UNISONActive is an unofficial blog produced by UNISON activists for UNISON activists. Bringing news, briefings and events from a progressive left perspective.

Friday 30 August 2013

Troika’s junta style policies asset stripping & crippling Greek economy

The IMF-EU troika is accelerating Greece's €20bn privatisation programme by forcing the government to cede state owned assets to a Luxembourg-based holding company that would take care of their sale to private buyers:
http://www.reuters.com/article/2013/08/29/us-eurozone-greece-privatisation-idUSBRE97S0EJ20130829
   ETUC economist Ronald Janssen analyses a study which finds the troika's scenario of economic recovery in Greece to be over-optimistic and predicts that unemployment could reach close to 35 per cent in 2016 under the current trajectory:
http://www.social-europe.eu/2013/08/greece-can-it-get-even-worse/