Greece

In the last two years, the euro has been tested like never before, leaving some to wonder whether the currency would come to an end amidst a slew of national economic crises – the worst of which, it seems, belongs to Greece (see also: Ireland, Portugal, Spain and Italy). Led by President Karalos Papoulias and Prime Minister Lucas Papademos, the Mediterranean country went bankrupt last year, highlighting decades of central government mismanagement. Sky-high unemployment, unpopular austerity measures, and a threat of national default fueled the economic crisis, which led members of the European Union to wonder whether the union was strong enough to survive the aftermath of a member state’s economic collapse.

Thanks to our sponsors:

View all sponsors

Thanks to our sponsors:

View all sponsors

Thanks to our sponsors:

View all sponsors