Some of the factors contributing to the vast improvement in inflation include austerity measures which have reduced wage growth, a determination to keep the exchange rate stable against major European currencies, the sale of inefficient state run enterprises and a willingness amongst policy makers to avoid inflationary policy measures. ... After almost a decade of Papandreou policies, inflation in Greece became deep-rooted. Economic policies since the late 1980's have recognized the shortcomings of Greece's inflation performance and partly as a result of pressure from the European Un...

• Word Count: 1623
• Approx Pages: 6
• Grade Level: High School

There are a few reasons that I came up with on why the German government continues to loan Greece money. It seems to me that a major part of their continued financial support is due to the fact that they have a lot at risk if the Greek economic situation deteriorates further. It's no secret that the...

• Word Count: 731
• Approx Pages: 3
• Grade Level: High School