Lack of political and economic transparency

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Greece
The current financial crisis in Greece
How should the EU respond to the financial crisis in Greece?
EU should provide loans to support Greece through fiscal adjustment
Risk that Greece may default on the loans
Greek political-economy has been characterised by bad practices
Lack of political and economic transparency
Statistical shenanigans with the budget deficit
Clientelistic politics
Greek economy has had a relatively high level of corruption
High levels of tax evasion
Greek government taking strong measures to counter historic practices
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