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I'm sure there are many reasons and opinions for this sad performance. In my opinion this was caused by both of those volatile countries never having stable,long term governments since WW2.
What else can I help you with?
Which European countries have debt problems?
Greece Portugal Malta Spain
What country has the highest national debt?
i think its Greece when compared to their GDP
What caused debt problems in such countries as Spain Italy and Greece?
Because their economies have become weak, borrowing additional money to keep their governemtns going has become more costly, which has made their economies even weaker
Which country is the biggest holder of debt in the us?
italy, monaco, or china
What are the current economic problems that Greece is dealing with?
Greece is currently facing economic debt crisis balance of payment deficit unemployment high inflation
Which country is in debt?
Many countries around the world carry national debt, with notable examples including the United States, Japan, and several European nations like Greece and Italy. National debt can arise from various factors, including government spending exceeding revenue, economic downturns, and the need for funding during crises. Each country's debt situation varies in magnitude and impact, influencing their economic policies and financial stability.
What problems might arise in country that has a huge national debt?
Bobo192 is a joke
What is the LDC debt crisis?
LDC debt crisis is where countries can't meet their global financial obligations thus the country is bankrupt. Greece is now in its 5th year
Why do countries such as Greece and ltaly have debt problems?
Countries like Greece and Italy face debt problems due to a combination of factors, including high public spending, economic stagnation, and structural inefficiencies. Both nations have experienced significant economic challenges, such as low growth rates and high unemployment, which limit their ability to generate revenue. Additionally, factors like political instability, reliance on external financing, and the global financial crisis have exacerbated their debt situations. These issues create a cycle of borrowing and austerity measures, making it difficult for these countries to achieve fiscal sustainability.
Has Estonia ever had any money problems?
Yes. Estonia is currently dealing with economic problems as the country has a debt equal to that of its GDP.
How can you fix your debt problems?
There are sites online where you can fix your debt problems. One of the sites where you can get help on fixing your debt problems would be on fix-debt.
Does Greece have any debt?
All countries have some sort of debt.
