http://blogs.reuters.com/macroscope/2009/12/23/moodys-turns-delphic-on-greek-debt/ Shining a light on the dismal science Tue, 18 Jun 2013 22:45:33 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/macroscope/2009/12/23/moodys-turns-delphic-on-greek-debt/comment-page-1/#comment-1576 Birddog14 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. 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.

]]>