The agreement reached by the Eurogroup in June isn’t perfect, because it doesn’t provide a clear answer to the issue of Greek debt sustainability, but it will enable the economy to stabilise and investment to return.
In Canada, market flexibility allowed for a drop in unemployment and more efficient participation of the labor force in the production process. In fact, Canada, an economy closely linked to that of the United States, has avoided recession, maintaining a well-balanced and strong growth pattern.