the crisis.
In this photo illustration, a one euro coin stands on a map of Greece showing the city of Athens.
Sean Gallup/Getty Images
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Former Greek finance minister Yanis Varoufakis explains how the debt crisis was a Greek tragedy

by David Brancaccio
Nov 3, 2017
"When you treat one European people as expendable and as collateral damage in a kind of war, a dirty war...you're condemning Europe to constant fragmentation and disintegration at the economic, financial and moral level."
Former Greek Finance Minister Yanis Varoufakis speaks at the official launch of the Democracy in Europe Movement 2025.
Sean Gallup/Getty Images
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In Europe, signs of economic recovery

by Andy Uhler
Jun 8, 2017
These past few years have been rough for the European economy. The Greek debt crisis; shaky banks in Italy; widespread unemployment in Spain. Now, though, there are signs that things are picking up. The European Central Bank, which frames economic policy for the eurozone — the 19 countries that use the euro as their currency […]
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