This Week's Editorial (May 12-18, 2012)

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This Week's Editorial (May 12-18, 2012)

Voters Remorse?

If you feel like the situation in Greece today has become worse than you could have ever imagined, you are not alone – you’ve got plenty of company. The news emerging in the wake of the elections is that the political earthquake that struck caused power to shift from the center of the political spectrum, where it was rooted for

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May 10, 2012

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3 readers comments


1. Philip Vorgias wrote on May 12, 2012 10:27 AM	All the problems the EURO has caused them? Would that be the problem of rising standard of living which Greeks realized the last decade due to the EURO? Yeah, 21% unemployment is tough. But that also means Greece has 79% employment-after the last two tumultous years. Not great, but better than the 60% employment Greece would have with a departure from the EUROZONE. Further, it is not the EURO which has caused the problem, it's the borrowing and spending of Greek governments. Outside of Greece, Portugal and Spain the rest of the EUROZONE is doing just fine. If Greeks let this nitwit Alexis Tsipras take power they will find out that there are worse things than the austerity plan. Trust me.

2. LOUIS TSAKIRIS wrote on May 13, 2012 7:26 PM	First if Greece goes back to the drachma a thousand euro pension in drachmas in two months will be worth about a third.whole extended families live off these pensions it will catastrophic. You agree or disagree with the pension system,at this point and time it's the only steady money to the Greek population !

3. Philip Vorgias wrote on May 13, 2012 8:00 PM	The Greeks don't want to hear the facts Louis, they just want to express their anger. Passion is a Greek trait and always has been. That's why you never want to make critical decisions in a moment of passion-it temporarily disconnects the brain and short wires it to the testacles. Greeks need to sit back, reflect on the end result of their options and make an educated decision based on the least unpleasant option put in front of them-not use the opportunity to 'flip off' Germany in the voting booth. It is not the Germans who will feel the real pain if Greece gets chucked out of the EUROZONE.
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