Placeman Papademos informs his EU masters that all is OK in Greece except...

"Greece suffers from a lack of capacity to implement policy, manage public finances, collect taxes, open markets to competition, make public procurement work efficiently and innovatively, pay suppliers, or offer timely judicial review to its citizens,”

All the above is according to a draft document, seen by Reuters, as published in an article on the letter sent by the former Goldman and ECB banker to his bosses in Brussels.

The entire article may be read in ekathimerini, linked here.