When The Scene Of Bloody Streets Of Greece

By Author: tomas
Total Articles: 35
Comment this article

Copyright by Tomas. In the beginning of summer, whether you are looking for a single distribution of jewelry, 925jewelryonline store is your best choice. It will give you the feeling of possessing an excellent product 925 Couple Jewelrywith the technology imposed by the Hand-producer.The original May 2 euro and IMF's agreement, three years in phases to provide a total of 110 billion Euros Greek relief, of which euro 80 billion, 30 billion International Monetary Fund, in return, the Greek side will implement harsh austerity policies , including value added tax from 21% to 23%, 10% increase in fuel tax, tobacco tax and wine tax, public sector wage freeze, would raise the minimum retirement age to 60 years old, cut in welfare spending and so the aim is to ensure that this money to repay, and thus will not allow Greece to become a bottomless pit of money continue to smoke.
Even such a "borrowed has to be" program, the euro zone countries, particularly the most financially strong Germany was still a dilemma. Under the plan, Germany will share 28% ...
... of the total, that 30 billion Euros in the first year of 8.4 billion, and total 110 billion Euros in 224 billion, but generally not in favor of the German people with their taxes to fill a bottomless pit of Greece, worry This will lead to its great wealth shrink. After a period of time, Greece go back, repeatedly changed his tune, and sometimes claimed that without foreign aid, but when foreign refusing to blame the euro area has just been reached with the IMF assistance program for 45 billion Euros less than a week, a hole on the magic-like expanded to 110 billion, while According to some experts conclude that the money probably only delay but not prevent a major financial collapse of the Greek, if so, it is also destined to be a 110 billion by without yet.
Assistance programs subject to Parliamentary approval, but the most critical resistance to the German public not only the highest, and on May 9 the upcoming local elections, the government faced the greatest pressure. Balance, the original issue in the aid Merkel chose a cautious attitude toward risk, determined two days before the election assistance programs will be submitted to the Parliament vote, the cost of her public support rate fell from 54% 48% ruling 50% support rate fell below the danger line, only 42%.
Greece appears bloody scene of the euro area and the international community to support relief programs in terms of forces, as good wake-up call: assistance on the premise that Greece is a financial crunch, the control of debts and deficits, to ensure ability to repay, and now that the Greek voice rising domestic opposition to austerity , the Government is powerless to implement austerity can become a huge question mark, tightening the skin does not exist, save the hair stand?
If in the next few days, the situation is not dramatic turning point in Greek, Merkel in Germany, local elections will surely be some setbacks, large or small, will force the shot, she finally determined to return to the old path of caution, so that people continue to lose, but hard to imagine that Germany, if not actively, and how smooth the implementation of international assistance to continue.
Know that the Greek Prime Minister Andreas Papandreou has been interest expressed strong, bloody will not hinder the implementation of the policy tightening, but the face of domestic opposition raging waves of the Government's control has become increasingly weak, as the veteran has always advocated a welfare society European left-wing politicians, Papandreou agreed tightening move is they had to do, but is bound to offend the voters of their basic disk, the hollowing out of government risk.
It seems the general population in Greece, is the political class of corruption led to disaster for Greece to allow people to pay for the mistakes of politicians is absolutely unfair. Many people, including Greece, economists and politicians believe that, just combating corruption, you can save the Greek crisis, no need to seek foreign aid to pay such a price, in which emotional, driven by domestic economic ills are not calm down the Greek political crisis is looming.
Euro area financial, monetary integration is based on the vulnerability of national financial regulators on the basis of independent, a country the crisis, would certainly engulf the entire euro zone's financial situation, and are affected country before the incident hardly see any signs that this situation is not lifted, the Greek crisis risks will be difficult to subside. The escalation of the crisis in Greece, they could spread to Portugal, Spain and other euro zone countries with poor financial situation, are more likely to shake the confidence of European integration and infrastructure. Perhaps Merkel earlier proposed "European Fund" after all emergency prescriptions, but the European Union, the euro area during the crisis in the Greek Procrastination Man Han, step by step keep up keep up the performance, the difficult events of the future to give too high expectations.