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By far the most repellent university system in Europe…

… is that of Greece. The system there isn’t merely corrupt; it’s quite violent. It has long been an object of contempt on this blog. [The link is to a search on UD of the word “Greece.” It will take you to some relevant and some irrelevant posts. Scroll through.]

As the EU and IMF prepare to bail out the country, an article in the Wall Street Journal explains why it’s money down the drain. The country is profoundly corrupt, and more money will no doubt make it more corrupt.

An update on a recent enormous, long-running theft of funds by the leadership of Panteion University:

The thieving rector, Emilios Metaxopoulous, is already out of prison, a few months into his 25-year sentence. No doubt a fine Greek surgeon (“A U.K. court on Wednesday jailed a former executive of medical-goods supplier DePuy International Ltd., a unit of Johnson & Johnson, for channeling £4.5 million ($7 million) in bribes to Greek surgeons…. [Greek surgeons’] demands for bribes have put operations out of reach for some Greeks. Stents for heart operations, for example, cost up to five times as much in Greece as in Germany…”) was found to attest to his deathly illness.

The vice-rector, serving a 16-year sentence, preceded the rector out of prison, for he also has a deathly illness. The vice-rector seems to have been in jail for twenty minutes or so.

Margaret Soltan, April 16, 2010 5:08AM
Posted in: foreign universities

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One Response to “By far the most repellent university system in Europe…”

  1. University Diaries » Get Rich Quick. If you get caught, Get Sick Quick. Says:

    […] [In the matter of the] enormous, long-running theft of funds by the leadership of Panteion University: […]

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