Houston we (still) have a problem…

Not very promising predictions for the Greek Economy I’m afraid. The Greek finance minister, George Papakonstantinou did not raise many hopes by admitting that the Greek economy will ‘shrink by up to 3%‘. I look forward to his speech to be delivered at LSE next Monday, 8th November. I am curious to find out how he will address the future prospects for the country, the need for further structural reforms…the problem so far is that Greece plays nicely with the terms, preferring reformed structures rather than structural reforms…..

to be continued…

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