3 ms·
Different perceptions - Greek market was and still largely is heavily regulated and closed. It will take many years for people to adapt to a free-er market. It
by return0 10y ago
Different perceptions - Greek market was and still largely is heavily regulated and closed. It will take many years for people to adapt to a free-er market. It doesn't help that government does not communicate it to people. For example, there was no real property tax in greece. Then after the crisis they instituted an "Emergency tax" on property that they promised "would be just one-off". Of course it became a two-off, 3-off etc. Greek govt. and the electorate have been playing cat and mouse for decades.