Sunday, 20 September 2015

Another day another Greek election

There they go again. Voting. Not sure how many will bother this time. The EU has told them their future and yet they continue to insist on "democracy"! The Greek economy was run disgracefully and the downfall has come. But the EU has messed up massively in trying to help and thereby save the Euro:-

"Voting has begun in Greece's general election, with opinion polls indicating a tight race between the left-wing incumbent Syriza party and the conservative New Democracy.

The snap election, Greece's fifth in six years, was called after Syriza lost its parliamentary majority in August.

Syriza leader Alexis Tsipras's popularity plummeted after he agreed a new bailout deal with European leaders.

The bailout involved austerity measures which Syriza had vowed to oppose.

Greece is mired in a deep financial crisis and whoever wins Sunday's election will have to oversee further tough economic reforms.

The BBC's Richard Galpin in Athens says whichever party wins is unlikely to get enough seats to form a government alone.

That could mean a period of political instability just as deadlines loom for the implementation of a series of key financial reforms, he adds."

For the rest of the article see here.


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