AI
Wednesday, July 08, 2015 12:02:41 AM
Greeks mistrust EU, EC, ECB – but retain some faith in the euro
Many people have grave doubts about the economic and political partnership that gave rise to the single currency
EU and Greek flags are waved in Athens. Photograph: Yannis Behrakis/Reuters
[ to end ]
“We still have a big majority in favour of staying in the eurozone. But we now have even members of the government saying Grexit would not be a
catastrophe – and we also have a lot of reasons to be disappointed. I’m afraid that, for a lot of people in Greece, Europe is becoming the enemy.”
http://www.theguardian.com/world/2015/jun/26/greeks-mistrust-eu-ec-ecb-but-retain-some-faith-in-the-euro
See also:
Nor is there much dispute that creditors have mismanaged the Greek dossier .. http://www.theguardian.com/world/2015/jun/29/alexis-tsipras-must-be-stopped-the-underlying-message-of-europes-leaders .. ever since the first bailout in 2010. The troika of creditors – the European Central Bank, the EU commission and the IMF – told Greece that the only way to fix its economy was to adopt severe austerity, medicine that felt to Greeks like the shredding of cherished labour rights and benefits. This programme not only failed to make the debt sustainable; it has recreated the kind of poverty that western Europe thought it had left behind. Meanwhile, the bulk of the €240bn (£170bn) total bailout money Greece received in 2010 and 2012 went straight back to the banks .. http://www.theguardian.com/world/2015/jun/29/where-did-the-greek-bailout-money-go .. that lent it money before the crash.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115227211
Many people have grave doubts about the economic and political partnership that gave rise to the single currency
EU and Greek flags are waved in Athens. Photograph: Yannis Behrakis/Reuters
[ to end ]
“We still have a big majority in favour of staying in the eurozone. But we now have even members of the government saying Grexit would not be a
catastrophe – and we also have a lot of reasons to be disappointed. I’m afraid that, for a lot of people in Greece, Europe is becoming the enemy.”
http://www.theguardian.com/world/2015/jun/26/greeks-mistrust-eu-ec-ecb-but-retain-some-faith-in-the-euro
See also:
Nor is there much dispute that creditors have mismanaged the Greek dossier .. http://www.theguardian.com/world/2015/jun/29/alexis-tsipras-must-be-stopped-the-underlying-message-of-europes-leaders .. ever since the first bailout in 2010. The troika of creditors – the European Central Bank, the EU commission and the IMF – told Greece that the only way to fix its economy was to adopt severe austerity, medicine that felt to Greeks like the shredding of cherished labour rights and benefits. This programme not only failed to make the debt sustainable; it has recreated the kind of poverty that western Europe thought it had left behind. Meanwhile, the bulk of the €240bn (£170bn) total bailout money Greece received in 2010 and 2012 went straight back to the banks .. http://www.theguardian.com/world/2015/jun/29/where-did-the-greek-bailout-money-go .. that lent it money before the crash.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115227211
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”
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