The economy, the people, the heart and soul of Greece have been demolished by a lower order of bureaucratic seizure that plagues the world. It is scorched-earth economic warfare, ordinarily referred to as neoliberalism.
The newest twist/manipulation in negotiations with Troika for Greece survival (demise) in order to provide the country with €86 billion of which 90% pays off debt, 10% to the state, demands Greece cut pensions (again), raise taxes (again), privatize state assets (for a song), and deregulate (squelch) labor. Inspirational?
The country has already unloaded state assets like ports and airports at bottom-feeder prices. Gee whiz, after essentially giving away prized state assets, which “define the Greek economy and define the people,” GDP is expected to grow. How?
For example, the sale of Port of Piraeus, one of the largest seaports in Europe and the world, has served as the port of Athens since ancient times. The sale, effective April 2016 to COSCO (Chinese company), is part of creditor demands to secure a third €86 billion bailout package. The sale goes against PM Tsipras’ pre-election promise not to privatize the country’s infrastructure. But, in milquetoast fashion, he knuckled under.
Athens also sold 14 regional airports to Fraport AG on a 40-year contract worth €1.23 billion. Monopolistic assets like ports and airports are sure-fire moneymakers… now to foreign interests.
Already, because of stringent austerity measures, Greece is…