Didn't they know that before the Chancellor announced the changes the day before to the nation during his budget speech. Did he have an epiphany during the night, or was he leaned on by backbenchers and "friends" of the Conservative party.
I don't mind speculation to be fair.
Oh and by the way the answer to the question i posed you was Great Britain but i was wrong. We are not second to Greece. Both countries have seen a 10.4% fall on the value in real terms of wages over the last decade. So we are akin to country who is bankrupt.
Go figure eh.
The Greek economy was never ready to join the Euro in 2000. It was only due to Goldman Sachs fiddling the books that let them qualify for membership of the Euro. They had artificial higher pay rates thanks to joining the Euro at a totally unrealistic conversion rate. This made the Greeks feel rich, which they weren't. So don't confuse a 10% fall in terms of wages in the UK with that of Greece where many did not pay their correct Income Tax. I'm not going to even research your figures which will probably be lies anyway. As Sam Clemens said. " There are lies, dam lies and statistics."
The last time I visited Greece was in 1997, and even then the price's they were charging in Tavernas ect was ridiculous. Ffs many of the Tavernas close to my Hotel didn't even have flushing toilets but Greece wanted to be classified like a European Country like Britain and Germany, and charge accordingly. With regard to charging, a similar situation existed in Malta 2003. That was my last visit there too. If countries want to charge Western European price's they have to provide Western European standards.