I went to a talk recently about the Greek problem. All facts are courtesy of Max Ziff of the Houlihan Lokey international investment bank:
He described a modern day hydra of corruption, denial, croneyism, wastefulness and nepotism. Take a look at the numbers from Greece.
321: People claiming a pension over 100 years of age (who have died)
30: Number of Civil Servants 'looking after' a single lake in Greece (the lake dried up years ago)
15%: of the population are civil servants
30 million euros: the amount in the bank account of one doctor who did not declare tax
2003: it was made illegal to give bribes but not illegal to give a gift after someone has done you a favour
Is it any suprise then, that the Greeks find themselves in a crisis now?