To be fair, the ECB has been saying as much. Portugal, Spain, Italy and Greece have needed to make structural changes to their labor markets, pension benefits, and tax and regulatory systems for years. Unfortunately, their voters prefer things like screaming at Macedonia about what it calls itself [1].
To be fair, the ECB has been saying as much. Portugal, Spain, Italy and Greece have needed to make structural changes to their labor markets, pension benefits, and tax and regulatory systems for years. Unfortunately, their voters prefer things like screaming at Macedonia about what it calls itself [1].
[1] https://www.theguardian.com/world/2018/jun/17/macedonia-gree...