Category: Debt

The Greek government debt crisis was the sovereign debt crisis faced by Greece within the aftermath of the financial crisis of 200708. Widely known within the country because the crisis, it reached the populace as a series of sudden reforms and austerity measures that led to impoverishment and loss of income and property, furthermore as…

Debt consolidation is recognized as a wide range of financial strategies to help people accomplish their crushing debt. But in reality, these strategies can be quite diverse with different penalties. The true debt consolidation into mortgages is a good way out for many people fronting large debt. If you are in debt, you may discover…

The Greek Debt Crisis was caused by both internal and external factors. The heavy government spending such as the workers being entitled to an additional months pay in December to help with the holiday expenses, lead to dramatic increase in borrowing requirements and high levels of accumulated public debt. Due to low productivity, gradually reducing…

Pakistan have always been patriotic and emotional nation when it comes to national security and sovereignty despite of that how come Pakistan got hurt and lost its significant part in 1971; well many expert suggests that it happened mainly because of lack of political awareness among the public of that time reasoning less advanced source…

Human trafficking involves the coercion, force and manipulation to obtain cheap or free physical or domestic labor, the procurement of organs or commercial sexual acts from men, women and children. Today, human trafficking is held to be modern-day slavery as the movement of persons between countries has become more prevalent and increasingly, persons are trapped…

Public expenditure by government to offer services and social amenities and development programs is aimed at improving the overall welfare of the state. However, scarcity of resources results to government relying on borrowing publicly to augment the existing budget. From economic analysis, a unit increase in public expenditure by government increases the GDP of an…