Greece has finally agreed a deal with its lenders to enable the latest bailout to go ahead. But what actually caused the crisis in the first place and how can the country avoid repeating the mistakes of the past?
The Greek sovereign debt crisis has captured the attention of the world, both for what it says about the viability of the euro and the EU integration project, but also for the warning signs it sends about governance and public finances. In the US, politicians on both the Right and the Left are using Greece as an example of how bad management of the public finances can lead to economic catastrophe.
