What caused the Greek crisis?

Question

Accepted Answer

The Greek crisis was caused by a combination of factors including high public debt, economic recession, and structural issues.

High public debt due to excessive government spending and borrowing
Economic recession leading to decreased tax revenues and increased unemployment
Structural issues such as a lack of competitiveness and inefficient public sector
Membership in the Eurozone limiting Greece's ability to devalue its currency and implement monetary policy
Bailouts from the EU and IMF exacerbating the problem by imposing austerity measures
Corruption and tax evasion also contributing to the crisis

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