Eurobank – Greek Government Doing The Exact Wrong Thing For Recovery

In Euro2Day there is a piece from Eurobank. Basically the article outlines the Greek government’s claimed goal of increasing exports is just talk.

If the Greek government were serious about increasing exports then they should treat VAT refunds to exporters as a top priority says Eurobank.

Eurobank – Greek government should view exporters as more important than public sector – Image Source: http://www.euro2day.gr/news/economy/124/articles/756326/Article.aspx

However Eurobank claim that the Greek government seems to be more interested in making overdue payments to public sector employees than it is to the exporters who bring the money for the public sector wages into the economy in the first place.

A refreshing piece as is usually the case with articles from Eurobank. I am not sure if Eurobank receives assistance from the Greek taxpayer but whatever the case may be some of the reports Eurobank comes out with strike me as frank, serious, and realistic which makes a change from some of the other reports you see coming out of other banks in Greece.

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