That’ll help their popularity! Eurocrats PUNISH Greece over aid for starving pensioners
THE EUROPEAN Union has pushed Greece to the brink of economic collapse after the Eurozone lenders halted a 45 billion euro loan to help the already struggling country.
By JON ROGERS
Express.co.uk
Sat, Dec 17, 2016
The deal, equivalent to £37.7bn, was to be given to Greece to assist the struggling country with short-term debt relief as it is already mired in economic problems – a deep recession and soaring unemployment – and is struggling to cope with the influx of migrants that have landed in the country from north Africa.
The funds that had previously been promised, which were to be used to shore up Greek banks’s liquidity, have now been halted after the government, led by the left-wing Syriza leader Alexi Tsipras, promised to make a one-off payment to pensioners in December.
The move looks certain to ignite yet another flare-up of already fragile relations between Greece and the bloc which is very likely put the cohesion of the EU on an increasingly fragile footing.
Not only will the Greek banks now continue to struggle but it will now also exclude the country from EU discussions over its quantitative easing strategy.
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