Leaked IMF convo about ominous ‘event’ in Greece, ultimatum to Germany triggers Athens’ backlash — RT News

IMF Headquarters, Washington, DC.

IMF Headquarters, Washington, DC. (Photo credit: Wikipedia)

RT reports that Greece is demanding an explanation from the IMF, which, according to leaked internal discussions, had been mulling a crisis “event” to force Athens into obedience, and threatening to leave the troika of creditors if Germany refused to provide debt relief to the country.

Source: Leaked IMF convo about ominous ‘event’ in Greece, ultimatum to Germany triggers Athens’ backlash — RT News

As I read this article, my mind reflected Greece’s history in recent years. Yes, Greece has made many mistakes but her citizens have suffered severely as a consequence. Angela Merkel deliberately chose to bring the IMF to the party to provide some economic backbone because she feared that the EU was too weak economically. Unfortunately, Merkel has rejected the conservative economic advice of the IMF and we now have the latest political scandal in this long-running saga.

Of course, the IMF has contributed to the financial crisis in Europe by demanding excessive austerity.

BUT in the wider context, another Greek crisis ahead of the UK’s Brexit referendum could send financial markets into a deep spin.

Thoughts?

Why isn’t Europe keeping its promise to resettle refugees? | World Economic Forum

This short article from WEF is very insightful. It highlights that in September, the European Union agreed to relocate 160,000 migrants stuck in Greece and Italy, but progress has been painfully slow. The article zooms in on the EU blaming Greece for not introducing border controls. Perhaps, somebody should remind the EU that Greece is still in crisis as a result of the EU’s austerity policy? Without serious money thrown at problems, it look like the EU will face increasing inertia in its immigration policies.

Source: Why isn’t Europe keeping its promise to resettle refugees? | World Economic Forum

It seems that the EU is blaming Greece but Germans know from regional election results that the real blame rests with Angela Merkel‘s rose tinted immigration policies.

This article highlights how EU immigration policy is currently unworkable and leading to increasing crime in countries like Germany.

Is it time for a major reversal of EU immigration policy?

Thoughts?