Greece's Progress in Putting the Economy Back on Track?

Many people reading a NYT article on a series of Greek court decisions rejecting government austerity measures were probably surprised to see the comment that:


"According to analysts, the decisions could upend Mr. Samaras’s progress in putting the economy back on track."


It's not clear what progress these analysts have in mind. The Greek economy shrank at a 1.1 percent annual rate in the most recent quarter. While it is projected to show modest (0.6 percent) growth for the year as a whole, th...

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Published on June 13, 2014 02:48
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