Saturday, July 2, 2011

THE EUROPEAN UNION HAS CHANGED THE FINANCIAL RESCUE PACKAGE AMOUNT ALLOCATED TO GREECE.

Despite the Greek government effort and Papandreou's acknowledged leadership during the government crisis in Greece that required the leadership with the government and the citizens collective approach towards solutions to the country's current problems that entailed bankruptcy and the fulfillment of the required procedures in order for Greece to qualify for the European Union financial rescue package by cabinet reshuffle, the Parliament's support for the government's Austerity measures, privatization, tax increase, changes in the retirement age and much in allowances and pay increase sacrifices for the hardest working Greek citizens which fortunately has been attained by the government in order for Greece to cash the allocated amount which the European Union leaders have changed to twelve billion euros ($12,000,000.00) euros from the previous two hundred and ten billion euros($210,000,000,000.00) euros because of the uncertainty in Papandreou's government to win the next election and pay the debt as required.

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