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‘I swim for peace, friendship and clean water’...
Slovenian swimmer Martin Strel takes a breath yesterday while making his way through the Corinth Canal... |
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EDITORIAL |
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Corruption derails state railways
The Hellenic Railways Organization (OSE) has become a major problem for the Greek state.
Government officials call it the «biggest black hole» in the state budget, even worse than Olympic Airways.
The underlying problem became evident in the Siemens bribery scandal, where it was clear that the German corporate giant had its own means of controlling supplies.
It goes without saying that wherever there is waste and poor management, lots of things can and do go wrong. Repeated and inexplicable accidents that keep happening on Greece's railways show this to be all too true. |
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The mother of invention
The economic crisis that has broken out across the world looks like the beginning of a difficult time for many countries. Even Europe, with its relatively well-off population and sophisticated safety net for the poorest citizens, looks like it will suffer greatly in the storm. And Greece is no exception. Just six months ago, the government and bankers were proclaiming that Greece would be immune to the credit crunch caused by the subprime mortgage fiasco in the United States. But that crisis kept deepening, making money more expensive after a long period of low rates, at the same time that fuel and food prices, as well as other commodities, began to reach unprecedented highs. |
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