There is so much questinable behaviour out there it is unreasonable to pick on the Greeks alone.
The amount on money spent on fat cat EU pollies and bureaucrats is immense.
And to top it off, Greece never met the criteria to enter the union, in the first place.
Recently in the News...
Accounting errors ... what's that about?
"Max Keiser accused Minister for Finance Michael Noonan of a “brazen act of contempt for the people” to announce €3.8 billion worth of budgetary cuts in the same week the department announced it had “found” €3.6 billion which had disappeared from the system as a result of an accounting error. He said it showed a complete inability to track what was happening in the system and claimed that such an absence of transparency allowed bankers and traders to engage in “financial terrorism”."
www.maxkeiser.com
BERLIN (Reuters) - Germany is 55.5 billion euros ($78.7 billion) richer than it thought due to an accountancy error at the bad bank of nationalized mortgage lender Hypo Real Estate (HRE), the finance ministry said.
