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Greece: Fighting Corruption and Bankruptcy | European Journal

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Uploaded on Jan 28, 2010

This year,Greece will need 50 billion euros to service its debt and fund its budget. Corruption,nepotism,and tax evasion have emptied the public coffers.Up to a third of Greece's GDP is lost in the shadow economy. The government manipulates its reports to the European Union,citizens manipulate their tax returns. The measures announced to cut spending and fight corruption will not be enough. The Greeks need to change their attitude.

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