Athens Greece Now
LIVECAM Pireas.gr | Syntagma | Ermou Street | Corfu Beach Cam | Greece Live Cam List | Greece Media List | Streaming List
Athens Greece and Ymittos b each waves, Greece

Central Athens Google Map | Omonoia Circle Livecam | Syntagma

May 26, 2012

BBC Ann Pettifor: The upside of a eurozone exit

Article at the BBC by Ann Pettifor who is director of Policy Research In Macroeconomics. She provides a history of how Greece got into the eurozone through the 'cooked books' of dishonest Greek politicians, but also through the manipulations of a banking system that sorely needed new victims. To whit:

"The good news is that poor Greece can default, defy the IMF and private bankers and escape from this debt trap.

It can cling to precious public assets. It can stop propping up a global banking system that dodges the discipline of free-market forces and hides behind the skirts of taxpayer-backed institutions like the ECB and IMF."

GREECE BY NIGHT More News - ArchivePhotos of GREECE
Greece's Golden Visa program
Advertisement: I am an Amazon affiliate

Greece Travel 2024

Athens Greece Now

Home | Information | Resources | News Archive | Photos | Book Shop | Contact | Copyright | Site Map