Day: October 16, 2013

The tragedy of Greece as a case study of neo-imperial pillage and the demise of Social Europe

Three and a half years after the EU and IMF, the “twin monsters” of global neoliberalism, came to the “rescue,” Greece has been transformed from a developed economy into an emerging economy, posting unemployment and poverty rates that are normally associated with so-called “third world” nations, and is permanently stuck in a vicious cycle of debt, austerity and depression.

‘Shameless’ SSS board not alone, other GOCCs have ‘epidemic of thick-skinned insensitivity’

Aside from the much-criticized fat bonuses at a time when the funds’ sustainability was supposedly in danger, thus requiring a hike in members’ contributions, it turned out that the SSS executives have each been receiving $1,859 per month just for attending two board meetings, and its CEO flies abroad every two months, first-class.