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Greece braces for new austerity-induced pension cuts
DeutscheWelle ^ | May 7, 2016 | Jannis Papadimitrio

Posted on 05/08/2016 4:30:16 AM PDT by ameribbean expat

Greece's government is set to pass controversial pension cuts on Sunday. Retirees are livid, and unions are on strike, Jannis Papadimitriou reports from Athens.

(Excerpt) Read more at dw.com ...


TOPICS: Foreign Affairs
KEYWORDS: eurozone; greececrisis; pensions

1 posted on 05/08/2016 4:30:16 AM PDT by ameribbean expat
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To: ameribbean expat

Will Greece be the first country where the citizens explode in anger over (1) their elected leaders backing out from campaign promises and selling their future to EU bankers and (2) having to be on the front line, including the expense of it, of being forced to allow the invasion of Europe.


2 posted on 05/08/2016 4:34:27 AM PDT by grania
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To: grania

While the Swiss vote on this in June-

http://www.bloomberg.com/news/articles/2013-10-18/swiss-initiative-would-give-2-800-a-month-to-everyone-no-strings-attached


3 posted on 05/08/2016 5:13:42 AM PDT by ameribbean expat
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To: ameribbean expat

Gots to come up with someway to pay for all the GODless moosies coming
This will not end well..
Time for A new Vlad the Impaler


4 posted on 05/08/2016 5:47:38 AM PDT by Joe Boucher (500 years ago we had Shakesphere, obammys people live in mud huts still. Go figure)
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To: ameribbean expat

The free lunch Ponzi schemes are beginning to come home to roost. It’s not going to be pretty in America.


5 posted on 05/08/2016 7:18:31 AM PDT by jlindseyx42 (Namaste)
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To: jlindseyx42

So long as you have a printing press you can keep kicking the can down the road...and the road is long especially when you are also a reserve currency.


6 posted on 05/08/2016 7:42:29 AM PDT by aquila48
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To: ameribbean expat

Ain’t socialism just grand Moe.


7 posted on 05/08/2016 8:41:00 AM PDT by Vaduz (women and children to be impacted the most.)
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To: grania
their elected leaders backing out from campaign promises and selling their future to EU bankers

They need to borrow the money to pay these pensions from European bankers.

8 posted on 05/08/2016 10:26:02 AM PDT by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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