Question

The bailout of Greece’s failing economy was negotiated by ____

Answer 1

Answer:

The Greek economic crisis that initiated in 2009, right after the world economic recession of 2007-2008, brought the Greek nation into bankruptcy and almost total disaster. Because of the effect it might have on Europe at large, and because they were also part of the Eurozone, it was the nations of the Eurozone, particularly Germany, who negotiated with the Greek government to implement a series of loans, special rates, and policies to ensure the survival of the economy. The lenders of the special loans that were agreed to between the Eurozone leaders, and the Greek government were the International Monetary Fund, the Eurogroup and the European Central Bank.

Answer 2

The bailout of Greece's failing economy was negotiated by Germany.