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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Friday, March 6, 2015

Balancing the Greek budget: The ancient Athenian perspective

Is democracy good for balancing a budget? For many today the answer is a resonating no. This answer is easy to understand. In the birthplace of democracy, Greece, the state’s budget is a mess. For too long the politicians of modern Athens feared that voters would not tolerate the financial truth. To pay for unaffordable election promises they borrowed irresponsibly instead of raising taxes. They lied to voters about the ballooning public debt. It all ended, of course, in a huge sovereign-debt crisis.


READ THE ORIGINAL POST AT www.ekathimerini.com