Examples of using Internal devaluation in English and their translations into Greek
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This means internal devaluation.
Internal devaluation has failed.
Austerity and internal devaluation.
Internal devaluation tends to lead to a humanitarian crisis.
And the policy of enforced internal devaluation.
Internal devaluation is therefore synonymous with decreased wages.
Living standards will be reduced by internal devaluation.
Internal devaluation and recession are Europe's recipe for Greece.
A debtor state may tire of internal devaluation.
So internal devaluation worsens the private sector's debt problems.
The program places too much emphasis on internal devaluation.
This program included internal devaluation and fiscal consolidation.
The only remaining option was that of internal devaluation.
The combination of internal devaluation unavoidable and avoidable fiscal tightening led to a dead end.
The periphery is getting crushed by internal devaluation and austerity.
Internal devaluation- lowering domestic wages and prices- is no substitute for exchange-rate flexibility.
What is promoted is Greece's internal devaluation within the eurozone.
Spain now faces several years more of austerity and internal devaluation.
One reason why internal devaluation was expected to work was the belief that the labour market is particularly flexible.
This would greatly encourage challengers to Austerity and internal devaluation elsewhere.
According to the European internal devaluation philosophy, austerity reduces aggregate demand and pushes up unemployment.
This would greatly encourage challengers to Austerity and internal devaluation elsewhere.
Restoring competitiveness by way of internal devaluation has proved to be a difficult undertaking with very few successes.
That is, to reduce their government spending drastically by so-called internal devaluation.
The feedback loops between internal devaluation, deleveraging, and the weakening external outlook have made fiscal adjustment more difficult.
This would greatly encourage challengers to Austerity and internal devaluation elsewhere.
In the early 2000s,they paid through internal devaluation- reductions in real wages, unemployment and labour market reforms.
And in the name of competitiveness,the pursued strategy sought internal devaluation of labor costs.
In absence of national currencies, internal devaluation is a key strategy for adjustment of price levels within a currency union.
But that came much later, toward the end of 2010, andwhen it came, the internal devaluation stopped almost immediately.