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In ruins of Greek economy, factories turn to exports to grow


Nikolaos Bakatselos, chief executive of Pyramis, one of Greece?s last surviving stainless steel sink makers, says he can hardly keep up with new orders. But fewer than ever are going into Greek kitchens. After seven years of one of the deepest recessions seen in modern times, Greek factories are beginning to hum again, as falling wages cut production costs and a recovery in the eurozone makes one of its weakest members competitive again ? internationally, at least.
Source: Latest News

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