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marmar

(77,090 posts)
Wed Aug 15, 2012, 07:35 AM Aug 2012

Greek Government Could Collapse


from In These Times:


Greek Government Could Collapse
By Bhaskar Sunkara


In June, I wrote gloomily about the radical SYRIZA falling just short of the votes needed to lead a government of the Left. Instead, Antonis Samaras, New Democracy’s leader, took power alongside the Panhellenic Socialist Movement, long the voice of Greek social democracy, and the smaller Democratic Left, a right-wing split from SYRIZA.

Samaras had the world’s backing. He was the respectable candidate, capable of playing ball with the international lenders that Greece has been beholden to ever since a 2009 sovereign debt crisis. That crisis began after investors feared that the country would be unable to pay back its growing public debt. But just days after his government announced another £9 billion in cuts, the coalition’s seams are already showing.

The continued working class resistance isn’t surprising. Pensions and other public sector benefits are being reduced drastically, the retirement age is rising to 67, and the social safety net—including even hospitals and schools—is being sliced up and sold to the highest bidder. .................(more)

The complete piece is at: http://www.inthesetimes.com/uprising/entry/13647/greek_government_could_collapse/



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Greek Government Could Collapse (Original Post) marmar Aug 2012 OP
Du rec. Nt xchrom Aug 2012 #1
I can't wait for everything associated with neo-liberalism to malaise Aug 2012 #2
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