Drachmonian measures for Greece.

September 29, 2011 § Leave a comment

Things are not looking good for Greece. A property tax has been passed that will be collected by means of utility bills. At least that’s the idea. Drachonian measures. Citizens take to the streets to show their opposition — but the government and in fact the country is under pressure from Northern Europeans to reform and restructure debts. Among them, of course, Germany — whose position is often colored more than a little by Schadenfreude. How this all works out is hard to see. And this is only the beginning of the Euro crisis.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

What’s this?

You are currently reading Drachmonian measures for Greece. at Gravity7.

meta

%d bloggers like this: