Straitjacket
Zero tolerance for corruption key to Greek recovery
Kyriakos Mitsotakis' top priority on entering the Maximos Mansion should be to make clear to his ministers that he has a zero tolerance for corruption. If he does, the country could enter a multi-year virtuous cycle.
Unfavorable climate in the EU
Government officials are very pleased because they no longer feel the tight grip of the fiscal straitjacket imposed on them by Greece's creditors. They can comfortably spend, appoint civil servants and revoke painful reforms. They are fully focused on the next general elections.
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