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Giving the government tens or hundreds of billions of euro more will not solve the situation and will likely make it worse. The government can't manage that kin
by higherpurpose 11y ago
Giving the government tens or hundreds of billions of euro more will not solve the situation and will likely make it worse. The government can't manage that kind of money in an efficient way given the current levels of tax fraud and other kinds of corruption in the country right now.
The EU would be much better off if it offered loans only to private individuals and (small) businesses, if it really wanted to help Greece. Taking a more "decentralized" approach would ensure the "waste" would be minimal from such loans.