Showing posts with label News Worldwide. Show all posts
Showing posts with label News Worldwide. Show all posts

Monday, 20 February 2012

Is Greece the most powerful country in the world?

The idea that Greece should have a referendum to decide on whether or not to accept the bail-out package from the rest of us has clearly come as a bit of a shock to the politicians who like to think they run the eurozone. So far, absolutely no democracy whatsoever has been introduced to the bail-out process and that, I daresay, is how they expected things to carry on. But the bail-out package comes with nasty conditions - public sector pay cuts, tax rises, lower pensions and the like – that it is hard to see any nation accepting without something of a fight.