The presumed causes for Greece’s deficit and current financial crisis number in the dozens. The most often mentioned are the spending habits of administrations prior to the current one, the way that Greeks have of not paying taxes, and the strength of the unions which object to any cut in the pay of a large part of the Greek population.
Prime Minister George Papandreou has come up with a new reason for Greece’s troubles and it is certainly among the most creative. He claims that corruption and the habit of prosecutors letting fraud and lawlessness continue unchecked has brought Greece to its knees.
“The crisis in our country is not limited to our fiscal problem. It is only the tip of the iceberg,” Papandreou said at a cabinet meeting according to Reuters. He must have been too busy raising money for his nation to have brought up the corruption problem before
Douglas A. McIntyre