Tag: Greece’s Labour Rights

NOVANEWS By Leonidas Vatikiotis Defend Democracy Press The main question that prevailed in Greece till 2015, before the years of cynicism which started along with the rise of SYRIZA and the nationalistic right party of Independent Greeks in power, was whether the adjustment programs had succeeded or not. The “denials” characterized them as inefficient and aimless, judging their effectiveness by the achievement of their nominal aims; Looking for example at the size of the public debt, the Greek rescue should be taught in student amphitheatres as an epic failure. Greek sovereign debt was 115% of GDP before the rescuers landed on Greek soil in May 2010 and now, a few months before the third program ends in August 2018, it has reached 181% of GDP.[1] In the preliminary report of ...