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Business, 19.07.2021 16:30 JeroMii

Trade accounts for almost 2/3 of the Greek economy. Suppose the Greek government estimates that a 20% real depreciation is needed to stimulate the economy out of the current weak recovery. If the Eurozone inflation rate is 2%, how much inflation does Greece need for this to happen, assuming it remains on the Euro?

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Trade accounts for almost 2/3 of the Greek economy. Suppose the Greek government estimates that a 20...

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