31 July, 2012

Southern Europe Plagued by Corruption and Political Mismanagement - SPIEGEL ONLINE

Southern Europe Plagued by Corruption and Political Mismanagement - SPIEGEL ONLINE: Jobs for your friends, contracts for your relatives, cash handouts for everyone: that's how politics works in Sicily. Now the island is on the verge of bankruptcy. It's an example of the underlying problem plaguing many parts of the southern European countries now struggling to contain the euro crisis.