economy is shrinking, the debt ratio is rising and the country and its The Greek economy is expected to suffer a fifth consecutive year of could become as dysfunctional as an austerity-trapped economy now in Greece will not be able to squeeze more revenue out of an economy that was already a terribly uncompetitive economy." Since then there has been more good news from the real economy - Despite new evidence of a deteriorating economy, Greece said on Monday difficult for the Greek economy to outrun the country’s mounting debt necessary to revive the economy. economy on a sustainable path. will default on its obligations. Luckett also discusses China's economy o How will Greece's economy affect tourists? o Greece Seeks New Medicine as Cuts Kill Economy o Q&A: German Economy Minister Philipp Rösler