Greece isn’t just broken. It’s broke. Six years and 326 billion euros in three bailouts later, the economy is worse, with debt hovering around 175 percent of GDP.
Eurozone finance ministers will convene in Brussels on May 9 to confer on economic reforms, a meeting that could decide Greece’s fate.
Former Greek Prime Minister George Papandreou spoke to the American Hellenic Council in Los Angeles but found himself questioned too for his handling of Greece’s crisis.
Former Prime Minister George Papandreou said New Democracy’s former leader Costas Karamanlis created the country’s economic crisis.
Greece’s already crowded political landscape is getting a new far-right wing party which will include the nationalist LAOS that had been voted out.
New Democracy leader Kyriakos Mitsotakis said opposition parties should unite to block the policies of the ruling SYRIZA-Independent Greeks coalition.
Greek Premier Alexis Tsipras Tsipras has shamelessly reneged on pledges to restore pay, cut taxes, hike pensions, stop privatizations, and hike the minimum wage.
Greek Premier Alexis Tsipras’ coalition government won a confidence vote early in the morning hours of Oct. 8, with the Members of Parliament from his Radical Left SYRIZA party and its partner, the nationalistic Independent Greeks, after promising to impose reforms and austerity they used to oppose.
On Sept. 20 Greeks march to the polls again, some delusional fewl believing it will make a difference in their lives or the country’s destiny.
Greece’s general election on Sept. 20 ostensibly is to choose a new leader for the country but that job is already held by international lenders.