Greece set to exit bailout: How crises, bailouts have changed its economy

Economic slump pushed up unemployment, left Greeks poorer

Greece is about to exit its bailout, a symbolic move past the debt crisis that exploded eight years ago and transformed the country’s economy and the lives of its people.

At the time of the May 2010 aid package -- the first of three -- politicians from euro-area creditor countries argued the crisis was the result of chronic fiscal and economic indiscipline. To justify breaching a “no bailout clause,” loans were tied to strict conditions covering everything from government spending to public administration and justice.

So how has Greece performed?

Economic hit

While Greece’s crash rippled far beyond the borders