Comments on: Greece credit rating downgraded by Fitch http://www.financemarkets.co.uk/2010/04/09/greece-credit-rating-downgraded-by-fitch/ Finance News | UK Personal Financial News & Daily Finance Market News Mon, 14 May 2012 17:44:18 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Alex http://www.financemarkets.co.uk/2010/04/09/greece-credit-rating-downgraded-by-fitch/comment-page-1/#comment-17432 Alex Sat, 10 Apr 2010 14:05:34 +0000 http://www.financemarkets.co.uk/?p=18143#comment-17432 The Greek economy is completely closed to competition and the corruption is out of control for the Greek government. Even now with those economical circumstances the government pleases working classes that they actually don't contribute to the Greek economy and they don't increase domestic competition. Examples: All the packages for economic growth from EU go to specific pockets with political power. New governmental working class that is called Energy Efficiency Building Engineers and they provide visual inspection bureaucracy for the buildings, with no special equipment and is mandatory from the government with fix price per square meter. The government increased the price of the energy unit that is produced by wind turbines as only a few Greek companies can invest into that with major political connections & power and decreased the price of the energy unit of solar panels. And the usual are, transport services, health-care services, law services, etc. The Greek economy is completely closed to competition and the corruption is out of control for the Greek government. Even now with those economical circumstances the government pleases working classes that they actually don’t contribute to the Greek economy and they don’t increase domestic competition.

Examples:
All the packages for economic growth from EU go to specific pockets with political power.

New governmental working class that is called Energy Efficiency Building Engineers and they provide visual inspection bureaucracy for the buildings, with no special equipment and is mandatory from the government with fix price per square meter.

The government increased the price of the energy unit that is produced by wind turbines as only a few Greek companies can invest into that with major political connections & power and decreased the price of the energy unit of solar panels.

And the usual are, transport services, health-care services, law services, etc.

]]>