Businesses Worry About Shouldering Burden of Greek Debt
“The Greek proposal is simply populist austerity,” said Theodore Pelagidis, an economist at the University of Piraeus who has studied the impact of previous Greek programs on the broader economy. “It’s really worrying that a program will be approved with no spending cuts whatsoever.”
.. “With all this bureaucracy and now with all this taxation, who would want to invest here?” Mr. Tziritis said, shaking his head.