Pages

Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Sunday, June 28, 2015

Greek People Bear Brunt Of Bailout Failure

On Sunday evening, as night fell, a storm passed, just as news filtered out of the government’s decision. When this round of negotiations began to secure the last disbursement of bailout cash, few imagined a day when enforced bank holidays and the closure of the Athens stock market would be considered necessary. But now the Stability Committee has deemed it prudent to prevent too much cash from ebbing out of the Greek banking system after the European Central Bank decided not to raise the level of its assistance.


READ THE ORIGINAL POST AT uk.news.yahoo.com