Heritage Foundation Index of Economic Freedom: Griechenland mit höchsten Rückgang

Greece’s economic freedom score is 60.3, making its economy the 88th freest in the 2011 Index. Its score is 2.4 points lower than last year, reflecting declines in four of the 10 economic freedoms, including freedom from corruption. Greece is ranked 37th out of 43 countries in the Europe region and recorded one of the largest declines in the 2011 Index.

Greece’s 2010 sovereign debt crisis was sparked by decades of overspending and mismanagement of public finance. With the public sector accounting for more than 40 percent of GDP, Greece continues to confront the dual challenges of a daunting debt burden and severe erosion of competitiveness.

Serious challenges remain in such areas as government spending and labor freedom. The fiscal deficit is over 13 percent of GDP, while public debt exceeds 115 percent of GDP. The lack of competitiveness and fading business confidence are serious impediments to economic revival. The Greek economy, stifled by powerful public unions, does not support entrepreneurship. The rigid labor market impedes productivity and job growth. Corruption continues to be a problem.


Rangliste der Region laut der Heritage Foundation in Zusammenarbeit mit dem Wall Street Journal:
Link: http://www.heritage.org/Index/ranking

1.Hong Kong 0.0
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.
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55. Makedonien +0.3
60. Bulgarien +2.6
63. Rumänien +0.5
66. Slowenien -0.1
67. Türkei +0.4
70. Albanien -2.0
82. Kroatien +1.9
88. Griechenland -2.4
101. Serbien +1.1
104. Bosnien-H. +1.3
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179. Nord Korea 0.0

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