Tuesday, 23 February 2010

Greeks now quite stroppy

Tomorrow there will be a general strike in Greece aimed at closing every public service and grounding every aircraft. As a prelude the stock market in Athens has been picketed, although trading is continuing.

Athens: Stock market blockade

It's too early in the year for the strike to have a major disruptive effect but if it's the first of many we could be looking at a very harmful loss of tourist business by the summer.

The Greek people seem to think they are the victims of international bankers trying to profit from their misery, but really they only have themselves to blame: they lied to get into the euro and have been paying themselves more than they earn for decades. Chickens cannot be prevented from coming home to roost forever.


No comments: