Anger Aimed at Troika’s Ruthless Neoliberalism as Greece Exit Looms
‘President of the European Commission Jean-Claude Juncker delivered a speech in Brussels on Monday that observers say has dramatically escalated the tensions surrounding a referendum vote in Greece next Sunday—a vote that could ultimately result in the country’s exit from the Eurozone.
With global financial markets responding to Sunday’s announcement that Greece’s banks and stock exchange would be closed this week and the imposition of capital controls has been ordered, the crisis in Greece—or ‘Grisis,’ as its become known—has now reached a fevered pitch. On top of that, the people of the financially devastated nation have been asked to vote “yes” or “no” against a deal put forth by the so-called Troika, which consists of the European Commission, the International Monetary Fund, and the European Central Bank, in exchange for the continuation of cash infusions and extended credit.’
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