Greek Economic Crisis & Initial Situation (A Decade Ago) - A decade ago, Greece faced a precarious situation marked by a referendum on a bailout package, organized by the Syriza government [1] - Capital controls were introduced, limiting ATM withdrawals to €60 per day [2] - The country was effectively excluded from financial markets for five years, missed IMF payment deadlines, and experienced halted economic activity with high unemployment and daily violent demonstrations [3] - There was uncertainty about Greece's future within the Eurozone [3] Current Economic Turnaround - Greece has experienced a spectacular turnaround, regaining investment grade status for the first time in two years [4] - The country's borrowing costs are now lower than Italy's, despite high debt levels [5] - Economic growth is above the average for Greece's European partners [5] - There has been a marked increase in investment, with companies like Microsoft, Pfizer, and UniCredit investing in Greece [6] - Some Greeks who left the country a decade ago have started to return, encouraged by government tax incentives [6] Challenges & Priorities - The Prime Minister's priority is ensuring everyone benefits from the economic improvement [8] - Greece is one of the few EU countries achieving primary budget surpluses [8] - Increased energy costs following the Russian invasion of Ukraine have significantly impacted the cost of living [9] - Many people still need to hold two jobs to make ends meet [9] - While there's a general feeling that things are better, there's still a way to go [9]

Let's uh move on here. Just about a week away from the reveal of CNBC's top states for business. And while tariff costs have taken center stage this year, we can't forget about the cost of insurance amidst what some are calling a national crisis for that industry.Scott Con joins us with that story. He is in one city that is seeing a spike in costs. Of course, Pacific Palisades in Southern California.Scott, that's right, David. And and the experts are saying, by the way, that tariffs will factor into all of ...

We are just about a week away from revealing America's top states for business for 2025 in CNBC's annual study. Once again this year, the cost of insurance factors into our rankings. Scott Kong joins us from the epicenter of a national crisis in California.Scott, good morning. Melissa, we're in Pacific Palisades. Uh uh 6,800 structures were destroyed here and 12 people died.Uh, still a great deal of destruction, but as you can see, there is some rebuilding going on and critically here in Southern California ...

Real Estate Market Overview - Miami's real estate market is experiencing price levels comparable to New York and Beverly Hills [2] - Waterfront properties are priced around $1,500 per square foot [2] - Properties on Miami Beach range from $3,000 to $4,000 per square foot [2] Miami's Reputation and Culture - Miami has a reputation where people come to showcase their wealth [1] - Driving behavior in Miami is perceived as reckless [1] - Finding a community in Miami can be a wonderful experience [1]

Retirement Destination Analysis - Key West offers attractive retirement benefits like sunsets and ocean breezes [1] - High cost of living in Key West may pose financial challenges for retirees [1]