Defaulting On The National Debt

Peggy MunroLet's Talk About Money2 Comments

Greece, the birthplace of democracy, is known more today for widespread tax evasion, inefficient government bureaucracy, and a monumental national debt that now exceeds its annual gross domestic product (GDP). Austerity measures demanded by the European Union, including massive public service job cuts, huge tax increases, reductions in public pensions and wages, and selling off the country’s infrastructure to private … Read More