View Single Post
Old 02-10-2012, 10:52 AM   #84
chemgear
Franchise Player
 
Join Date: Feb 2010
Exp:
Default

Even more angst as Greece tries to get some more money to keep afloat for a little while longer. Ironically, all this is just to stay afloat until the next debt payment is due - it doesn't even begin to address the problems or actually solve anything. The austerity (and the debt they piled up for so many years) is pushing their economy into a death spiral.


http://business.financialpost.com/20...nst-austerity/

http://business.financialpost.com/20...imf-officials/

Greece’s largest police union has threatened to issue arrest warrants for officials from the country’s European Union and International Monetary Fund lenders for demanding deeply unpopular austerity measures.

In a letter obtained by Reuters Friday, the Federation of Greek Police accused the officials of “…blackmail, covertly abolishing or eroding democracy and national sovereignty” and said one target of its warrants would be the IMF’s top official for Greece, Poul Thomsen.
chemgear is offline   Reply With Quote