Greeks attended meetings and went into negotiations to restructure the debt and original debt payments - to the disdain of Germany IMF & World Bank. Initially, the talks seemed to have some 'pause' to revise & rework the debt & allow Greeks to have some hope & sense that they could live and meet basic needs. Well, that was so short-lived, the question becomes whether or not Merkel and EU ever truly had good faith efforts and best interest of anyone beyond the interest rate and pay-out???
My sense, after reading and researching, is that EU has not only been paid the original debt from Greece, but continues to set up the nation to pay more and use predatory tactics to do so; while Greek consumers have little or no funds to purchase - thus the economy spirals downward. Closed businesses, lack of food, shelter & medical care results and continues to be the outlook for Greece.
Greece is taking on refugees and continues to pay the debt; without any relief for native Greeks. How can the EU be so inhumane to a fellow nation? How can the leaders truly advocate this oppression? The greed and lack of leadership to appreciate value in other than monetary terms has resulted in the breakdown. The true leader finds more to analyze than numbers, interest and time for payments; truly the concepts of micro & macro economics includes other variables; none of which EU has considered.
My assessment of current events between EU & Greece is that the Greeks MUST vote NO / OXI. The gravity of the NO vote is offset by the balance of Greeks being able to self-determine, to write off the debt and not pay one more Euro - nothing/ nada to EU. Greeks may find a 'sweet' deal with Putin, who's on the sidelines ready to loan funds to this country. I would say 'take the deal' & keep the faith. Greece is quite able to succeed with tourism and to continue to restructure and revamp. I am in support of Greeks, passing on any collaborative nexus with EU and being independent and of one mind; promulgating new legislature for the sole benefit of Greeks.
My sense, after reading and researching, is that EU has not only been paid the original debt from Greece, but continues to set up the nation to pay more and use predatory tactics to do so; while Greek consumers have little or no funds to purchase - thus the economy spirals downward. Closed businesses, lack of food, shelter & medical care results and continues to be the outlook for Greece.
Greece is taking on refugees and continues to pay the debt; without any relief for native Greeks. How can the EU be so inhumane to a fellow nation? How can the leaders truly advocate this oppression? The greed and lack of leadership to appreciate value in other than monetary terms has resulted in the breakdown. The true leader finds more to analyze than numbers, interest and time for payments; truly the concepts of micro & macro economics includes other variables; none of which EU has considered.
My assessment of current events between EU & Greece is that the Greeks MUST vote NO / OXI. The gravity of the NO vote is offset by the balance of Greeks being able to self-determine, to write off the debt and not pay one more Euro - nothing/ nada to EU. Greeks may find a 'sweet' deal with Putin, who's on the sidelines ready to loan funds to this country. I would say 'take the deal' & keep the faith. Greece is quite able to succeed with tourism and to continue to restructure and revamp. I am in support of Greeks, passing on any collaborative nexus with EU and being independent and of one mind; promulgating new legislature for the sole benefit of Greeks.
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