Thursday 18 January 2018

Greek gifts

• Last year I visited the Cordoba area of Spain, where I went to look at a factory in what is regarded as a furniture manufacturing centre of excellence -- or so it used to be.

The majority of factories have closed down because employment costs were too high and it is cheaper to manufacture in Asia.

This loss of industry to Asia is one of the reasons there is a 20pc unemployment rate in Spain.

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