> In the same way that it's immensely hypocritical of Germany to lecture Greece on debt, it's equally hypocritical of the Eurozone to lecture Greece on tax avoi

> In the same way that it's immensely hypocritical of Germany to lecture Greece on debt, it's equally hypocritical of the Eurozone to lecture Greece on tax avoidance, when the bankers and corporates know damn well that if they weren't avoiding taxation at least as aggressively, austerity would be completely unnecessary. Especially with the head tax avoidance manager at his head, Jean-Claude Juncker. That said, my understanding is that there are real issues with the Greek state - not only cronyism and corruption, but lack of fundamental mechanisms like a proper welfare system or a cadastre. These issues need to be addressed, but seems at odds with the creditors' obsession with slashing public spending at all costs. I also agree with Piketty about the way the crisis served to highlight systemic issues in the EU. Unfortunately, EU leaders appear completely unwilling to address them, apparently pretending nothing is wrong is much easier.