- Words: 3410
- Length: 11 Pages
- Topic: Economics
- Paper #: 71894357
2004-2010: The Building of a Crisis
Greece's admittance into the Eurozone had its skeptics at the time it happened, and the controversy increased with the admission in 2004 that the deficit figure was fudged in order to allow Greece to join the exchange rate mechanism on January 1, 2000, which was key to the country being allowed to use the Euro when the currency was first introduced on January 1, 2002.