The cause of the economic crisis Greece first causes a lack of repaying a State-of-the-year 2552 Greece's fiscal deficit at 12.7% of GDP, which is higher than the appropriate level of the group, the European Union defined up to approx. 4%. The State Government's lack of repaying them, as a result, the Government of Greece's debts rise to 112.6% of GDP in the year 2552 which is higher than the appropriate level of the group, the European Union defined up to almost 2%.
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