Friday, August 21, 2015

Greece’s bailout is about helping big business, not its people...

Today we have slammed the conditions imposed on Greece as part of its latest ‘bailout’ package. Campaigners say the programme is not simply misguided, but an attempt to ‘create a corporate paradise in the Mediterranean’, regardless of the level of suffering that entails.

“This package amounts to some of the most extreme ‘free market’ fundamentalism we’ve ever witnessed – even by the standards of the International Monetary Fund programmes imposed on Africa, Asia and Latin America in the 1980s. In short, it says that Greece is up for sale, and its workers, farmers and small businesses will have to be cleared out of the way.

“The purpose of the bailout has little to do with ‘repaying debt’ and everything to do with creating a corporate paradise in the Mediterranean. The debts that matter to Europe’s elite have already been repaid. Today, debt has simply become a straightjacket to discipline Greek society. The real purpose of the programme is economic restructuring, through privatisation and deregulation.

“Under the terms of the ‘bailout’, Greece is ‘up for sale’. From the national lottery to the port of Pireaus to swathes of Corfu, corporations are scrambling to get a piece of the action. Full story...

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  3. The problem of Greece is not only a tragedy. It is a lie...
  4. IMF stuns Europe with call for massive Greek debt relief...
  5. Greek prime minister Alexis Tsipras 'beaten like a dog and crucified' by EU...
  6. 23 nations around the world where stock market crashes are already happening...

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