Here are a few interesting links to keep you informed about the fiscal crisis in Greece.
Richard Rahn has a nice comparison in the Washington Times of Poland’s good policy and Greece’s profligacy.
Reuters has a story about some new reforms in Greece, including a very Orwellian proposal to track everyone’s purchases by banning cash transactions above 1,500 euro.
And the Associated Press has a story about gas shortages because bureaucrats at the Customs office went on strike to protest a proposal by the government to give them only one (rather than two) extra month(s) of pay per year.
[…] has a too-much-spending crisis rather than a too-little-revenue crisis. I’ve also commented (here, here, and here) about the feckless behavior of Greek politicians. Sadly, it looks like things are […]
[…] has a too-much-spending crisis rather than a too-little-revenue crisis. I’ve also commented (here, here, and here) about the feckless behavior of Greek politicians. Sadly, it looks like things are […]