In an article published by the Chinese news agency Xinhua five years after former Greek Prime Minister George Papandreou asked for tha activation of the bailout mechanism on 23 April 2010, it sees the national economy of the country still struggling. As Xinhua reports, ‘after two bailouts, a haircut, prolonged recession, sacrifices and suffering as well as seismic changes in the political system which led to five governments in five years, Greece has made progress steps, but seems to still have a long way ahead to return to stability and growth’.
