Wir haben auch Familie

But do our Greek debtors?

But do our Greek debtors?

In return, writes Dalrymple,

for yet another pretence that its debt is performing and does not have to be written off,

Greece’s creditors are demanding that the country’s shops open for Sunday trading. Dalrymple points out that such trading is forbidden in Germany, and comments:

I have not noticed that the prohibition has had too devastating an effect on Germany’s prosperity.

Anything that Greek shops sell will moreover be subject to 23% value-added tax —

hardly an incentive to buyers.

Besides,

the problem for Greeks is not that they do not have enough opportunities to buy, it is that they do not have the money with which to buy.

Advertisements
Post a comment or leave a trackback: Trackback URL.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: