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Greece. Cradle of Western Civilisation. My home. Currently, the country is going through its most dire phase since the end of a devastating Civil War that followed the end of the 4-year Nazi Occupation at the end of the 1940s. The land, economy, society and institutions have been in steady decline for a number of years now, but the downfall has been accelerated since the start of the financial crisis in early 2008. The name and reputation of the country and its inhabitants have been seriously damaged by the developments of the last two years. ‘Greece’ and ‘Greek’ have become words almost synonymous to laziness, corruption, nepotism, cheating and much more. To the consciousness of the majority of the world, the country has managed to transform in a short number of years from a modern, European state which builds state-of-the-art infrastructure and organises and executes world class events (the 2004 Summer Olympics is the best example) to a backwater of Europe and a problem child of the Balkans; some claim almost a ‘failed state’. The story of the country’s management of its finances over the last 30 years has now become a case study of ‘the best way to bring a country to bankruptcy’. Continue reading »


