Telegraph Live - Greece: Reports in its 1pm post that the leader of the Greek Conservative Party, Antonis Samaras has written to the EU and IMF and stated that if his Party wins the General Election they will keep to agreed austerity plan. This to be fair to Greece should be enough for the EU/IMF/ECB, the Greek Elite have gone against their voters, passed a tough Austerity package, they are in a national Government, they promise more cuts. On the face of it a good, deal, just one problem, as the saying goes, beware of Greeks baring gifts, A) It is a faint, B) The Greeks will be back for more later, C) The Greeks don’t keep their word. Thus folks lets see if there is enough trust between Athens and the EU, one has doubts.
Wednesday, February 15, 2012
Greece and the EU
Telegraph Live - Greece: Reports in its 1pm post that the leader of the Greek Conservative Party, Antonis Samaras has written to the EU and IMF and stated that if his Party wins the General Election they will keep to agreed austerity plan. This to be fair to Greece should be enough for the EU/IMF/ECB, the Greek Elite have gone against their voters, passed a tough Austerity package, they are in a national Government, they promise more cuts. On the face of it a good, deal, just one problem, as the saying goes, beware of Greeks baring gifts, A) It is a faint, B) The Greeks will be back for more later, C) The Greeks don’t keep their word. Thus folks lets see if there is enough trust between Athens and the EU, one has doubts.
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