In Athens, everybody has a story about how easy it was to borrow money after Greece joined the euro and interest rates plummeted. On today's Planet Money, Chana Joffe-Walt brings back a few of those tales.
Her cab driver upgraded from a Toyota to a Mercedes. Paul Emmanuelides, who owned a couple bars, borrowed 7 million euros to build an industrial brewery. People borrowed money to go on vacation -- then refinanced the loans. "It was like manna from heaven," one lady says.
Where did all the money...
www.npr.org/planetmoney?ft=2&f=510289
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