Greece requires political reform as much as structural reform of its economy

The Greek government and its creditors have still not reached an agreement on the release of further financial assistance to the country, despite fears growing over the state of Greece’s finances. Charalambos Tsekeris writes that while the discussions have focused on a package of reforms that must be approved by the country’s creditors before assistance is released, the nature of the Greek problem goes further than mere fiscal and economic concerns. He argues that many of the issues faced in Greece are fundamentally political and that reforms should go beyond the present narrow focus on competitiveness.