{"id":10022,"date":"2015-07-14T06:34:36","date_gmt":"2015-07-14T11:34:36","guid":{"rendered":"http:\/\/olduvai.ca\/?p=10022"},"modified":"2015-07-14T06:34:36","modified_gmt":"2015-07-14T11:34:36","slug":"it-starts-greeks-rebel-against-bailout-risk-collapse","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=10022","title":{"rendered":"It Starts: Greeks Rebel Against Bailout, Risk Collapse"},"content":{"rendered":"<h3 class=\"entry-title\"><a href=\"http:\/\/wolfstreet.com\/2015\/07\/13\/its-starts-greeks-rebel-against-bailout-risk-collapse\/\" target=\"_blank\">It Starts: Greeks Rebel Against Bailout, Risk Collapse<\/a><\/h3>\n<p>Greece\u2019s union of civil servants, Adedly, called for a 24-hour strike on Wednesday, and for a series of demonstrations, the first one tonight at Syntagma Square, just below the Parliament, and another one on Wednesday evening, when Parliament is expected to vote on the new, even tougher, and immensely hated bailout package.<\/p>\n<p>The union for local government employees, Poe-Ota, also called for a 24-hour strike on Wednesday, the\u00a0<a href=\"http:\/\/www.liberation.fr\/economie\/2015\/07\/13\/grece-le-syndicat-des-fonctionnaires-appelle-a-la-greve-mercredi_1347409\"><u>AFP<\/u><\/a>\u00a0reported. Two other demonstrations against austerity and the \u201ceuro\u201d are planned for Monday night, one organized via social networks, the other by Antarsya, an anti-euro party that didn\u2019t make it into Parliament.<\/p>\n<p>It would be the first strike against the leftwing Syriza coalition since it came to power six months ago. An ironic plot twist in this tragedy.<\/p>\n<p>Syriza was the big force in the demonstrations against the two prior bailout packages, totaling \u20ac240 billion from taxpayers in other countries, conditioned on\u00a0economic reforms pushed through Parliament by the conservative governments at the time. Now Syriza is looking\u00a0at having to pass\u00a0even tougher measures,\u00a0including an increase in the Value Added Tax and pension reform, in return for only \u20ac86 billion in new money from taxpayers in other countries.<\/p>\n<p>Syriza\u2019s junior coalition partner, the Independent Greeks, is already getting cold feet.<\/p>\n<p>\u201cThe agreement speaks of \u20ac50 billion worth of guarantees concerning public property, of changes to the law including the confiscation of homes\u2026 We cannot agree to that,\u201d<a href=\"http:\/\/www.reuters.com\/article\/2015\/07\/13\/us-eurozone-greece-coalition-partner-idUSKCN0PN22I20150713\"><u>explained<\/u><\/a>\u00a0Panos Kammenos, the party\u2019s leader, adding that the party would nevertheless remain in the coalition. With \u201cconfiscation of homes\u201d he probably meant foreclosing on homes with defaulted mortgages.<\/p>\n<p><span class=\"Apple-style-span\">Prime Minister Alexis Tsipras is already struggling with strong dissent within Syriza. But ironically, the pro-euro opposition parties, those maligned creatures that ran the show before, may support him in getting these despised measures passed.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It Starts: Greeks Rebel Against Bailout, Risk Collapse Greece\u2019s union of civil servants, Adedly, called for a 24-hour strike on Wednesday, and for a series of demonstrations, the first one tonight at Syntagma Square, just below the Parliament, and another one on Wednesday evening, when Parliament is expected to vote on the new, even tougher, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[2872,195,200,236,279,280,1167,2286,690,7271,2236,4254,4255],"class_list":["post-10022","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-alexis-tsipras","tag-debt","tag-default","tag-economic-collapse","tag-eu","tag-euro","tag-greece","tag-greek-parliament","tag-risk","tag-syntagma-square","tag-syriza","tag-wolf-richter","tag-wolfstreet"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10022"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10022\/revisions"}],"predecessor-version":[{"id":10023,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10022\/revisions\/10023"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}