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>analysts said new instability could reappear if Greece cannot carry out structural reforms demanded by its lenders. The sad thing is that this is basically un
by tormeh 11y ago
>analysts said new instability could reappear if Greece cannot carry out structural reforms demanded by its lenders.
The sad thing is that this is basically unavoidable. The Greek bureaucracy is so corrupt it's outside the reach of the central government. Greek politicians couldn't change the system if they tried, which they won't, since they too are corrupt.
The orderly countries that are Greece's creditors have limited understanding of the Greek government's thorough corruption, or at least that was once true; now I think they are just kicking the can down the road until the next election. Some day we will have to write off Greece's debt. The Greek government will never pay back, unless they can do so on the back of the poor and those without political influence, which is of course what they're trying to do right now.