Graecokleptocrats have made their culture of corruption the norm of the national character of Greece. The debasement of the Greek soul is due to huge political corruption, statist propaganda, and religulous brainwashing. Plato and Aristotle asserted that different regimes produce different types of human beings, and regimes ought to be judged by the character of their citizens. In Fourth Reich, the growth of interventionist welfare state has damaged personal responsibility and integrity, fostered dependence, undermined families, rejected freedom, and promoted corruption. Especially in Greece, the most corrupt country in Occident, political corruption is accepted as a normal thing, and most Greeks rely on bribes, graft, sinecures, cheating, incivility, nepotism, cronyism, cancer of socialism, jingoism, iconolatry, perjury, lies, and kickbacks. The character of modern Greece is the opposite of the character of ancient Greece of Plato and Aristotle. The freakish government of Greece stole my computer! Nemat Shafik points out fiscal adjustment plans for this year are broadly appropriate in Fourth Reich. In a few eurozone countries, however, the nominal fiscal targets for 2013 agreed before the current slowdown in growth may prove too procyclical and may need to be adjusted or at least expressed in structural terms.  http://venitism.blogspot.com The problem is not fiscal adjustments, but the huge political corruption of PIGS. Dumping euros on Greece is ridiculous. It's unfair to squander hard-earned German euros, and it's unfair for Greeks to be addicted to German handouts. Nobody wins in dumping, which increases sinecures, laziness, profligacy, diseconomy, political corruption, and bad attitude. The freakish government of Greece stole my computer! Olli Rehn asserts more action is needed if policymakers wanted to avoid a disintegration of eurozone. We need both a genuine stability culture in eurozone and its member states and a much upgraded common capacity to contain financial contagion and reduce the borrowing costs for its members. But Greek debt differs from that of other nations, because it's not due to spending, but robbing! Graecokleptocrats got huge kickbacks from overpriced purchases of public equipment and contracts and by churning the state insurance funds. If this is not robbing, what is it? When politicians of other nations were trying to do things for their citizens, Graecokleptocrats were trying to fatten their secret offshore accounts, protected by parliamentary immunity. Graecokleptocrats rob Peter not to give Paul, but to themselves! That's why the Greek workers are on strike. They resent paying the huge Greek debt created by Graecokleptocrats. It's not fair to tax and reduce the salaries and benefits of workers to make up for the money stolen by Graecokleptocrats. The fairest action would be for Graecokleptocrats to return the stolen money back to the Greek treasury. Many Graecokleptocrats live like princes of Saudi Arabia! Enough is enough, bring the money back!  http://venitism.blogspot.com One of the countries currently being affected by contagion through higher spreads on its national debt is Italy, where Mario Monti has introduced a number of reforms in recent months to rein in public spending and revitalize the economy. Monti urges his European partners to speed up measures to limit contagion from the debt crisis and stimulate economic growth,