Greece falls to 83rd place in global competitiveness report, WEF

Greece fell to the 83rd place in the global competitiveness index of the World Economic Forum this year, down from 71st in 2009, reflecting a worsening of the macro-economic environment in the country.
A WEF report stated that the worsening macro-economic environment combined with the “poor” operation of institutions and low-market efficiency pushed Greece lower in the global competitiveness list, at the bottom of the list amongst EU-27 states.

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