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Troika to PIIGS: Shut Up and Take Your Medicine

Submitted on November 13, 2011

By Mike Epitropoulos - Znet

The mainstream press around the world is jubilantly covering the change in leadership in both Greece and Italy, as the people in those countries and the other “PIIGS” continue to have harsh austerity measures imposed upon them...In both cases, the Troika...have been putting heavy pressure on these already-conservative governments to step up the speed and severity of cuts in social spending, cuts in the public sector and wages, and of course privatizations.

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  • Feed: Mostly Water News
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