Monday, 26 September 2011

'Back to the 1960s'

Another entry that is connected to the Greek debt crisis.

Yesterday, a Greek minister (by a strange twist of fate bearing the same name as the Greek dictator's brother and regime official) made a comparison between the current financial situation in Athens and the one around the time of the Greek Colonels' regime, and expressed the opinion that Greece's exit from the eurozone would lead the country 40 to 50 years back.

According to BBC News:

'Greece's minister for international economic relations, Constantine Papadopoulos, said leaving the euro would be "catastrophic" for Greece.
"I personally think [leaving the eurozone] would take us back to the 1960s or 1970s,"he told the BBC's Andrew Marr programme.
He later clarified that he was not referring to the political situation at the time, when the military took power in a coup, but the standards of living and the structure of the economy.'

Here's the full article.

And here you can see an interview he gave to SKY NEWS more recently:

No comments: