Wednesday, August 12, 2015

THE COMPROMISE REACHED BETWEEN THE USA AND EUROPEAN UNION FINANCE INSTITUTIONS WITH ATHENS AND THE MAJOR DONAR COUNTRIES HAS REMAINED CONTROVERSIAL, DESPITE GREEK GOVERNMENT ANNOUNCEMENT OF ITS SUCCESS IN THE ATTAINED AGREEMENT WITH THE FINANCIAL OBLIGATIONS.


      Highlights on the compromise reached on the current financial and monetary crisis in Greece capital city Athens between the Greek government and the USA, or European Union finance Institutions such as the International Monetary Fund (IMF) and the European Central Bank, besides the major donar countries and Investors that entailed Germany, France, England and the Private Believers Investors has remained controversial, despite the Geek government announcement of its success in the attained agreement between Greece and the finance Institutions with the mentioned donar countries, or the domestic and foreign Investors in Greece. However, the most recent published reports on the current financial and monetary crisis in Greece with the frequent finance assistance allocation for Greece by the Research Institutions and Higher Institutions of learning in the Democratic Republic of Germany and in the other Eurozone countries may have calmed citizens protesters and politicians extended criticism against their government's finance policy in extended finance assistance allocation for Greece, other Southern European Union countries and Humanitarian Organizations, particularly from the European Union major donar country which has been Germany and its exceeding, or increasing role of responsibility in the domestic Eurozone and foreign countries by generous finance assistance allocation that has benefited the country on one hand, but on the other hand strained Germany's government obligation in the required finance provision for tariff increase allocation, specially for the public sector employees in the various States of Germany that entailed the free State of Bayern Munchen that has been specified as five percent (5%) tariff increase, when compared to the hundreds of billions of Euros in either the finance rescue packages allocation, or in humanitarian packages assistance for the Eurozone, the foreign countries and various Organizations. Euro crisis has been another issue of increasing concern as the European Union finance experts and the government in Athens have accepted the compromise on  compensation of the devaluated value, or rather the obselete Greece currency the Drachma with the limited use of the European Union currency the Euro for the upgrade of Greece stock market index with the currency value.

                                               Written by Professor Godfrey Ohia.

Paypal account details : Name Professor Godfrey Ohia
E-mail address : ohiaprofessorgodfrey90@gmail.com
Bank : Bofi Federal Bank, Routing Number : 122287675
Account Number : 9000142875956712.

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