Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Price of gas, yes. That gets more expensive.

Frankly, Greece and especially Athens could stand a revamp on that score since there are far too many cars on the road.

But food?

Greece went from 20% imports to 80% in a decade. Greece is the largest importer of French beef, and 15 years ago, Greeks were not beef eaters at all (relatively). In other words, the dynamic has very quickly changed Greek eating habits as well as Greek agriculture. Greece would revert in any devaluation.

Oil is a big concern, of course.

by Upstate NY on Tue Feb 21st, 2012 at 10:10:26 AM EST
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