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The Greek government claims that this is a non-issue, and the troika never mentioned anything like this.
Every time there is a tranche payment, before the actual deal that evidently deepens austerity and recession, there come to light a series of threats, ridiculous demands, leaks etc which create a climate of threat and fear in Greece. Last time (December) it was the threat that Greece would be ejected from the Euro... Each time the tone become's shriller. Next time I suppose they will threaten to carpet bomb Greece?
What they're after is a deep minimazation of pensions, extensive labor "reforms", and more taxes. They threaten, as I mention, with huge reductions in private wages and salaries and canceling the minimum wage. What usually happens is that the more extreme demands are dropped, the government claims that they managed to avert them themselves, and the desired "reforms" pass as a relatively lesser evil...

The road of excess leads to the palace of wisdom - William Blake
by talos (mihalis at gmail dot com) on Sat Jan 28th, 2012 at 01:25:38 PM EST
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What a dream, that Greek citizens and opposition leaders somehow saw how to stop this shit. If only we here in Germany could stop the demands of the financial governments.

I'm hoping you and your colleagues know better than i.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Sat Jan 28th, 2012 at 01:54:06 PM EST
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