The Greek Adventure. The blog about everything Greece. Ancient and modern.
Be it travel, greek food, politics, history, anything.
Some posts link to other sites, some are comments, some are original matter. Don't forget to visit often.


How Much Austerity Has Europe Actually Endured?

posted at 12:14

Quantifying the economic pain among bickering neighbors in the euro zone

by Alexander McIntyre

As euro zone leaders wait for details on Greece’s last-chance proposal for a new bailout deal, several have taken a hard line toward Syriza’s claim that austerity measures, as they stand, are unacceptable to the Greek people. Those feelings have been simmering for months. After all, people in Ireland, Portugal, Spain, and Italy have all dealt with harsh austerity measures implemented following debt crises. If these countries had to swallow the bitter pill of austerity, the argument goes, so should Greece.

As usually, I have to remind you that this post is initially published on another site.
All texts and photos I mention here, are © of their authors. I just publish a small portion of the original article and give a link to these texts and photos.
Should you think, this is an offensive use, please let me know by a comment in the post page and I'll remove texts, photos and the links!



Post a Comment

<< Home