31 ms·
Compare to: Greece.
by ptaipale 10y ago
Compare to: Greece.
- paganel 10y agoGreece could have had it way, way worse. Ask the Argentinians, ask the Bulgarians who lived through the 1990s (I remember some of them passing the border to us (I'm from Romania) in order to sell whatever they had around the house just to have that extra cash that would pay the bills), ask us, Romanians, ask the Russians who lived through the inflation of the early '90s. You'd get only one answer: If you think things can't get worse than a certain point then you're wrong.
- kinkdr 10y agoNo matter how bad Greece is now, can you say with certainty that it would be better if it wasn't in the EU or Euro? I personally doubt it. It is still much better than its neighbors.
- ptaipale 10y agoI think EU membership is very good for Greece, euro membership not.
- lisivka 10y agoWhy? Why stable currency is bad for Greece?
- ptaipale 10y agoBecause they would desperately need to float its value down to regain competitiveness. Now they can only do it by lowering wages through massive unemployment, civil unrest and layoffs in public sector. This is not limited to Greece, of course.