Όλα τα άρθρα με ετικέτα: Greece

A Critique of the Austerity Proposal put forward by Syriza for Greece, and an Alternative.

It is increasingly likely although not a done deal that Greece will come to an agreement with the 19 European Union countries that use the Euro, the European Central Bank (ECB) and the International Monetary Fund (the troika) in the next week or so. The Greek proposal which can be found on the New York Times website for July 10, 2015 is similar to what the European Union proposed last week and that Greek voters overwhelmingly voted no to last Sunday, July 5th, 2015. There will be a new three year loan to the Greek government of $59 billion dollars and there will be an infusion of Euros into Greek banks so that they can reopen and make loans…