In an extremely turbulent fiscal situation, Greece has received financial help three times between 2010 and 2015. The Greek people have had a very large percentage of the income reduced since 2009, and have had to adapt very quickly to a new reality. This paper aims to shed light on the financial choices the Greek people made and to examine how well they can respond to urgent financial needs in a time when the Greek society has shifted towards poverty. Keywords: Financial literacy, Greek economy, Greek debt crisis.
In an extremely turbulent fiscal situation, Greece has received financial help three times between 2010 and 2015. The Greek people have had a very large percentage of the income reduced since 2009, and have had to adapt very quickly to a new reality. This paper aims to shed light on the financial choices the Greek people made and to examine how well they can respond to urgent financial needs in a time when the Greek society has shifted towards poverty. Keywords: Financial literacy, Greek economy, Greek debt crisis.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.