Friday 23 September 2011

ECB’s Knot Tells NRC Greece Has Reduce Wages, Production Costs

European Central Bank Governing Council member Klaas Knot said Greece will have to reform its economy to become competitive with the rest of Europe again, NRC Handelsblad reported today, citing an interview. They’ll have to lower wages and cut production costs, Knot was cited as saying by the ...


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