Missteps and delays Greece had to remain in an adjustment programme for eight years, unlike Cyprus, Ireland and Portugal, that completed their respective programmes much earlier, despite having entered these programmes later than Greece. Moreover, despite the implementation of three economic adjustment programmes over the past eight years, Greece has still not managed to return to international financial markets on sustainable terms.
It drew up supplementary budgets of 6.3 billion dollars(7.5 trillion won) in all during this year. Prospects of Korean economy for the next year Looking ahead, as the effects of this pump-priming policy become evident and the world economy, notably that of the United States, continues to show clear signs of recovery, we expect a gradual improvement in the Korean economy.