Quem diz Grécia diz Portugal

Interessante. Fácil de perceber e um tanto aterrador. Greek debt crisis: they key questions answered.

Q: Greece has already received a rescue package, so why is there still a crisis?

Greece was handed a €110bn (£95bn) bailout deal just over a year ago. That was agreed after the financial markets lost faith in the country's ability to repay its debts, forcing European leaders and the International Monetary Fund (IMF) to step in and guarantee funding for the next few years. In return, Greece committed to wide-ranging public-sector cutbacks to bring its deficit into line.

But, just a year on, the picture has turned bleak: the austerity programme has hurt economic growth and sent unemployment up sharply. Greece has missed some of the financial targets agreed in return for the bailout, triggering another round of cuts.