Eurozone approves Greece bailout

myp

Jan 2009
5,841
50
The Eurozone in collaboration with the IMF (International Monetary Fund) have agreed to a 110 billion Euro bailout of struggling Greece. The bailout will come with restrictions and Greece is expected to make some big spending cuts. The bailout must still be approved in several Parliaments of EU member countries.

story: http://news.bbc.co.uk/2/hi/business/8656649.stm
 
Apr 2009
1,943
5
Disunited Queendom
I think the People should dissolve any Government, and arrest any leaders that will take one penny from the IMF for treason. If they won't go peacefully, light the damn molotovs.
 
Mar 2009
2,188
2
Although it is a very good plan to bail out Greece, I'm worried about the austerity measures, and how they will applied by a Government that has already shown how corrupt it is. Wouldn't it have been better, along with the bail-out package, for the EU to insist on new elections and a new Government?
 
Apr 2009
1,943
5
Disunited Queendom
There were new elections recently. They have proven themselves as irresponsible, as corrupt, as violent and as contemptuous of ordinary people as the last.
 
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