"The Insurance Industry in Greece, Key Trends and Opportunities to 2016" Published
Greece has been in recession since 2008 and in 2011 the economy contracted by 6.9%. The nation was granted two bailouts by the International Monetary Fund (IMF) and the EU. While the first bailout was sanctioned in 2010, the second was ratified in February 2012. However, with worsening economic conditions, the possibility of a third bailout, with loans of up to EUR44 billion was agreed upon by Eurozone finance ministers in November 2012. The country is not expected to return...
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