Posts Tagged ‘euro zone’

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    A New Greek (Economic) Fuel: Olive Oil

    Oct 26, 12 • 2133 Views • No Comments

    The Greek government needs its newest bailout infusion. But in return, austerity would include (among many other requirements) cutting certain civil servants’ salaries by as much as 35%, raising the retirement age again but this time to 67, and......  [read more]

  • euro zone map

    Luxembourg Yogurt?

    Oct 13, 12 • 368 Views • No Comments

    For this Greece update, some past and current information… Soon after the euro was launched on January 1, 2002, a €76,000 bank heist near Athens became the first major euro robbery. Near Athens also, with the new currency launch, it took 3 staff......  [read more]

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    Aspirin for the Euro Zone?

    May 8, 12 • 445 Views • No Comments

    Tomorrow is Euro Day and it reminds me of aspirin. On May 9, 62 years ago, the French foreign minister proposed a limited economic partnership with West Germany. By the time the treaty was signed in 1951, the Netherlands, Luxembourg, Belgium and Italy had......  [read more]

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    Who Is Unemployed?

    Mar 2, 12 • 440 Views • Comments Off on Who Is Unemployed?

    Does an unemployment rate of 8.3% mean we have 8.3% unemployment? Not necessarily. Using what Abbott and Costello might have said, a Huffington Post journalist explains why. Costello: I want to talk about the unemployment rate in America. Abbott: Good......  [read more]

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    Doing Business in Greece

    Feb 18, 12 • 398 Views • No Comments

    Sometimes getting 100 is not the best grade. In the World Bank’s Ease of Doing Business Index, 183 nations are ranked in terms of the friendliness of their regulatory environment. Greece is #100. One feta cheese maker complained to The Economist last......  [read more]