April

CNBC  Television

12 April 2010

Greece’s Problem Is it Is Uncompetitive

“Europeans think that the problem in Greece is caused by it having a large amount of debt. They think that the problem will be resolved if the debt gets smaller,” Roger Nightingale  said Monday. “That’s complete nonsense because, in fact, debt is an issue but it has nothing to do with competitiveness. Europe has a problem of uncompetitiveness. Within the euro zone, Greece is particularly uncompetitive.”

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TV Appearances

See Roger on CNBC here. He discusses Greece's problem of being uncompetitive.