Thursday 8 December 2016

Time to abandon cant about Greek bailout

Published 13/07/2015 | 02:30

Greek riot police stand on the stairs leading to the Greek parliament as a leftist protester waves a rainbow calling for a 'NO' to any agreement with the creditors which would lead to further austerity measures for the nation (Getty Images)
Greek riot police stand on the stairs leading to the Greek parliament as a leftist protester waves a rainbow calling for a 'NO' to any agreement with the creditors which would lead to further austerity measures for the nation (Getty Images)

The gates of a kind of economic hell have been opened upon the Greek people. All Irish people sympathise with their plight and hope lasting remedies can soon be put in place.

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But finding lasting solutions for that country's economic Armageddon will not be easy and it is long past time that everyone in Greek and EU politics faced that reality. Greece is entitled to solidarity and support, no matter what option is chosen - but that does not equate to open-ended access to their fellow EU citizens' taxes.

Nearer home, it is very galling to note that the would-be advocates of Ireland "standing up to our Troika masters" continue their pointless, confusing and time-wasting harangues. Without resources, standing up to debtors makes everything worse.

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