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Finance Others

The Historic Downfall of an Economy: The Greek Debt-Crisis

The Beginning  On January 1, 1981, Greece had joined the European Union with a debt-to-GDP ratio of 28% and a budget deficit of 3%, in other words as a somewhat perfect economy.  At this point, there were two main political parties, the NDP and the PASOK, both of which were founded in the year 1974. […]

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International Politics

China’s Voyage: From an Overpopulated Country to an Economic Hub

What the world knows of China is completely different from what we would have seen just a few decades, precisely 4 decades ago. China, which is now a consolidated country on the map, has seen various phases from ancient china to imperial china to a now modern China and this is surely a  major transformation. […]

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Finance National Politics

Union Budget 2021

The budget, on 01st February 2021 was introduced in the parliament. Finance Minister Nirmala Sitharaman had promised a 2021 Budget like “never before”, with the aim of making India the epicentre of global growth. 100 years of India wouldn’t have seen a Budget being made post-pandemic like this”, she said. She stated that the Government […]