In the present scientific research is analyzed the economic situation of Greece and the problems of its economic growth and development. The causes of the Greek crisis are not only the financial problems of the world economy that occurred in 2007 , but they date back to 90s - of the 20th century , when was decided that the euro would be introduced in the Member States . Greece is a country that for years before the crisis was characterized by lack of fiscal discipline , a high level of tax evasion , and extra large and inefficient public sector . All this points to the huge structural problems. They had to meet certain requirements so that member states could use the euro as its official currency in the country , they had to meet certain requirements . Problems emerged when it came time to introduce the euro , and some Member States have not met all of these requirements . A further problem was the imprecise definition of the conditions of entry into the eurozone , because the conditions are defined as needed . Through this work were analyzed the movement of GDP per capita , real GDP growth rates , public debt and other macroeconomic indicators pointing to considerable instability of the Greek economy . It will take years until the economy of Greece is able to identify with all other EU members.