Why does Greece have money problems?

Anonymous

∙ 12y ago

Updated: 8/18/2019

In the recent past and to date (2010) The Greek government has been spending more money than it can collect in taxes from the people.

To correct the situation the government has to raise taxes and or reduce expenditure.

Wiki User

∙ 12y ago

What else can I help you with?

What is Greece's unit of money?

The EURO is Greece's unit of money.

How rich is greece?

Greece is having financial problems.

How much does Greece have?

Greece is having financial problems.

What is Greece's biggest money making industry?

greece

What is Greece money made out of?

ancient Greece money is made from gold, silver, copper, and and electrum

How much was ancient Greece money in ancient Greece?

Whatever the amount of the piece of money, that's what it was.

What do people in Greece call their money?

Greece uses the Euro

How is the money in Greece?

I assume you mean "What is the money in Greece". Since 2002 Greece has used the euro, along with most other members of the EU. Prior to that Greece had its own currency, called the drachma.

How is the money system in Greece?

Greece used drachmas untill 2000 when greece was introduced to the euro.

How many Greece dollars equals 1.50 in us money?

One Greece dollar equals $1.50 in U.S. money

Which country is facing the worst economic problems?

Greece.