In Greece, a Brewer’s Dream Runs Into Frustration

Statism:

In Greece, a Brewer’s Dream Runs Into Frustration - NYTimes.com: "The cost of labor in Greece from 2005 to 2010 has been, on average, 25 percent higher than in Germany, according to a recent analysis by Variant Perception, a research firm based in London. (Ireland, Portugal and Spain also have relatively high labor costs.) Quite simply, Greece has had trouble producing goods and services that people want to buy — a result being a persistently high trade deficit that even now, amid the deepest of recessions, has hardly budged."