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Greece's 'Potato Movement' Grows in Power

Greece's 'Potato Movement' Grows in Power

John Psaropoulos

Athens, Greece - When an economy shrinks, prices are meant to go down in response to falling demand. This has not happened in Greece - at least not yet. While the Greek economy shrank by an average of five per cent a year between 2009 and 2011, consumer prices rose by an average 3.7 per cent a year. The combination of falling revenues and rising prices has led to an explosive political mix.