| Online: | |
| Visits: | |
| Stories: |
| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
IMF strikes back with same old joke: 2% wages decrease for PIIGS to boost competitiveness
Friday, November 20, 2015 4:31
% of readers think this story is Fact. Add your two cents.
You certainly know the old IMF joke: “Greece needs to boost its competitiveness via wage decreases.” Managing Director Christine Lagarde said it x times in 2011 and 2012 and 2013 but she stopped telling it around after wages dropped by 40% in Greece and Greeks were not able to laugh […]
Source: http://www.keeptalkinggreece.com/2015/11/20/imf-strikes-back-with-same-old-joke-2-wages-decrease-for-piigs-to-boost-competitiveness/
