From Peter Berkeley:
The crisis has put cash-strapped Greeks on their bikes – once snubbed as a sign of poverty or just plain risky – and Greek manufacturers are shifting into fast gear.
The high cost of road tax, fuel and repairs is forcing Greeks to ditch their cars in huge numbers. According to the government’s statistics office, the number of cars on Greek roads declined by more than 40 percent in each of the last two years. Meanwhile, more than 200,000 bikes were sold in 2011, up about a quarter from the previous year.
