Saturday, June 25, 2016

Is Grexit Next?

BBC: Nervous Greeks worry Brexit may lead to Grexit

In many respects Greece has more reason than the UK to be angry with the European Union, and to want to leave.

Its people and government are embittered by the imposition of harsh austerity measures by the EU and IMF.

Those bailout conditions have brought years of deep recession and high unemployment, but have done little to reduce Greece's huge debt burden.

And as a frontline country in the migrant crisis, Greece feels let down by Brussels and EU member states, in its struggle to cope with the arrival of more than a million refugees and migrants over the past 18 months.

The anger shows in a pan-European survey published by the Pew Research Center earlier this month, in which Greeks top the table in their response to many of the questions asked.

Read more ....

WNU Editor: If it was not for the fact that Greece is completely dependent on the EU for debt servicing and assistance .... they would be voting out of the EU right now. But Greece is broke and it is dependent on the EU for assistance .... hence do not expect a Grexit initiative anytime soon.

More News On Greece And Its membership In The EU

Brexit: Referendum results met with stunned surprise in Greece -- The National
Tsipras blames Brexit on austerity, deficiencies in EU leadership -- Reuters
A year after Grexit scare, Greece faces Brexit fallout -- DW
Is Grexit Next After Brexit? Greek Stock Market Leads Europe In Losses After British Referendum -- IBTimes
Grexit Fears Back on the Table After Brexit -- Greek Reporter

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