Frankfurt (AFP) - Greek banks will reopen Monday after the ECB boosted emergency aid to the crisis-hit country and eurozone nations agreed to crucial short-term funding, boosting hopes ahead of a key bailout vote in Germany.
In spite of all the huffing and puffing and bluffing, once again the Greek puppets will likely dance to the strings of the Troika and pass austerity measures required for Greece to get the next tranche of money.
Unions, lawyers, pensioners, and workers in general are not pleased with Prime Minister Antonis Samaras and have planned a major series of strikes.
I expect violence if Samaras musters the votes to pass the bills. There is likely to be violence before the vote as well.
ATHENS, Greece — The brief but intense campaign in Greece’s critical bailout referendum ends Friday, with simultaneous rallies in Athens supporting “yes” and “no” answers to a murky question in what an opinion poll suggests could be a very close vote.
Prime Minister Alexis Tsipras called the referendum last weekend, asking Greeks to decide whether to accept creditors’ proposals for more austerity in exchange for more loans — even though those proposals are no longer on the table.
The US manufacturing sector has long been a focus of many statewide and national political campaigns, as well as elected officials' trade and fiscal policies. As I noted a few months ago, many campaigning politicians' obsession with the American manufacturing sector - particularly their belief that it's in desperate need of government support - is completely wrongheaded.