Greece financial crisis: 'The EU has made mistakes' amid fears of TRIPLE-DIP recession | WHAT REALLY HAPPENED


Greece financial crisis: 'The EU has made mistakes' amid fears of TRIPLE-DIP recession

As Greece prepares to stand on its feet again after eight years of turmoil a leading academic says that although the worst is over, the chance of a triple-dip recession remains real.

Dr Ioannis Oikonomou, associate professor in finance at Henley Business School who has taught many subjects to JP Morgan, Goldman Sachs and Bank of America Merrill Lynch, warned the EU has made mistakes in tackling the Greek debt crisis and the fallout has changed the landscape of the EU with the bloc’s citizens hitting out over repeated bailouts.

But Dr Oikonomou said there are indications that things are picking up, as he puts it, “a bit.”

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