Thursday, July 9, 2015

EUROPEAN PARLIAMENTARY DEBATES AND EXTRA ORDINARY MEETINGS HAVE REVEALED WIDE RANGE DIVISIONS AMONG EUROPEAN UNION LEADERS ON THE DISPUTED AND CONTROVERSIAL THEME OF GREECE EXIT FROM THE EUROPEAN UNION MEMBERSHIP, DUE TO LESS FINANCE EFFICIENCY WITH THE SPECIFIC CREDIT LINE REQUIRED OF ALL THE EUROZONE COUNTRIES.


     A series of Parliamentary debates and Extra-ordinary meetings of European Union leaders, finance Ministers and politicians have revealed wide range divisions among the leaders, finance Ministers, legislators and politicians over the required final decision of the European Union Parliament on the disputed and controversial theme of Greece exit from the European Union countries membership, due to Greek government less finance efficiency required by the European Union government for Greece to attain specific credit line of all the Eurozone countries. However, Prime Minister Alexis Tsipras of Greece has not given-up his continued effort to keep Greece in the European Union Membership and suggested new Finance Plan for Greece within the extended time period allocated by the European Union Parliament, before the final decision for Greece exit, or extended monetary tolerance for Greece by the European union government, the European Central Bank and the International Monetary Fund (IMF). Besides, the Prime Minister request for more time period that should at least be three years and further financial assistance from the European Finance Rescue Packages, if the European Union Parliament with the finance Institutions approve the Prime Minster's new finance Plan for Greece within the limited time period.

                                              Written by Professor Godfrey Ohia.

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