European Union political double standards #Greece

Remember when the Austrians elected their Freedom Party into government? The EU declared it an unacceptable (to them) government for being right-wing and slapped sanctions on Austria. Greece, having defaulted on its massive debts, has now elected a far-left government with a communist Prime Minister. Might one ask when the sanctions will be coming?

Greek debt vs. Nazi Germany debt #Greece #Germany #Syriza

  “Syriza, Greece’s new ruling party, makes an attractive argument for writing off Greek debt: Wasn’t Germany, now the biggest opponent of debt relief, itself the recipient of unprecedented largesse in 1953, when its foreign debt was halved? Attractive, however, doesn’t mean convincing. Parallels between today’s Greece and 1953 Germany are demagoguery, pure and simple.”…

Greece on the verge of a military "coup d’etat"

Greek government authorities are on alert after a union of Greek army reservists of Special Forces issued a statement urging the Greek administration to step down and make way for a national unity government. As Keep Talking Greece notes, the statement on the union’ website included 15 demands – including the resignation of the Greek…

The Portuguese Government Cabinet Crisis

Two days ago, the Portuguese Finance Minister Mr. Victor Gaspar presented his resignation to the Prime-minister Mr. Passos Coelho by means of a letter which turned out to be published by the media. In that public letter, Gaspar recognized his failure to deal with the finance and economic crisis due to a bad strategy adopted…