Greece Receives Another Bailout Greece Receives Another Bailout Greece Receives Another Bailout Greece Receives Another Bailout

Greece is receiving another bailout because the country does not have the means to pay 14.5 billion euros to its bondholders. Hillary Walsh, economic, finance and trade manager at Euromonitor International, explains that this particular bailout is very important to Greece, which has been in recession for five years. This new bailout requires that the Greek government fire 150,000 public sector workers by 2015, cut minimum wage by 22%, and lower pensions of more than 1,300 euros by 12%. In ret...