of the European, and by extension the world, economies recently. Debt crisis and all that.
Here is an interesting statistic :
"According to the World Bank, when it comes to the ease of doing business, Greece ranks 109th out of 183 countries. If they were dramatically to liberate their business-killing economy, they might overtake Lebanon at big hit position 108, and Ethiopia at 107, and maybe Papua New Guinea at 102. And who knows? With even more radical reform, they might crack the Hot One Hundred and be bubbling under such favourable business environments as Yemen (99) and Moldova (94). Greece ranks 140th when it comes to starting a business, and 154th when it comes to protecting investors. "Also, I'd never quite thought of defining a bank this way, though now I read it, it seems apt :
"Traditionally, a bank is a means by which old people with capital lend to young people with ideas. But the advanced democracies with their mountains of sovereign debt are in effect old people who’ve blown through their capital and are all out of ideas looking for young people flush enough to bail them out."http://www2.macleans.ca/2010/05/20/not-just-their-big-fat-greek-funeral/
