Monday, December 14, 2009

"Greece admits it is riddled with corruption"

The title of this article – "Greece admits it is riddled with corruption" – sounds like it's from the Onion, but alas, it's from the Financial Times.

Here are some choice quotes from inside the article:

At an EU summit on Thursday night, The bloc’s 26 other national leaders sat in silence as Mr Papandreou delivered a short, blunt speech on Thursday night that said everything the rest of Europe had long known, or suspected, about Greek bureaucracy. [...]

“He recognised that there was a huge problem of corruption throughout the administration, including in public procurement,” Mr Barroso said. [...]

“Our basic problem is systemic corruption,” Mr Papandreou said in Brussels on Friday. [...]

The underlying problem is, however, one of Greek credibility...

...I'll say!

No comments: