The Greeks votedno to the European Union's terms, despite warnings from the EU that rejecting new austerity terms would set their country on a path out of the Eurozone. 62% voted "No" while 38% voted "Yes".
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
(Score: 0) by Anonymous Coward on Monday July 06 2015, @11:53PM
by Anonymous Coward
on Monday July 06 2015, @11:53PM (#205903)
That's a very concise - and honest - summary of the situation, as I understand it.
It's coming for other countries, too - New Zealand has a right wing government that stopped paying down its national debt, started privatising anything that wasn't nailed down, and increased the national debt by more than $80 billion. There's been no diversification of its economy while the government has been eroding worker rights and trumpeting about how marvelous it is being a low wage economy, right before blaming the low wage workers for not working hard enough. (Unpaid overtime is the order of the day for minimum wage workers.)
(Score: 0) by Anonymous Coward on Monday July 06 2015, @11:53PM
That's a very concise - and honest - summary of the situation, as I understand it.
It's coming for other countries, too - New Zealand has a right wing government that stopped paying down its national debt, started privatising anything that wasn't nailed down, and increased the national debt by more than $80 billion. There's been no diversification of its economy while the government has been eroding worker rights and trumpeting about how marvelous it is being a low wage economy, right before blaming the low wage workers for not working hard enough. (Unpaid overtime is the order of the day for minimum wage workers.)