You are here

Bureaucracy stands in Greece's way

Businesses and jobs are jeopardised by high administrative costs and inefficiency

CRUMBLING: Just as harmful as austerity cutbacks have been the structural problems inhibiting economic efficiency, many of which have barely budged, despite creditors' demands.


YANNIS Stamatiou is one of this country's many business owners who say that Greece's economic problems are not just about austerity.

Just ask him about the bureaucracy, which the new government has vowed to streamline but is a snarl of rules, decades in the making, that