A breather for Greece

The apocalypse was not as close as they were saying. Greece placed yesterday with facility a bonds emission at the price of 5.000 million euros and most of the investors were proceeding of out. The Germans keep on saying that they are going to put not even an euro, but the German central bank already deals for his account with denying this intention buying Greek debt. It is after all a good business because the Greeks turn out to be forced to pay an interest rate major than other European countries that spend for better economic conditions.

There will have had an important influence the Greek declaration of which if they need funds they will come to the IMF without importing for them if that gives bad image to the financial reputation of the EU. The Greeks have more important things of which to deal that the solvency of the euro. They already know in any case that any help will not work out for them free.

What already has no sense is that the Greeks keep on worrying therefore they say in Germany. There is never going to be scarcity of stupid declarations, like that of two German deputies who propose to Greece to sell some of his islands in the Aegean Sea to collect funds.

What has to do Greece is the hanging task for any country that has finished a dark stage characterized by the corruption and the easy money.
----

Interview with the Greek writer Petros Markaris:

Spiegel: According to Transparency International, the average Greek pays over € 1,000 each year in bribes for personnel reasons. Over the last two years, these appear have jumped sharply. Greek crime fiction also features to lot of fakelakis, envelopes bulging with bribe money. What role does corruption play in everyday Greek life?

Markaris: Corruption permeates all of Greek society. If the only way to get swift treatment in to Greek hospital is to bribe someone, it is really to problem of the state. Even the respectable citizen is given up hope and believes that evading taxes is justifiable. Expert I have sees it, that is the only way to get his money back. From this arises to society in which everyone shares in the guilt. The mentality in Greece needs to be radically reformed. Ím worried that only the symptoms of the crisis - and not the you cause - will be cured now.