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The Labours of Austerity; Greece's Economic Woes
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 399 no. 8728 (Apr. 2011)
,
page 72-74.
Topik:
Crisis
;
International Rescue Funds
;
Public Finances
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.65
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
When the ancient Greeks invented the word "crisis" they had in mind a short period of acute stress. The modern Greeks have been experiencing crisis for over a year and no end is in sight. As Portugal this week joined Ireland and Greece in requesting international rescue funds, it would have drawn little comfort from the example in the eastern Mediterranean. The mood in Greece is one of deepening pessimism. A plan drawn up last May to sort out the country's public finances risks trapping the economy instead. At Syntagma, the Athenian square opposite the parliament, taxi-drivers picking up fares report falls of 40% or more in custom. Bar-owners in nearby streets hassle tourists to fill seats in near-empty restaurants. In smart Kolonaki, streets are scarred by the boarded-up premises of failed shops. Tourists snap away at the Parthenon on the Acropolis but the city's prime attraction is hardly teeming. Nine hotels in the centre have closed in recent months.
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