Comments on: Moody’s turns Delphic on Greek debt http://blogs.reuters.com/macroscope/2009/12/23/moodys-turns-delphic-on-greek-debt/ Shining a light on the dismal science Wed, 16 Nov 2016 01:39:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Birddog14 http://blogs.reuters.com/macroscope/2009/12/23/moodys-turns-delphic-on-greek-debt/comment-page-1/#comment-1576 Sun, 27 Dec 2009 09:06:40 +0000 http://blogs.reuters.com/macroscope/?p=2744#comment-1576 In the short term the Greek government requires fiscal reforms in the form of a new and rigorous taxation regime to ensure the correct flow of consolidated revenues into the government coffers. This must be done in a manner which doesn’t disadvantage the most vulnerable in society. These reforms must be coupled with transparency in all government dealings which the Papandreou government has already initiated. Additionally, in the long run Greece needs to increase its population with skilled migrants who can fortify the taxation base of the country and increase the entrepereurial opportunities for the country. In short, Greece needs somewhat of an economic miracle or the implementation of new technological processes to free it from its current economic quagmire.

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