Greece should learn from Indonesia’s Experience in the 1998 Asian Financial Crisis

Under the premiership of Alex Tsipras, Greece’s economy is going nowhere. Until now, Greece’s debt has reached 180.2% of its GDP.  According to IMF (International Monetary Fund), Greece needs an additional €60 billion euros to sustain their economy, while they have more than €300 billion in debt. Not only that, they need at least €7 billion to avoid a default on July 20. If they are not careful with this, the phenomenon of Grexit will finally be happened.