Greek Austerity: Reforms Failing Despite Billions in Bailout Funds – SPIEGEL ONLINE

This is an excellent article and a RECOMMENDED READ. Check it out!

via Greek Austerity: Reforms Failing Despite Billions in Bailout Funds – SPIEGEL ONLINE.

Despite all the pain in Greece, the structural reform seems very slow to emerge. Perhaps, all the cultures really are different in Europe and German national housekeeping is not transferable?

Coat of arms of Greece since 7 June 1975.

Coat of arms of Greece since 7 June 1975. (Photo credit: Wikipedia)

Any thoughts?

 

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BBC News – Food bank charity attributes growth in usage to welfare reforms

This is an important story reported by the BBC. It’s a MUST READ in my view. Check it out!

BBC News – Food bank charity attributes growth in usage to welfare reforms.

With David Cameron’s Government responsible for poor growth in both the economy and jobs because of excessive austerity, I reflected on the following open question about the strong growth of food banks:

Have austerity driven governments’ abandoned the underside of society or is growth in food banks a function of bungled bureaucracy?

Any thoughts?

Food Bank

Food Bank (Photo credit: Bread for the World)

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