Associated Press
June 3, 2010
When it comes to overspending, Greece gets the gold medal.
Governments in Athens haven't balanced a budget in nearly 40 years, and the country narrowly averted bankruptcy in May before panicky European partners grudgingly put up rescue loans.
While many factors are behind the crippling debt crisis, the 2004 Athens Olympics — being the global event that it was — has drawn particular attention.
If not the sole reason for this nation's financial mess, some point to the games as at least an illustration of what's gone wrong in Greece.
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