EU FINANCE MINISTERS HAVE REACHED COMPROMISE ON THE DISPUTED FURTHER ALLOCATION OF FINANCE ASSISTANCE PACKAGES AND SLASHING OF DEBT BY CONSIDERABLE AMOUNTS FOR GREECE.

   EU Finance Ministers have finally reached compromise, or may have given in to the previously disputed further ALLOCATION of Finance Assistance Packages for Greece with the positive intention to slash Greece debt by CONSIDERABLE amount, when the time period for debt repayment elapse in the year two thousand and twenty as the time period for the Austerity Measures and perhaps Greece saving packages ends at the end of the month of August in the Year two thousand and eighteen during the EXTENDED session of the Parliamentary debate on Greece further assistance held in the European Union Parliament since Friday ended with the compromise for further ALLOCATION of fifteen billion euros in Finance Assistance Package for Greece with the SLASHING of over three hundred and fifty billion euros in debt which Greece owed the EU countries and the mentioned World's major finance Institutions as the the (IMF) and the (ECB) which had allocated six hundred billion euros in Eurobonds sales for the upgrade of member countries credit line which its participation for EU countries and major Finance Investors has been scheduled to end at the end of this year with no exception to the EU and foreign Investors which have invested the upgraded minimum investment principle capital of five hundred million euros in Eurobond sales for the next two to three decades, despite the diminishing investment opportunities in the EU countries, specially of the Southern Europe and particularly of the few Southern EU countries that had been hit hard by EU Austerity Measures which have been intended to upgrade the member countries credit line to the standard specified by the World's mentioned finance Institutions. However, much demand for even higher efficiency may be placed on the  EU citizens and specially on the Southern European citizens for better productivity options that may upgrade the production capacities of EU countries for the required better credit line with the upgrade of their standards of living in this and the next few decades, if member countries do not give up the struggle for better ECONOMIC prospects and financial freedom as Greece, or Germany which has continued to enjoy its struggle for economic miracle of the decades to the present moment, despite claims of diminishing growth and financial freedom for the German citizens in this and perhaps the next decades.

               Written by Professor Godfrey Ohia.

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