But again, greece is underindustrialized that private capital has more than enough ability to maintain that little infrastructure required for tourism and farming.
SpiritedEclair on
Feels like a consolation prize 🤣
mangalore-x_x on
It feels like the US is helping by crashing their numbers
th30be on
Good for them.
Lanky-Rush607 on
Another day, another ND propaganda post by Aegeansunset12.
nikolasxino1 on
life for greeks is harder than ever.
SharkyIzrod on
I understand that when you hear about people struggling day-to-day, such wins might feel Pyrrhic. But this is a great sign for Greece long-term, and will serve as a good example for why lower government spending and responsible, fiscally conservative rule is healthier than populist overspending as we can see in other countries in the region (maybe the worst example being Romania, with its deficit in 2024 nearing double digits at a horrific 9.3%).
It will take time for this to bear fruit for the average person. And in the short term, for some it will hurt. This is like a less extreme version of what Argentina is going through, and bringing government spending and budgets back down to Earth is never painless. But the sooner it happens, the better, and I can only dare to hope Bulgaria gets a fiscally responsible government anytime in the foreseeable future.
NolanCross on
Don’t post this in greece sub, you’ll be called a troll or bot.
ESgoldfinger on
Are Greek people aware as well of this massive success?
bayman81 on
Is this USD rates vs EUR rates? Hardly comparable given different inflation and central bank rates?
PlasticSoul266 on
Using bonds interest rates to measure market performance is fucking insane bro
chuljo on
Please use the same y-axis for both time series if you want to compare them
vksdann on
Can someone explain the graph (forget the top part, just the graph)?
BalkanTurboChad on
Hahahahahaah
Kejo2023 on
This ‘user’ is a bot from the ND party of Geece. It is the party of the Greek Prime Minister.
Just be aware. He spreads news like this without taking into account how the austerity measures have ruined the lives of millions of Greek citizens.
Potential-Focus3211 on
We need a left-leaning socialist government again like Syriza or PASOK to handout government unemployment salaries & public sector employment. They will promise us risk-free permament jobs in the government sector and we will promise them victorious electoral results.
WasabiNo5985 on
you realize greece crashed hard first?
LongCarpet1597 on
Πληρώνεσαι τουλάχιστον για ανεβάζεις πόσο παράδεισος γινομαστε στους αχαμπαρους Ευρωπαίους
i_like_trains_a_lot1 on
that’s a very weird graph. There are two different X axis and the graphs don’t evens tart from the same point to highlight relative change.
US (red) fluctuates between 4.8 and 0.8 while the greek one (green) between 15 and down to ~3.75?
Weird graph, as it doesn’t compare apples to apples.
cosmicdicer on
Post it in r/greece, should be under the 2 posts of their favorite source of financial analysis and infformation, a YouTuber who.posts videos titled
” THE TRUTH ABOUT GREEK ECONOMY”
FermentoPatronum on
The Chinese 10 year yield is at 1,69%, presumably this means they are the bigger market success then? Japan is about 1,5%, they must be the absolute best
AnomicAge on
What the hell am I looking at on the y axis?
benfromgr on
All it takes is the sole superpower to actively try to ruin their economy(longer than trump) to make the euros look better, they finally can start posting positive stories comparing america after a couple of decades of implosion.
Garderanz1 on
Maybe europe was too strict but got something out of it
JackTuz on
I mean can we actually understand what’s going on here? Greece’s debt was, for all intents and purposes, assumed by Germany as the Greeks are locked into low interest rate repayments. As global inflation continues the debt to GDP ratio falls. Meanwhile the people of Greece continue to struggle…
tgh_hmn on
Bravo!
the_mighty_peacock on
I fail to understand how this is news for Greece more than it is news for the US treasuries’ performance. To compare, this is the same graph with EU average included: [https://imgur.com/a/QNUwV2G](https://imgur.com/a/QNUwV2G)
US treasury yields went up the past months after Japan and Canada started mass selling bonds to leverage Trump away from tariffs. How is this relevant to a european sub?
28 commenti
[Source](https://tradingeconomics.com/greece/government-bond-yield) Greece also has better borrowing terms for [long term](https://en.protothema.gr/2025/05/19/greece-borrows-cheaper-than-the-us-for-up-to-30-years/) 30 year long bonds
Austerity done right.
But again, greece is underindustrialized that private capital has more than enough ability to maintain that little infrastructure required for tourism and farming.
Feels like a consolation prize 🤣
It feels like the US is helping by crashing their numbers
Good for them.
Another day, another ND propaganda post by Aegeansunset12.
life for greeks is harder than ever.
I understand that when you hear about people struggling day-to-day, such wins might feel Pyrrhic. But this is a great sign for Greece long-term, and will serve as a good example for why lower government spending and responsible, fiscally conservative rule is healthier than populist overspending as we can see in other countries in the region (maybe the worst example being Romania, with its deficit in 2024 nearing double digits at a horrific 9.3%).
It will take time for this to bear fruit for the average person. And in the short term, for some it will hurt. This is like a less extreme version of what Argentina is going through, and bringing government spending and budgets back down to Earth is never painless. But the sooner it happens, the better, and I can only dare to hope Bulgaria gets a fiscally responsible government anytime in the foreseeable future.
Don’t post this in greece sub, you’ll be called a troll or bot.
Are Greek people aware as well of this massive success?
Is this USD rates vs EUR rates? Hardly comparable given different inflation and central bank rates?
Using bonds interest rates to measure market performance is fucking insane bro
Please use the same y-axis for both time series if you want to compare them
Can someone explain the graph (forget the top part, just the graph)?
Hahahahahaah
This ‘user’ is a bot from the ND party of Geece. It is the party of the Greek Prime Minister.
Just be aware. He spreads news like this without taking into account how the austerity measures have ruined the lives of millions of Greek citizens.
We need a left-leaning socialist government again like Syriza or PASOK to handout government unemployment salaries & public sector employment. They will promise us risk-free permament jobs in the government sector and we will promise them victorious electoral results.
you realize greece crashed hard first?
Πληρώνεσαι τουλάχιστον για ανεβάζεις πόσο παράδεισος γινομαστε στους αχαμπαρους Ευρωπαίους
that’s a very weird graph. There are two different X axis and the graphs don’t evens tart from the same point to highlight relative change.
US (red) fluctuates between 4.8 and 0.8 while the greek one (green) between 15 and down to ~3.75?
Weird graph, as it doesn’t compare apples to apples.
Post it in r/greece, should be under the 2 posts of their favorite source of financial analysis and infformation, a YouTuber who.posts videos titled
” THE TRUTH ABOUT GREEK ECONOMY”
The Chinese 10 year yield is at 1,69%, presumably this means they are the bigger market success then? Japan is about 1,5%, they must be the absolute best
What the hell am I looking at on the y axis?
All it takes is the sole superpower to actively try to ruin their economy(longer than trump) to make the euros look better, they finally can start posting positive stories comparing america after a couple of decades of implosion.
Maybe europe was too strict but got something out of it
I mean can we actually understand what’s going on here? Greece’s debt was, for all intents and purposes, assumed by Germany as the Greeks are locked into low interest rate repayments. As global inflation continues the debt to GDP ratio falls. Meanwhile the people of Greece continue to struggle…
Bravo!
I fail to understand how this is news for Greece more than it is news for the US treasuries’ performance. To compare, this is the same graph with EU average included: [https://imgur.com/a/QNUwV2G](https://imgur.com/a/QNUwV2G)
And here you can compare the whole Europe [https://tradingeconomics.com/bonds/geomap/europe](https://tradingeconomics.com/bonds/geomap/europe)
US treasury yields went up the past months after Japan and Canada started mass selling bonds to leverage Trump away from tariffs. How is this relevant to a european sub?