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Tag Archives: WEF

Greece’s shadow economy is 21.5% of GDP, says German IAW

Some countries have much larger shadow or unofficial economies than others. Greece’s shadow economy is worth over a fifth of its total output, and Italy’s isn’t far behind, says a research by German IAW. However, the chart refers only to selected industrialized countries. And Germany is not doing much better… …

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Davos Topless Protest – 3 Ukranian Women Detained

Three topless Ukrainian protesters, members of the Femen movement,  were detained Saturday while trying to break into an invitation-only gathering of international CEOs and political leaders to call attention to the needs of the world’s poor. Separately, demonstrators from the Occupy movement marched to the edge of the gathering. After …

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Greece falls 12 positions in WEF Global Competitiveness list

We knew it and now it is official! Greece is not doing well in terms of competitiveness.  According to latest World Economic Forum “Global Competitiveness” report, Greece fell to 83rd place from 71st in the year 2009-2010. We are behind Bulgaria (71st), Namimbia (74th) and fellow debt-driven Ireland (29th). We are …

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