Thursday, February 16, 2012

Greece can't take any more




Greek Minister Christos Papoutsis warned that Greece cannot take any more but it’s becoming clear that they must. The pressure is mounting and this is the dramatic moment when a distraught woman, Lambrousi Harikleia, a civil servant, threatened to jump from an Athens office block where she works because she fears she will lose her job in the new round of cuts. She was eventually lead away to safety.





The Eurozone has now disintegrated into a slanging match, country insulting country and real bitterness and resentment rules. Germany, Austria, Finland the the Netherlands now believe Greece is beyond help. An 82 year old veteran of Greece’s resistance against the Nazis in WW2 is outraged by Germany’s comments that Greece was a ‘bottomless pit’. Angela Merkel appeared in a right-wing newspaper dressed in a Nazi uniform with a swastika above a headline alluding to Auschwitz and street posters also appeared of Ms Merkel in a Nazi uniform with the words ‘Public Nuisance’.





Elderly pensioners marched in the streets of Athens, worried and anxious about how they are going to survive. Today the Greek government is rushing around trying to find extra savings to satisfy EU demands as Chancellor Merkel is determined to get a binding guarantee from Greece before handing over a 130 million euro bailout.



The British Conservative Party’s leader in Europe Martin Callanan thinks it’s time for Greece to leave and that “Nobody believes that the latest package will save them, even if all the measures agreed on are implemented - by 2020, Greece would still be in a worse position than Italy is in now.”


How and when will it end?

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