Softer Euro Greases Greek Goodbye?

Elena Panaritis, founder of Thought for Action, former World Bank economist, and special advisor to the Greek PASOK government, faults cronyist political systems and the special interests that thrive under them as the major obstacles to reform. Panaritis argues Greece is the canary in the coal mine for dysfunctional states throughout the European Union, and expects new austerity plans and devaluation in the coming years.