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Why Is Greece Worse Than The Eurozone?

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Why Is Greece Worse Than The Eurozone?
Greece presents a situation worse than the Eurozone and the PIIS. It shows very high unemployment rate together with a low labor productivity. All this leads to a probable situation of poverty or social exclusion relatively bad. Gross savings are very bad and so is the disposable income. This together means that population have very low purchasing power and no considerable deposits in their bank accounts. The inflation rate is below the annual 2% expected by the Eurozone. Exports are also very low, which is in part justified by the low labor productivity. Due to the difficult situation through which the country is facing, the direct investment is very bad. The stability of the government as well as the government debt are in a very poor situation.

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