Greece is facing problems not unsimilar to those faced by Ireland recently - a crisis brought on by greedy bankers and corrupt and incompetent politicians
Ireland reached a settlement with the E.U. by adopting policies which made the poor pay for the greed, corruption and incompetence - it had no problem in getting an agreement from Europe
The recently elected Greek Government refuses to take that road - fair play to them.
I always suspected the idea of a 'Common Market' was to allow it to maintain political, social and economic status quo among it's member countries - what is happening now confirms that to be the case - it is a political set up rather than an economic one.
Its position was summed up nicely today by the European spokesman who described the decision to hold a referendum on whether to accept the terms of the compromise as, 'a dishonest betrayal' - let the politicians who got the country into a mess decide - ****
what the people think"
"Greece living beyond her means" - you have to be joking.
She is an economically sharply divided country , largely rural, with a large rural poor and a small wealthy elite, based in the cities - you only have to drive out of the towns to see the real situation.
Whatever is decided, the Greek government has my good wishes.
Jim Carroll