Another normal day at the Hellenic Statistical Authority.Read the rest here.
We learn that:
Greece's manufacturing output contracted by 15.5pc in December from a year earlier.
Industrial output fell 11.3pc, compared to minus 7.8pc in November.
Unemployment jumped to 20.9pc in November, up from 18.2pc a month earlier.
I have little further to add. This is what a death spiral looks like.
Confessing God
19 hours ago
1 comment:
Greece is being made an example for anyone else who may be resisting the full political integration of Europe into one State with "shared sovereignty." Yeah, right.
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