Greece: New Car Registrations Rising Fast; The Road to Recovery?

Better times (Macropolis)

"The evolution of passenger car registrations is widely perceived as one of the indicators capturing the first signs of a potential change in household consumption".

When I went to the main VW dealership in Corfu last week, there was not a single car in the showroom. Every vehicle had been sold.

But, on the recovery...see Yanis Varoufakis

Checks on tax evasion are not moving quite so fast, it seems (Observing Greece)

UPDATE on new car registrations June 7, 2014, from Macropolis