Comments by "Hercules Koutalidis" (@herculeskoutalidis1369) on "Coronabonds: Europe's path to resurgence? | Coronavirus Update" video.
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@lashlarue7924 Greece here. Having the same experience with Italy, I will tell you this. It is not the Eurozone's fault that you have no growth. It is your governments' fault. Look a the other Eurozone countries. There is not only Germany and Italy. Look at Slovenia, Slovakia, Estonia, Latvia and Lithuania. All growing. Estonia and Slovenia have higher purchasing power than Italy! So it's not the Euro's fault. You have some of the highest taxes in the EU! Reduce your taxes! Why would someone invest to a company, if they know the state will take 70% of their income in taxes? Would you risk this investment? I would not. I would rather have a low paying job! Reduce your taxes. Nobody in europe devalues their currency.. Poland, CZ, Hungary, Sweden,Denmark, Romania, Bulgaria. Noone dvalues their currency. We in Greece did that in the 90s. Devaluing gives the incentives to your business people NOT to try HARD to make their products better. REDUCE. YOUR.TAXES!
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