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Five wasted years indeed. The austerity imposed on the Greeks has left them with a greater deficit than when they began.
by aptwebapps 11y ago
Five wasted years indeed. The austerity imposed on the Greeks has left them with a greater deficit than when they began.
- ricw 11y agoIt's actually not only austerity. It's reforming their economy that they haven't delivered on, unlike all other euro countries that needed bailing out. 8% of Greece's population still works for the state. I don't blame other EU states to not take Greece seriously anymore, particularly as everyone seems to forget that 50% debt cancellation that happened in 2011. All in all a lack of fiscal responsibility and incompetent governments that let down their European partners for the last five years..
- ars 11y ago> 8% of Greece's population still works for the state What's the figure for other EU states?
- kiiski 11y agoI'm not sure what that 8% includes (municipal/city workers? military? police?), but in Finland the government claims on their website to employ 79 000 people (~1.5%). No idea if the numbers are comparable.