All of us , have by now seen the TV reports of the recent riots in Athens , demonstrating against the Government’s decision to implement drastic measurements to reduce the gigantic 400 billion Euros deficit, it accumulated all these years. Unfortunately, this deficit could threaten the stability of the European currency and eventually …the world’s financial markets.
To avoid such a catastrophe , the EU ( European Union ) and the IMF ( International Monetary Fund ) have decided to bailout Greece , by funding 100 billion Euros towards this deficit …and in return , unfortunately Greece has to implement …tax increases, salary and pension cuts…and who knows what else, to reduce the remaining deficit !!!
There was NO other option indeed…actually there was, bankruptcy of the country !!! Now that can not happen, it never has, yet and so the people of Greece…went to the streets and… we all saw the results…RIOTS in the streets of the capital, in front of the Greek Parliament…there are dozens of pictures and video clips , everywhere….!!! “This is where uncontrolled violence leads, and this is where political irresponsibility takes us,” said George Papandreou , the Greek Prime Minister, who has a limited time to implement these dramatic changes to his people.
What would YOU have done, if they cut your salary or your pension, increase your taxes and made your life miserable ???In specific, these are some of them : reduce the “Easter, Summer and Christmas bonuses” of civil servants and pensioners; increase taxes on fuel, tobacco and alcohol; reform all pension plans by raising the retirement age to 65, from a current average of 61; mandate the use of generic drugs in the state health-care system ; reduce the operating costs of local government and pass a law to simplify the rules for new business start-ups…to name a few !!!
All of these unfortunate events have caused the euro, which last year strengthened to as much as $1.51, to drop below $1.29 for the first time in more than a year,making it cheaper for Americans to travel to Greece. The spring tourist season is getting under way and the riots in Athens might threaten to undermine tourism, that accounts for about 16 percent of Greece’s gross domestic product and about one in five jobs.
I have lived in Greece for over 10 years ( 1995-2006 ) and sympathize a lot with its people, my people and even though I have repatriated back to the USA , my heart is still in Greece and I wish a better future to all of us ….!!!
But this is not the answer !!!
This is the real Greece and NOT the one the media portraits to be...please, take some time and see this video...and you will agree too...Πρόκειται για ένα βίντεο που με πολύ έξυπνο και κατανοητό τρόπο παρουσιάζει την πραγματική εικόνα της Ελλάδας και όχι αυτήν που προσπαθούν να μας περάσουν τα συμβατικά και κατευθυνόμενα ΜΜΕ...Welcome to Greece and have a nice day !!!
Do you want to check your country's national debt ? Check out this website...it has been set up to allow you to view compare it with the national debt of other countries....pick a country !!!
Check your country's debt here !
Rallies are being held , in capitals around the world to show support for the people of Greece as they face drastic austerity measures....The show of solidarity is in response to the "dictatorship of the financial markets and the troika: EU, ECB and IMF, who have imposed austerity measures and a non-elected government on the Greek people."..Demonstrations are planned throughout Germany, Austria, Belgium, Denmark, Spain, Finland, France, Iceland, Ireland, Italy, the Netherlands, Portugal, the United Kingdom, the United States, Sweden, and more..We thank you for your solidarity...may God Help us ALL !!!