 |
| READ THE ORIGINAL POST AT www.economonitor.com |
How the world sees Greece
Thursday, January 2, 2014
Privatizations and Debt : Lessons From The Greek Fiasco
EconoMonitor (blog)Privatizations and Debt : Lessons From The Greek FiascoEconoMonitor (blog)Greek revenues come from two sources: one (Tourism) generates €74 for sure, and one (say, the port of Piraeus) yields, on average, 20€. Since the value of total (expected) revenues (€94 ) falls short of debt coming due, Greece is insolvent, and its ...
