In Greece we are looking at a variety of fundamental issues. \u00a0 First of all, the taxation system is difficult to implement. \u00a0Value Added Taxes vary enormously depending on political connections. \u00a0They can range from almost nothing to 23 per cent. \u00a0High or low, they’re difficult tto collect.<\/p>\n
The pension system is also unduly complicated and Ned’s to be sinplieiied so that appropriate policies can be put in place.<\/p>\n
Privitization of businesses was supposed to yield the government more than 30 billion euros. \u00a0To date, it has brought in somewhere between 2 and 3 billion.<\/p>\n
The problem is not so much a lack of willingness on the part of theGreek government as a lack of understanding of what can be done.<\/p>\n
Gareece inability to grapple successfully with the economy for five years makes lenders wary.<\/p>\n
![\"Greece?\"](\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2015\/06\/Greece.jpg\")
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In Greece we are looking at a variety of fundamental issues. \u00a0 First of all, the taxation system is difficult to implement. \u00a0Value Added Taxes vary enormously depending on political connections. \u00a0They can range from almost nothing to 23 per … Continue reading