They don't have a clue
A seasoned Greek economist frequently says that the Greek economy is very shallow and with one or two good investments it could recover.
I remembered this as I read about the country's largest investment - on the site of the former Athens airport at Elliniko - and the fact that construction work could begin next Easter, even though the project had been signed and approved back in 2014 by the Samaras-Venizelos government. In other words, bulldozers will get to work - if and when local SYRIZA offices allow it - with a delay of 4.5 years.
So in a country which has lost a quarter of its gross domestic product in a decade and is struggling to attract investments, those in power are snubbing a mammoth project.
According to the Foundation for Economic and Industrial Research (IOBE), the investment would create 90,000 new jobs, increase national income by at least 2.5...
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