The Greek central banker has talked about it (the drachma), saying they would, in effect lose 60-70% on the changeover.
This is a good indication that Greek wages and public service need to lose 60-70% to get back to reality.
- Forums
- ASX - General
- australia to contribute up to $500bn to imf
australia to contribute up to $500bn to imf, page-37
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online