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Greek Economy

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swedebasher:
VAT hiked to 21%, huge increases on alcohol and tobacco, yada yada.

tonyco1:
Not good for us then!!

swedebasher:
Sure isn't, and the locals have another 3 day strike lined up. With the £/euro sinking down to less than 1.07 looks as if this year's jollies are going to be a tad hard. For the moment the measures seem to have calmed the money markets as the latest Greek bonds all sold yesterday.

tonyco1:
When you say the locals - is the the Greek public services lot?

swedebasher:
I guess so, and that means a big chunk of the populace at work.

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