Greek austerity disaster continuing

Dear Kitty. Some blog

Greek austerity facts and myths

Facts and myths: the left plot shows the average number of hours of work in Greece, Portugal, France and Germany (from 2000-2016). Debunking the myth of the ‘lazy Greeks and other South Europeans’ versus ‘industrious Germans and other North Europeans’, propagated by the corporate media in the European Union, especially its northern member states.

The right plot shows the fall of Greek GDP since 2008. Showing the disastrous effects of the austerity policies imposed by European Union, European Central Bank and IMF.

From the Investig’action site:

Greece has been a laboratory on a way out of a capitalist crisis” – interview with Mariana Tsichli

04 Jul 2017

Ricardo Vaz

The crisis in Greece has no end in sight. While the media cheered a recent agreement between the Syriza government and creditors, there is no escaping the reality of an unsustainable debt, a

View original post 173 more words

About sdbast

Twitter profile @sdbast
This entry was posted in Politics. Bookmark the permalink.

Leave a Reply

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

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

Google photo

You are commenting using your Google 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 )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.