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GREECE’S NEW GOVERNMENT dramatically escalated its battle with the country’s international creditors, saying it would no longer meet with EU and IMF auditors and rejecting fresh loans offered for February.
Athens had been promised another €7.2 billion in funds from the European Union, the IMF and the European Central Bank if it completed reforms required by its lenders by 28 February.
But despite warnings Greece would shortly run out of money, hardline Finance Minister Yanis Varoufakis said his government preferred to do without the new round of funds and instead renegotiate the entire bailout package.
“This government was elected on the basis of analytically questioning the very logic of the programme now being applied,” he said, referring to the reforms and budget cuts demanded by Athens’ international creditors.
“Our first act as government will not be to reject the logic of questioning this programme by requesting to extend it,” he told a press conference.
In a New York Times interview earlier, Varoufakis made clear: “We don’t want the seven billion euros…. We want to sit down and rethink the whole programme.”
The leftist minister was speaking after talks Friday with Eurogroup chief Jeroen Dijsselbloem, the first between the anti-austerity government and the creditors behind Greece’s huge bailout.
Varoufakis said Athens was willing to negotiate with its lenders but not with the so-called “troika” of EU, IMF and ECB auditors who he said were merely a “committee built on rotten foundations”.
No deal
However, German Chancellor Angela Merkel said there should be no debt relief for Athens, a newspaper reported Saturday, adding to tensions between the radical new government and its international creditors.
“There has already been voluntary debt forgiveness by private creditors, banks have already slashed billions from Greece’s debt,” Merkel told the Hamburger Abendblatt newspaper.
“I do not envisage fresh debt cancellation.”
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These are very lonely times for distressed people with no services & with Simon and Leo’s view on the countrys future and of course their spectacular failures in their housing and health ministries is it any wonder more and more citizens are despairing about ending up homeless & on endless hospital & social services waiting lists
The breakdown/disappearance of any semblance of community in rural Ireland is a huge factor in the rocketing rise in self-harm and suicide. Personally, my view is there is no such thing as society now – rather a random agglomeration of individuals who happen to be in the same place. On the peak periods for self-harm (and worse) there is no doubt that the period between Xmas day and Jan 1st is the most dangerous. I am aware of 4 people who have taken the ultimate step away from living in that period, over the last 3 years.
Liquid courage is definitely a factor. This is no surprise. Alcohol and cutting both serve the purpose of medicating emotional pain. In the case of cutting, the physical pain is easier to focus on than the emotional.
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