As he assess the situation , prior to the meeting to be held on Wednesday 24th July with the EuroWorking Group with regards to the 2,5 trillion to be granted as a bailout for Greece, Mr. Soiblue’s underlines that the Greek Government have not met the full 22 points needed for the go ahead to Greece being granted a bailout. In fact they have only met 5 out of the 22 points set on the table by the Euro group, on 8th July 2013.

The German Economic’s Minister admits, the bailout to be issued has been delayed, due to the delay of a report Trioka needs to produce with regards to the course of the economy in Greece. Further more, he made it known that the German Govenment is to decide for the 2,5 trillion euros bailout to be granted for Greece by 29th July 2013.

In reposponse to this situation The Ecomomics Minister of Greece:

The Ecomomics Minister, however, assured that there is no issue of the bailout. After having confronted the general minister it was clearly stated that Mr.Wolfgang Soiblue’s statements were made without him knowning that today the instalments were paid with the new Taxation code, together with the new FEC multilegal document… 

It seems that the Greek Government is bending over backwards trying to meet the demads imposed on Greece pof this bailout. The question in the minds of many people throughout Greece is that why do we need this bailout? To most it is like a ‘rock around’ our necks. With unemployment soring to the hights of 26% in a Summer Tourist Season, just imagine what will happen without growth in winter. 

It would have been more assuring, productive discussions would be made. Instead of selling out to debt, it would have been wiser to talk of plans of utilizing the Natural Ecological Resourses we have to produce ENERGY. More over, many other solutions could have been placed on that table such as a German Group working together with a Greek Group in ecological manufaturing in Greece rather than throwing paper money in the air. Enslaving a Nation into paying taxes without employment is inhumane. Training Programs together with technological know how in industry is the solution to be discissed. Would that have been better than imposing AUSTERITY?

~Debbie Papadakis.