Welcome to The Conservative Cave©!Join in the discussion! Click HERE to register.
0 Members and 1 Guest are viewing this topic.
It's an AP article, so all I can give is the title (above) and the link.http://hosted.ap.org/dynamic/stories/U/US_MAPPING_GREECES_EXIT?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-06-16-09-58-56Again, "may you live in interesting times." We do.
Starving Greeks queue for food in their thousands as debt-wracked country finally forms a coalition government... but how long will it last?Queues form as desperate people received food handouts from Crete's farmers Antonis Samaras sworn in as prime minister as head of conservative-led three party coalition New coalition vows to renegotiate crippling bailout agreement to ease burden on debt-crippled country Greek stocks rose marginally in response to the coalition deal Greece had been effectively ungoverned after two election in six weeks resulted in political stalemate Country struggling through a fifth year of recession, with unemployment spiraling to above 22 per centLeader of Democratic Left says coalition will 'lift those measures that have literally bled society'By Daily Mail Reporter PUBLISHED:09:56 EST, 19 June 2012 | UPDATED:19:59 EST, 20 June 2012Starving Greeks queued around the block for free food handouts yesterday as the country's politicians managed to end a crippling stalemate to form a coalition government. Young children as well as the elderly waited in line in Athens to collect the parcels of fruit and vegetables donated by farmers from Crete to help ease the devastating austerity faced by many Greeks. But as hungry people collected food, a few miles away a new conservative-led alliance was formed, vowing to renegotiate the country's strict European bailout in a bid to breath economic life back into the debt-stricken country.Conservative Antonis Samaras was sworn in as prime minister and head of a three-party coalition that will uphold the country's international bailout commitments.The move ends a protracted political crisis that had cast grave doubt over the country's future in Europe's joint currency and threatened to plunge Europe deeper into a financial crisis with global repercussions.
Greece still has the euro, Spain got a bailout. It seems everything is waiting till after the US election.
Page created in 0.066 seconds with 30 queries.