Amid the rancor over its debt restructuring efforts, it is important to remember just how bad things are in Greece.
The government today (April 9) will make a €458 million euros ($496 million) interest payment to the International Monetary Fund, or so it has assured IMF chair Christine Lagarde. Greece also reported its January unemployment rate, which stands at 25.7%. That’s a slight decrease from December, but the 31st consecutive month that the figure has been higher than 25%.
