Greece Crisis Timeline

Debt

Government debt 160% of GDP

1

Unemployment

1 in 6 is unemployed

2

20 % job cuts

3

Cuts

30% cuts of wages

4

Fraud

Lied about military spending

5

VAT up to 23% went into euro with fraudulant ways

6

Deficit

Deficit was 1.8% of GDP

7

Deficit was actually 3.4%

8

Deficit was actually 14%

9

Lies

Desperate to enter the euro zone

10

Acting like nothing was wrong

11