Showing posts with label ECB. Show all posts
Showing posts with label ECB. Show all posts

Monday 13 July 2015

'This is a coup' - Caroline Lucas on Greece

Caroline Lucas, Green MP, has labelled the situation in Greece as a ‘coup’.

She said:

“The oldest democracy in the world has been subjected to a coup. Over the course of just a few days the Greek Parliament is being forced to rush through emergency legislation to cut pensions, raise taxes and privatise swathes of the economy – without any time for genuine debate. The forces of darkness – the IMF, the Eurozone and the ECB – are subjecting an already deeply impoverished country to further needless cruelty. National sovereignty has, in effect, been suspended.

“A credible solution to Greece’s woes exists: European countries should come together to discuss ways to cancel at least some of the debt. It’s been done before – when Germany’s debts were cancelled after World War Two – and it should be done again.

“These are dark days for anyone who believes in democracy. The will of a nation has been superseded in favour of relentless, economically illiterate and socially destructive austerity. It’s time that politicians here in Britain, no matter where they stand on the economics of the Greek situation, take a stand for the simple right of a nation to manage its own affairs.”