Friday, February 20, 2015

GREECE PROJECTED BRIGHTER ECONOMIC PROSPECTS HAS BEEN HURDLED BY POLITICAL CHANGES IN ATHENS AND THE EUROPEAN UNION FINANCE MINISTERS SUDDEN DECISION THAT MAY PERMANENTLY EXCLUDE EUROPEAN UNION MEMBER COUNTRIES FROM THE UNIFIED FINANCE POLICY OF THE EUROZONE COUNTRIES.

Greece projected brighter economic prospects has been hurdled by political changes in Athens and the European Union Finance Ministers sudden decision that may permanently exclude European Union Member countries from the unified finance policy of the Eurozone countries of which Greece has been recognized as a problem solver, rather than as a problem, or a burden, particularly after the European Union Finance Ministers, the European Central Bank and Germany's finance Minister Wolfgang Schauble rejected Greece Prime Minister Alexis Tsipras application for further extension of Finance Rescue Packages for Greece. This decision of the European Union major finance Institutions  and finance Ministers may further require Parliamentary debates and the final decision of the European Union Parliament in Brussels that may determine Greece finance recovery effort with eventual economic rebound from the current decision that has set Greece on the path toward financial collapse and economic downtrend, after the leaders, politicians, finance and economic experts in Athens rejected citizens demand for withdrawal of Greece from the European Union Austerity Measures that have been intended to upgrade both Greece credit line and the standards of the citizens of the Eurozone countries for more financial freedom of which Greece and specially the politicians in Athens have chosen to remain in the Union of the European countries, despite the financial challenges in refusal, or objection of European Union Finance Ministers approval of further extension of the finance packages for Athens.

                                                Written by Professor Godfrey Ohia.

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