Greece faces ‘suicide’ vote on austerity
Greece will be committing “suicide” if its parliament fails to back sweeping austerity measures aimed at averting a catastrophic default, according to the head of the country’s central bank.
The stark warning by George Provopoulos, governor of the Bank of Greece, further heightened the stakes ahead of a knife-edge vote on Wednesday in the Greek parliament.
What's at stake? Why, if you believe the EU president, the fate of the world's economy...
Europe ramped up pressure on the Greek parliament Tuesday to approve drastic austerity measures, warning that it would otherwise face a swift debt default that would rock the world economy.
As Greek police clashed with protesters ahead of this week's vote, Brussels told Greece that no "Plan B" would be waiting if it failed to pass the measures demanded by creditors in return for loans needed to keep Athens afloat.
"There are decisive moments and the coming hours will be decisive, crucial for the Greek people, but also for the eurozone and the stability of the world economy," EU president Herman Van Rompuy told the European parliament.
We'll have to watch this closely. On the left, dirty socialist protesters are screaming bloody murder. Just like they will do here when our country faces austerity measures.
But there is not be a 'Eurozone' to loan us money to bail us out, and the Chinese are becoming petulant, so...
Let's watch, shall we? We can learn just how well dirty socialists behave when they are denied. Poor things.
Photos collated from here and here.
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