Finance Oracles See Trouble Ahead For Greece

Finance Oracles See Trouble Ahead For Greece December 23, 2009

(Photo ©iStockphoto.com/mbbirdy) When most people think of Greece, they imagine warm ocean breezes and tranquil seaside fishing towns. But these days, when European leaders talk about Greece, the mood is anything but calm. After years of imbalanced budgets, government corruption and widespread tax evasion, Greece is now on the brink of a full-on financial crisis. The country’s debt totals 110 percent of gross domestic product. This year’s deficit is expected …

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