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In other words, the Greek austerity plan is working so well, the country now finds itself resorting to wartime measures. As Market News reports, "The drivers had been on strike for three days through Wednesday, protesting a government effort to open up their profession, which is part of the austerity package agreed by Greece in exchange for up to E100 billion in loans from the Eurozone and the IMF. About 70% of gas station owners say they have run out of supplies, while shortages of food and other goods have also been reported, affecting tourism at peak season."
Amusingly the Greek economy resumes its collapse despite the ever louder lies by one version of G-Pap or another that the country's economy is now stronger than ever. Odd then how this works with increasing numbers of striking people: perhaps Greece should fire everyone and see its GDP shoot up by 100%?
Here is the link to the original MarketNews article.
And still the Euro is soaring, and PIIGS debt spreads over Bunds have shrank significantly.
Clearly the market was so impressed with the stressless EU stress tests, that nothing else matters right now
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