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

Kai Ryssdal and Sean McHenry Oct 5, 2023
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"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

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

Kai Ryssdal and Sean McHenry Oct 5, 2023
Heard on:
"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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A decade ago, Greece’s economic situation was dire. Almost a third of the workforce was unemployed and the country was underneath heavy austerity measures to huge bailouts from their eurozone neighbors, especially Germany. But today, Greek might just be in the midst of an economic boom.

“In the last several years, there’s been sort of an acceleration of an economic turnaround,” said Liz Alderman, chief European business correspondent for the New York Times. “We’re basically at a point now where Greece is essentially booming.”

Alderman, who reported on Greece’s upturn, spoke with “Marketplace” host Kai Ryssdal about the change in Greek fortunes. To listen to the interview, use the media player above.

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