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MEPs Slam Latest Greek Bailout As "Social Armageddon" from Seeking The Truth's blog

Lawmakers in the European Parliament have sharply condemned the latest Greek bailout deal - reached after weeks of negotiations - which they say will lead to "Social Armageddon" and "too high a price to pay." As SputnikNews reports, heated exchanges over the state of play of the Greek macro-economic adjustment program were seen in the European Parliament this week, and divisions are also very evident within the Troika itself as obvious need for debt relief (IMF) is scuttled by Germany and the Eurogroup. On Monday (May 9th), The Eurogroup, Monday (May 9), agreed the latest package of measures for Greece to implement as part of the latest bailout deal.


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By Seeking The Truth
Added May 12

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