Pension and wage cuts are reducing state spending and changes to labor rules are liberalizing the jobs market. The measures are also driving the economy deeper into a recession and fanning discontent among Greeks as unemployment has jumped to 21 percent. The economy shrank 6.8 percent last year and is set to contract for a fifth year in 2012.
So if austerity measures and job market "liberalization" are "driving the economy deeper into a recession" what exactly are they for again?
Glibertarian paradises exist all over the world. They're also not nice places.