exports
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Greece΄s export perspectives
Internal devaluation was supposed to make Greece cheaper (sorry: more competitive) so that exports would increase. Now a Grexit is no longer being ruled out which would really make Greek…
The troika got it wrong (again) according to IMF analysts: huge wage cuts in Greece but few competitiveness gains
According to an analysis produced by IMF researchers, drastic wage cuts in Greece have failed to improve competitiveness and contributed to a fall in productivity as domestic demand collapsed.
Press Review March 18: Deal or near deal
The government and the troika get close to a deal; a Swiss-Greek banker tied to the arms procurement bribes disappears; a strong euro threatens a Greek recovery; Giagia Sabria becomes…
As Greek steelworks face extinction, Europe rejects last ditch attempt to reduce energy costs
An 85% drop in domestic demand since the beginning of the crisis has left Greek steelmakers reeling while energy costs far higher than those faced by European competitors prevent the…
Press Review January 8
As EU presidency begins, demonstrations are forbidden in Athens; fears increase that old and new terrorists are joining forces after escape of imprisoned November 17 member, the €25 fee for…
FT: Greece’s lead in fishing slips through the net
As if years of economic and financial turmoil were not enough, Greece has lost its crown as the world’s biggest producer of sea bass and bream – to Turkey. A…