Recently Released Market Study: Greece Autos Report Q3 2012
Latest economic data and developments in the autos industry paint a very bleak picture for prospects of any recovery in the autos segment in Greece. On the one hand, the economy contracted by 7.5% year-onyear (y-o-y) in the last quarter of 2011 (accelerating from 5.0% in Q311). On the other, the government announced, in May 2012, an amendment calling for the deregulation of taxis and tour buses in the cities of Athens and Thessaloniki. The major impact of this regulation...
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