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But isn't tourism a huge part of their economy... i.e. foreign tourists bringing in foreign currency which would be great when the local currency is low?
by damian2000 14y ago
But isn't tourism a huge part of their economy... i.e. foreign tourists bringing in foreign currency which would be great when the local currency is low?
- jussij 14y agoIt is, but overall their economy is a net importer: Economy of Greece - http://en.wikipedia.org/wiki/Economy_of_Greece http://en.wikipedia.org/wiki/Economy_of_Greece Which is not totally surprising since it's this imbalance of trade that resulted in them running up their massive 'credit card' bill in the first place.