The EU can be a boon for Greece

Author (Person)
Series Title
Series Details 3.9.10
Publication Date 03/09/2010
Content Type

Commentary feature. The author suggests that 'Greece has options. If the country resigns itself to levels of high corruption it will be forced to compete for investment by offering wages that are correspondingly lower, causing a deeper and longer recession. Alternatively, the government can use the EU to make corruption as low and wages as high as in the rest of Europe'.

Related Links
ESO: Background information: The Greek debt crisis of 2010 http://www.europeansources.info/record/the-greek-debt-crisis-key-sources/
ESO: Background information: Greece steps up anti-corruption campaign http://www.europeansources.info/record/greece-steps-up-anti-corruption-campaign/

Countries / Regions