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Greece
Jun 28, 2015 16:56:46 GMT -5
Post by Dave on Jun 28, 2015 16:56:46 GMT -5
As Greece shuts banks, fears grow of Eurozone instability HENRY CHU, Los Angeles Times, World, June 28, 2015
Athens is dangerously close to bankruptcy after days of fruitless negotiations with international lenders over a new bailout package to keep it afloat.
As the Greek debt drama hurtles toward a nail-biting climax, fears are mounting that the outcome could sink not just Greece but the euro and the idea of the European Union itself. Without a new funding deal in place, Greece will almost certainly fail to pay $1.8 billion due the International Monetary Fund on Tuesday, becoming the first developed country in history to default on an IMF debt.
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Greece
Jun 28, 2015 17:06:12 GMT -5
Post by Dave on Jun 28, 2015 17:06:12 GMT -5
35% suicide surge in Greece after austerity measures26.06.2015 | Source: Pravda.Ru english.pravda.ru/news/world/26-06-2015/131138-suicide-0/#sthash.lzOmZJpX.dpufThe austerity measures in Greece generated a surge of suicides.
The number of suicides has increased by 35% for the last two years.
Bond obligations, increase of expenses in comparison with the incomes of the citizens often lead to depression and despair amid the population and instigate further suicides. Charles C. Branas, MD have tracked the suicide rate in Greece for more than 30 years and found out that the highest monthly rates occurred in 2012.
"The passage of new austerity measures in June 2011 marked the beginning of significant, abrupt and sustained increases in total suicides (+35.7%) and male suicides (+18.5%)," the investigators write.
The tendency can be tracked in the country since the beginning of the EU economic crisis in 2008 Greece has borrowed more money from the international market than it can possibly pay back - how un-different it is from the good ol'e USA
Hard times are coming !!!!!
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