CAPTAIN FANTASTIC
Well-Known Member
Greece will bounce back again as always. Many forget that Greece, together with other Med countries, supported euro-land for a number of years with annual growth of above 8%.
However, Greece is a small economy with relatively small and simple infrastructure and when things go bad, countries like Portugal, Ireland, Greece and to certain extend Spain, can have quick and dramatic effect on their economy.
Greeks have been a very homogeneous society up to very recently; the influx of refugees and others from the ex-soviet union countries has not helped the infrastructure and has created a black economy.
Amazing how quick and eager people are to criticise the nation that has kept the south east gates of Europe safe and good in every way for many many years.
However, Greece is a small economy with relatively small and simple infrastructure and when things go bad, countries like Portugal, Ireland, Greece and to certain extend Spain, can have quick and dramatic effect on their economy.
Greeks have been a very homogeneous society up to very recently; the influx of refugees and others from the ex-soviet union countries has not helped the infrastructure and has created a black economy.
Amazing how quick and eager people are to criticise the nation that has kept the south east gates of Europe safe and good in every way for many many years.