Y
Hacker News
new
|
ask
|
show
|
jobs
by
lisivka
3645 days ago
Why? Why stable currency is bad for Greece?
1 comments
ptaipale
3645 days ago
Because they would desperately need to float its value down to regain competitiveness. Now they can only do it by lowering wages through massive unemployment, civil unrest and layoffs in public sector.
This is not limited to Greece, of course.
link
This is not limited to Greece, of course.