The
birthplace of democracy hasn't run out of ideas (just other people's money);
Greece's
governors and other local officials agreed on Saturday to lend cash to
the near-bankrupt central government after Prime Minister Alexis Tsipras
assured them the measure would last for only a short period of time.
Greek
lawmakers approved a decree late on Friday to force state entities to
lend cash to the central government in spite of protests by
municipalities and labour unions.
That should be less painful for the Grecians' earnings. Don't take it out of this pocket...take it out of that one! Though some aren't fooled by the shell game;
"The
state is committed to paying salaries and pensions," the government's
parliamentary speaker, Nikos Filis, told lawmakers, defending the
legislation. "The money will be earning better interest rates (than what
banks pay)."
In a symbolic protest,
municipal workers walked off the job for three hours on Friday. Some
local government officials have threatened to defy the orders, while
others have said they need more information before contributing to
central government coffers.
While they investigate how
their pensions and wages are going to be paid.
No comments:
Post a Comment