Posts Tagged ‘Greece’

  • euro zone map

    A New Greek (Economic) Fuel: Olive Oil

    Oct 26, 12 • 1194 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 • 220 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]

  • Video Game Economics

    Oct 10, 12 • 326 Views • No Comments

    Sometimes a virtual world can show us some economic reality. Here is the story: There once was a Greek economist who, for many years, happily wrote papers and taught classes, in (he said) his “academic cocoon.” However, as the euro-zone calamity...  [read more]

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    Who Works the Hardest in the Euro Zone?

    Sep 30, 12 • 300 Views • No Comments

    I just discovered a surprising statistic. In the euro zone, judged by hours per week, the Germans are not nearly the hardest workers. Instead Greece, with an average of 42.1 hours is close to the top of the list. By contrast, for 2011, the average German...  [read more]

  • soccer ball

    More Greek-German Humor

    Sep 21, 12 • 259 Views • No Comments

    This Monty Python Greek-German soccer match is wonderful. Thinking of the euro zone, perhaps it also says something about each country’s personality. Sources and Resources: The Monty Python video was from YouTube, here....  [read more]