Tuesday, 15 November 2011

Greek PM has an uphill task

The Greek Prime Minister has taken on the task of deficit reduction which is the mosr pressing thing at the moment I should imagine.  He might like to take a look at Greece's wealthy who, whilst being amongst the wealthiest in the world, pay precious little in tax.  If he can recover the Greek economy without losing his nation wholesale into a European nation controlled by German and French politicians then he will have performed a good service indeed to his people.  To bring this about though much will have to change in Greece that will not be popular.  Such is the price of continuously spending more than you earn.


British politicians should beware the Greek example.


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