Previous Week The European world is in Some
Tensions Regarding the Parliament Elections in Greece. The Hardline Leftist Party Syriza Came on Power Under the
Leadership of Alexis Tsipras .
Greece got a young Prime minister in his History.
Why Greece Supported the Leftist
alliance..?
Answer is also simple Due to Financial
Crisis facing by the country. First of all we have to go through the Causes of
financial crisis. Country Fallen in a big financial crisis after the 2004 Olympics
which are conducted by the Country. For Recovering from these Crisis Greace Received
an amount of 240 Billin Euro as Loan from European Union , European central Bank and
International Monetary Fund (IMF).
After that country Forced to Implement
Austerity measures to complies the conditions given by the ECB and IMF . The Government Assets Privatised . Outlined Structural reforms Implemented . The payment of the bailout was
scheduled to happen in several disbursements from May 2010 until June 2013. Due
to a worsened recession the
country Failed to Resore the economy. These Facts leads the country to a Huge
Crisis. Ie
The National Debt Reached 175% of GDP.
1/3rd of the people 1 crore
became below Poverty line. The Pensions and wages are Reduced .
Unenployment reached it’s maximum. Millions of people migrated to other
countries. This Angry of the Public reflected in the result of Parliament
election this Lead to the rise of the New Leader who are Known as Che- Guera of
Greece ie Tsipras who are graduated from
Greece Technical University as a Civil Engineer
Tsipras Declared
in Campaign that Greece Will stop the Austresity and they will not repay the
Debt.
Now The Whole world Watching the
Political Changes in Greece
Is Tsipras Bring a Revolution in
Greek History..?
What Measures will Take Tsipras to Over Come the Crisis..?
Is Europe is Again Going towards
Socialist Ideology..?
We have to Wait for that
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