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Well, just saying, but "no growth" hasn't really been working out for Greece lately.
by randomname2 11y ago
Well, just saying, but "no growth" hasn't really been working out for Greece lately.
- toomuchtodo 11y agoAhh, forgive me. I had thought it was their crushing debt payments that are impossible to service thats causing their economic hardships. Greece will be in a much better position as soon as it exits the Euro.
- seanflyon 11y ago> crushing debt payments Growth helps a lot with that problem.
- toomuchtodo 11y agoWhat industry would you suggest Greece grow its way out of debt with besides possibly tourism?
- seanflyon 11y agoI'm assuming that Greece has a fair share of intelligent adults capable of being productive.
- the_why_of_y 11y ago... and the problem isn't that Greece has experienced no growth, the problem is that Greece has negative 25% GDP growth since 2008. http://countryeconomy.com/gdp/greece http://countryeconomy.com/gdp/greece Of course the debt-to-GDP ratio went up accordingly.