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The mood in Athens is getting irritated: The police union threatened troika inspectors now with arrest.
The crisis demands more curious still come to: The Executive Board of the police union in the country (POESY) threatened to arrest the inspectors from the EU, IMF and ECB. According to the union, the troika trying to overturn the harsh austerity measures, the democratic order.
They also try to violate the "national sovereignty" and to steal from the Greek people essential goods.
"We warn you that we will demand the immediate issuance of arrest warrants," it said on Friday including a written statement which was sent to the Troika representatives. Friday was also a leaflet distributed at the "Wanted" (search) and was presented for the arrest of "Troikaner" one euro as a reward in prospect.
Greece's largest police union has threatened to issue arrest warrants for officials from the country's European Union and International Monetary Fund lenders for demanding deeply unpopular austerity measures.
In a letter obtained by Reuters on Friday, the Federation of Greek Police accused the officials of "...blackmail, covertly abolishing or eroding democracy and national sovereignty" and said one target of its warrants would be the IMF's top official for Greece, Poul Thomsen.
"Since you are continuing this destructive policy, we warn you that you cannot make us fight against our brothers. We refuse to stand against our parents, our brothers, our children or any citizen who protests and demands a change of policy," said the union, which represents more than two-thirds of Greek policemen.
Revolution usually means a significant change within a country but even if this happens in Greece, it won't actually change anything. The money will still be owed, they will still have no money to pay wages, pensions, benefits, etc.
Plus apparently they falsified the balance sheet to get into the EU - though I can't believe this wasn't known at the time.
Could it be that Greece was a domino set up to fall?
They grow their economy by increasing exports, moving more manufacturing based rather than government employee based.
They have to raise more cash by mid February simply to pay workers this month. Shirking off the banks will not achieve this.
Greece is actually caught between a rock and hard place - whatever they choose, they are screwed for the foreseeable future.
The reality is that they need more financial injections simply to carry on as a functioning nation.
A popular revolution, installing new leaders and ideas will make absolutely no difference to the reality of the situation they face - a few months down the line people would realise this and be back to square one.
You cannot have an effective economy where more than 50% of the population are employed by the state without storing up huge problems down the line, as Greece is now discovering to its' cost.
The global repercussions from a Greek default would guarantee financial institutions would not touch Greece with a barge pole for years without huge guarantees and ridiculous interest rates, and even these would take time before they started trickling in again.
Unless there is a concerted global action about financial reform nothing will change - that is the system in place and until something replaces it, that is the system Greece will have to deal with.
Originally posted by starchild10
I'm torn on this. In one sense I want them to stick it to the banksters and Euro rule but there again they HAVE been living the life of Riley at Europes expense. Plus apparently they falsified the balance sheet to get into the EU - though I can't believe this wasn't known at the time. Could it be that Greece was a domino set up to fall?edit on 10-2-2012 by starchild10 because: (no reason given)
I'm similar to you in this respect, the have been sucking at the t*t of europe for ages with no thought on how to pay back
Workers in South Korea have the longest and fastest declining work hours among OECD members. The working hours have steadily fallen every year since the 21st century began, declining from 2,512 hours in 2000 to 2,193 hours in 2010. The amount of working hours falling every year has also increased significantly, accelerating the decline. Between 2000 and 2001, only 13 hours declined, leading to a 1.6% decline. However, between 2007 and 2008, a quadrupled 60 hours declined, leading to a 6.8% decline. At this speed, the next longest working country, Greece is likely going to overtake South Korea soon as its 2,109 working hours in 2010 fell only by 10 hours from 2009.,