Are We Seeing Our Possible Future Through Greece

26 Jun

Starving Greeks queue for food in their thousands as debt-wracked country finally forms a coalition government… but how long will it last?

  • Queues form as desperate people received food handouts from Crete’s farmers
  • Antonis Samaras sworn in as prime minister as head of conservative-led three party coalition
  • New coalition vows to renegotiate crippling bailout agreement to ease burden on debt-crippled country
  • Greek stocks rose marginally in response to the coalition deal
  • Greece had been effectively ungoverned after two election in six weeks resulted in political stalemate
  • Country struggling through a fifth year of recession, with unemployment spiraling to above 22 per cent
    Leader of Democratic Left says coalition will ‘lift those measures that have literally bled society’

Starving Greeks queued around the block for free food handouts yesterday as the country’s politicians managed to end a crippling stalemate to form a coalition government.

Young children as well as the elderly waited in line in Athens to collect the parcels of fruit and vegetables donated by farmers from Crete to help ease the devastating austerity faced by many Greeks.

But as hungry people collected food, a few miles away a new conservative-led alliance was formed, vowing to renegotiate the country’s strict European bailout in a bid to breath economic life back into the debt-stricken country.

Lifeline: Hundreds of poverty-stricken Greeks are queuing for free vegetable handouts as politicians finally agree to form a coalition government

Read more:–long-last.html#ixzz1yxaDQzqX

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Posted by on June 26, 2012 in Uncategorized


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