Re:The average Greek is working a full 40% longer than the a...
by muyuu on Monday May 14, 2012 @07:55AM
(#3970573)
Yep, they pretty much control the rates.
This is not "a few years back" - this clusterfuck has been brewing since year 2000 with the euribor. At that point several countries needed high rates to stop their overheating borrowing and they were given a shower of petrol to stop their fires.
This is not "a few years back" - this clusterfuck has been brewing since year 2000 with the euribor. At that point several countries needed high rates to stop their overheating borrowing and they were given a shower of petrol to stop their fires.