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.