Government efficiency is not just a Greek problem

When German Chancellor Angela Merkel’s plane touched down in Athens last week, protesters were already gathering in the streets. They are outraged by what they see as extreme and unnecessary conditions attached to the multi billion dollar bailout afforded to Greece since its debt crisis began in 2009. Greece, for instance, must pass new cuts of 13bn euros (£10.5bn; $17bn) to qualify for more bailout cash. While Greece is an extreme example of the fiscal crisis confronting governm... To continue reading this story Click Here