Indian Trade Links - Inside Story - Bailing out Greece, again
Added: Feb 22, 2012
From: AlJazeeraEnglish
Duration: 25:7
Eurozone ministers have agreed to provide a rescue package to the tune of $170bn to save Greece from bankruptcy. But can Greece deliver on its undertakings this time around, and at what cost? Guests: Fokion Zaimis, Vicky Pryce, Constantine Michalos.
Channel: News
Tags: central bank finance greece fokion zaimis economy european commission vicky pryce mike hanna politics military spending brussels insidestory austerity measures youtube athens international monetary fund aljazeera european union eurozone street protests constantine michalos bailout banks
Rating: 4.75' max='5' min='1' numRaters='16' rel='http://schemas.google.com/g/2005#overall ( ratings) Views: 1736 Comments: 45
TwinFlameify Says:
Feb 22, 2012 - greece doesnt belong to greece no more. it belong to the elites now. SAD day in hostory
TwinFlameify Says:
Feb 22, 2012 - No they wont, greece will go bankrupt within a month, wait and see... then euro will collapse and all out war will start.
povertyincanada Says:
Feb 22, 2012 - Greece is still nothing compared to the greatest elephant in the room that is Italy (Southern Italy) They are the champions of all kind of frauds to the EU and they have been living beyond their means for decades , what Greece is doing to the EU Southern Italy has been doing to northern Italy for decades
mweibleii Says:
Feb 22, 2012 - At 3:33 he says the European stability mechanism is 666 Billion Euros. But the number is actually 600. That's odd given all the superstition around 666.Anyone else find that disturbingly weird?
mweibleii Says:
Feb 22, 2012 - Sorry that 666 is at 3:28
offkilterent Says:
Feb 22, 2012 - It seems to me that Greece will not recover and to continue to get worse in time until the inevitable collapse. I know if they default on their debt it will most likely trigger other bigger economies like Italy and Spain to do the same which would lead to the destruction of the Euro and possible the EU. Then it would be a world wide recession/depression. Isn't that where we are headed anyway? rip off the bandage, let's start the healing.
campeona5 Says:
Feb 22, 2012 - Nothing but a bailout of Europe's insolvent banks... and the Greek constitution is about to be changed to reflect this!
supablackman85 Says:
Feb 22, 2012 - God bless the Greek people! These people are innocent. Why does a school teacher, police man or a small business owner who have played by the rules have to pay for the sins of bankers and stupid corrupt politicians. Outrageous!!
supablackman85 Says:
Feb 22, 2012 - There is a saying that goes- Men lie, women lie but numbers dont! Check the statistics on Turkish economic growth under Erdogan's leadership. Dont make false racist statements.
shussey100 Says:
Feb 22, 2012 - No hope for that country. There is NO dynamism in there economy. It's their nature. They are not suited to modern life.
yourtreat2 Says:
Feb 22, 2012 - "again"Exactly.Greece will default, and with it the Greek Oligarchy will ultimately collapse.
yourtreat2 Says:
Feb 22, 2012 - "No hope for that country. "Eye's wide shut, you think that the US isn't going to go down the same way, eh?Buckle up.
antonKASA2007 Says:
Feb 22, 2012 - banks rob greece and slaved by big interest loan and put it more in debt...that there will be no more greece,but a getho at least 90% of it...and the same for other countries...and this is a crime done against the countries and their people by the world banks...the world elites
Edgebotv4 Says:
Feb 23, 2012 - @supablackgreeks...play by the rulestalk to some actual Greeks about the rampant tax evasion , low retirement age and generally fraudulent business practices, bribery and corruption
SpreadingTruths Says:
Feb 24, 2012 - I could fix Greece. I would eliminate all pensions, welfare, and all entitlement programs. I would repudiate all debt. I'd make a new currency based on precious metals. I'd eliminate most government spending. I'd kick out jew bankers. I'd take back all national assets that the banksters stole. I'd increase manufacturing jobs and tourism. I'd decrease the power of the unions.
TheoCy Says:
Feb 27, 2012 - and go back to stone age. The system is not flawed, it's as good as it can get. The problem is the people that control the system. And as long as humans are humans, these people will control the system and our lives. Quit daydreaming
indalecio21 Says:
Feb 29, 2012 - I am Greek.All i can say is...fuck this shit.No bailout.Let us go bankrupt..at least then we would be able to produce our own goods and survive as we always did.How will i survive with minimum wage of 430 Euros when monthly Food costs 150-200 Euros,electricity 200 Euros,Water 100 Euros and taxes are at 23 %?HOW!How will my children live in this world?You call me a thief,lazy,stupid...I have 2 degrees.I work 48 hours per week,sometimes even more and always payed my taxes...Fuck this shit
indalecio21 Says:
Feb 29, 2012 - Dont mind racist comments.Some people are mad.Turkey must NOT enter EU.This will be the end of it.All of them are corrupted goverments that treat people like cuttle.They dont care about the people,they care just to feed the banks and destroy the future of everyone.This is all fucked up.I really hope a Ufo appears and shouts to the entire earthWAKE UP FOR FUCKS SAKE...
denis898989 Says:
Feb 29, 2012 - stop blaming eu and start makign greece great again. half of european states have been living in a fairy tale including greece, italy, spain. how on earth can greece have average wage 600 euros, their neighbours bulgaria 350 and albania 240. the only difference is, greece has the infrastcuture, but greece has or used to to have the same social social benefits as the uk, france and holland. what does greece make? feta, uzo and tourism. can this indusrty compete with germany? france , i think not
denis898989 Says:
Feb 29, 2012 - also greece the has the highest gdp spending on the army , it has a profesional standing army around 140 thousand, with 10m people and germany 250 thousand with 80m people wtf?, this is called living in a fairy tale . default,hang the politicians, face the consequences and build greece again
turboscript Says:
Feb 29, 2012 - Special Thought for our Dear Friend ACTA :You Will Rest In Peace If You Want To Fight Against Sharing,We Don't Want Your Know(Less)Edge !!!Stop Patent Knowledge You doesn't own at all,Will you pay for pythagore's theorem, each time you use it ?In that case,Greece Should have all rights reserved on Democraty conception and many more,How will you pay them ?
turboscript Says:
Feb 29, 2012 - Spread my words, i don't put copyright on it !!!
Idkanymore Says:
Mar 1, 2012 - umm thats what got Greece in trouble someone created Euro and look where we are now. youtube Nigel Farage
Idkanymore Says:
Mar 1, 2012 - Hello! they cut the salary in half and most of it goes to the government which they did not elect he was imposed so tell me now why should they pay for the government's mistakes?
SL4yb Says:
Feb 22, 2012 - ignorant stereotype consumer..