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.Hotels, Travel, News, Shopping, Bargains, About Greece, Deals, Restaurants and more...
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.
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