Thursday, February 26, 2015

EARLY CELEBRATION ON THE LITTLE SO FAR ATTAINED IN GREECE FINANCE STRUGGLE FOR FINANCE CASH PACKAGES AND FINANCE RECOVERY IN GREECE HAS BEEN GENERALLY DESCRIBED AS "CAUTIOUS".

Greece proposed finance objectives for brighter finance and economic prospects became media highlights of the week on Western countries media, after the European Union leaders and finance experts which included the Eurozone Finance Ministers, IMF leader and the European Union Central Bank concluded the acceptance with the proposal claimed to have been blessed by the Eurozone leaders in the European Union Parliament in Brussels earlier in the week as basic objectives required for the approval of further allocation of the European Union, IMF and European Central Bank finance packages for Athens. Few of the required basic finance objectives entailed the combat against corruption in Athens, the reduction of the new coalition government cabinet by half and settlement of early, or late retirement age plan of employees in Greece. However, digits have revealed variation in the finance statements released earlier and recently on the finance packages allocation for Greece in two hundred and twenty seven billion euros, one hundred and ten billion euros and seventy five billion euros in actual cash flow deposit in the banks in Athens. Early celebration on the little so far attained in Greece finance struggle for cash packages allocation and finance recovery in Greece has been generally described as "cautious", despite previous extended criticism, objections and new proposals from both sides for the finance requirement with the allocation of the European Union Finance Rescue Packages for Greece and Southern Eurozone countries.

                                                  Written by Professor Godfrey Ohia.

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