Led by German Finance Minister Wolfgang Schauble, the EU has no mercy at all for Greece. Under huge EU pressure the country has to go on with austerity measures to find the money to pay its creditors back.

The EU memberstates and the Commission postponed some strict rules and permitted France to take a few years extra to solve its financial problems.
The EU memberstates and the Commission
postponed some strict rules and permitted France to take a few years extra to
solve its financial problems.
A wise decision. It proves that a kind of common
sense broke through in ‘Brussels’ by loosening the rigid monetary and financial
EU reigns.
But, as we have seen more
often, ‘Brussels’ has double standards! Lucky France on one side (thanks to
Moscovici, the Finance Commissioner who was previously France’s Finance Minister!),
poor Greece on the other side.
Led by German Finance Minister Wolfgang
Schauble, the EU has no mercy at all for Greece. Under huge EU pressure the country has to go on
with austerity measures to find the money to pay its creditors back.
Even when
this means that more people will be jobless, more people will have hardly
enough money to buy their daily food and not enough to go to the doctor or to
buy necessary medicines.
The
‘waterboarding’, as this humiliating EU policy for Greece was once called, goes
on.
In the meantime the fresh Greek government
has tabled new legislation envisaging 40.000 hirings in the public sector and
putting pressure on Greek social security funds to hand over hundreds of
millions of Euros to make sure that pensions and civil servants’ salaries are
paid this month.
The government is working hard to find ‘new’ money. Greek
Justice Minister Nikos Paraskevopoulos said that he is ‘ready to approve’ a
Greek Supreme Court ruling, which established that German property in Greece
could be seized as compensation for Second World War atrocities during the Nazi
occupation of Greece.
Greek Prime Minister Alexis Tsipras told his Parliament:
‘After the reunification of Germany in 1990, the legal and political conditions
were created for this issue to be solved.
But since then, German governments
chose silence, legal tricks and delay’. He confirmed that a special
parliamentary committee will be re-established to look into the issue.
A brilliant idea! If Schauble wants Greece
to pay its debts, let Germany pay its debt as well!