Which of the following reasons explained Greece's difficulty in financing its debt?
A) Greece's abandoning of the euro in exchange for the drachma
B) The global recession
C) Higher interest rates
D) Both options B and C are true.

Question

Quizplus · Accepted Answer

Greece's difficulty in financing its debt was primarily due to a combination of factors including the global recession and higher interest rates. Greece did not abandon the euro in exchange for the drachma.

Which of the Following Reasons Explained Greece's Difficulty in Financing