Guardian: Has an excellent article on the Greek Crisis, the article states the following on Greece, “ With its coffers nearly empty, its people protesting and its political system under unprecedented attack….would put the entire eurozone project under threat ”. If Greece was company it would be bust, even some of its board would be facing jail time, so what does the EU do about Greece, thus far its more loans, from reports in Greece the last thing the people of Greece want is more loans, as with any 2nd loan the conditions would have to very tough when it comes to Greek austerity, in fact the conditions would have to be so strict that in essence the Greek economy would be run by Germany and France. As any soft loans would lead to demands by Ireland and Portugal for their deals to be made easier, thus even more chance of European defaults. The people of Greece have to have peaceful protests, very peaceful, otherwise the police would and should come down hard on those that break the law. But the Greek people have to SAY to their Government NO. Otherwise the political elite are making the people pay for the mistakes of the Government. This will not end happily folks.
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