Economist : `` It 's difficult to see this turning around the Greek economy anytime soon '' and it will take a lot of time for Greece to get back on its feet. Greece approved an austerity pact this month , leading to riots .
Economist : `` It 's difficult to see this turning around the Greek economy anytime soon '' Greece is trying to cut debt to 121 % of GDP , down from 160 % . Greece approved an austerity pact this month , leading to riots .