Wednesday, May 30, 2012

the deal

so to review: in return for bailout money from the EU "troika" to keep its government services running, greece overhauled its tax code, made deep cuts to those government services, and repealed and revised much of labor laws to reduce employees' rights and to favor employers. this caused massive economic problems for greece, sky-high unemployment and economic misery for much of the greek population. but at least they got the money, right? nope, almost all of it is going back to the troika.

are they just ransacking the greek economy for fun?

(via atrios)