Friday 6 September 2013

Spectacle Amidst Austerity.

      The Thessaloniki Annual Trade Fair has come around, this is when the Athens puppets of the Troika put on a show in another city. Teacher Dude gives an excellent review of the coming event.

      In years gone by the political leadership would take the chance to make lavish promises and announce grand public works in the city. Indeed this approach proved so popular that five PMs in a row announced that, unlike their tardy predecessors, they would ensure that Thessaloniki's promised subway would start the following year.
      Despite the fact that the country has yet to reach budget targets and is faced with the prospect of requesting yet more bail out cash, government officials and their friends in the media have once again started making promises that public works project, long stalled for lack of cash will resume, a minimum guaranteed income will be introduced and the country will be flowing with milk and honey before the month is out.
     On the other the list of those unhappy with New Democracy and PASOK's austerity measures continues to grow and after five years of economic contraction, broken promises and despite claims that the worst is over few believe that Athens is in a position to say no to its creditors demands for yet more cuts.
      So the stage is set for a potentially violent showdown on Saturday when the prime minister will give a speech surrounded by anything up to 8,000 police and the streets fill with angry Greeks.
Read the full article HERE: 

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