GreenPeace wrote:I think this has most to do with the labour market in Cyprus. It’s not only about being “cheap(er)”, but also real competitiveness of the work force, i.e., skill level, willingness to work, work ethics, performance….
Finding a solution is a challenge to the/any government. Of course it’s easy to put the blame on others, but what has your government done to vitalize the economy? Since one member mentioned China, I think China is a good example of how communist government should learn to steer capitalist/market economy. Look, China has developed from an economic nobody 35 years ago to today's 2nd largest economy in the world – and nobody can say low labour cost is the sole success factor.
You are not making any sense mate...
This is primarily an internal problem.
And China is not a communist country, but a prime example of capitalism.
Cyprus needs a change towards national socialism like other countries are doing in north Europe.