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In the eye of the Greek storm
By Yannis Behrakis
(View a slideshow of Yannis’ photos from the Greek financial crisis here)
In the past 20 months the Greek financial crisis has been one of the world’s top stories. Day in, day out words like, IMF, ECB, and Troika are mentioned as some of the most common words in my country. People who knew nothing about economics and had never heard of strange words like “spreads”, “haircut” and “bailout”, now seem to have become almost experts in financial matters. Everywhere you go in Greece people talk about the same issues — an upcoming default, the economic meltdown, the misery the unemployment, the rising prices, the possible loss of their deposits in banks if Greece goes back to its old currency, the drachma.
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