Greece’s port in a storm: anger as Syriza stops China extending hold on Piraeus
The fall-out of the election victory of the left wing Syriza party in Greece continues, ...
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It is going to take some time to understand the real ramifications of the result of last weekend’s Greek elections, but here’s an interesting hypothesis: rather than profligate Greek public spending being behind its sovereign debt problems and acting as the seed for the Eurozone crisis, the root cause is actually Germany’s addiction to its export economy. According to this analysis, Europe’s largest economy exports around 50% of GDP, a level that is supported only by its membership of the ...
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