Greece has had to make sacrifices
the winter months, the country had to commit to further austerity measures, including more spending cuts and tax increases.
Greece also had to complete a bond buyback program, which is intended to lighten its crushing debt load. This week, Greece said it would buy back $41.5 billion of its bonds from private investors at one-third of their face value.
Greece has been battered by a financial crisis since late 2009 that has left it dependent on funds from international rescue loans for the past two and a half years.
In return for the money, the austerity has contributed to a crushing recession.
Figures earlier Thursday from the country’s statistics office showed unemployment at a record high of 24.8 percent in the third quarter