| Kippreport.com

Greek bureaucracy chokes economy

June 24, 2010 6:13 by kippreport

The public sector in Greece is widely regarded as grotesquely inefficient, suffering from corruption that has been fueled by years of neglect. But over a quarter of the work force in Greece depends on the public sector, with almost every family having a member employed as a civil servant.
An improved, more reliable civil service is greatly needed, and if no rapid reform is made, the country’s recovery will be in jeopardy.

Read more: Greek President: country “on the brink of the abyss”

Tags: corruption, deters, Greece economy, Greek bureaucracy, investment, public service