Monday, May 14, 2012

GOVERNMENT CRISIS IN THE GREECE CAPITAL ATHENS MAY RESULT IN MOUNTING UNCERTAINTY ON GREECE FUTURE ECONOMIC PROSPECTS AND THE EUROPEAN UNION INTEGRATION.

GOVERNMENT CRISIS IN THE GREECE CAPITAL ATHENS MAY RESULT IN MOUNTING UNCERTAINTY ON GREECE FUTURE ECONOMIC PROSPECTS AND THE EUROPEAN UNION INTEGRATION.


          Government crisis in the Greece capital Athens, particularly in regard to the required government formation may result in to unwanted consequences that entailed the disqualification of the election results that gave the Conservative Socialists Democrats the overwhelming election victory for governance as required by the citizens demand for political changes in the system of government to eleviate the European Union Austerity measures and the current financial difficulties among the working class citizens in Greece. However, President Papoulias has been expected to form a transitional government as required by the Greek Constitution, when the time period for government formation, or cabinet reshuffle exceeded seven days. This would mean  citizens demand for political change may remain unheeded, besides the mounting uncertainty on Greece future economic prospects and the European Union integration.



                                              Written by Professor Godfrey Ohia.

No comments:

Post a Comment