Advertise On EU-Digest

Annual Advertising Rates

2/19/12

European leaders meet Monday on Greece bailout; public tiring of austerity measures - by Michael Birnbaum

European leaders gather Monday to decide whether to give Greece a bailout to save it from bankruptcy, but they face a growing problem: a fed-up Greek public that is questioning the strings attached to the aid.

An April election may bring a chaotic mix of politicians to power, as Greeks flock to groups that have vowed to fight the terms of the Euro 141.57 billion bailout or take the country out of the euro zone altogether. The shift — registered in opinion polls, mass defections in parliament and in street protests — raises doubts about Greece’s ability to implement the painful cuts on which European leaders are insisting.

In short, analysts say, this bailout deal may not be much different from previous landmarks in Europe’s long debt crisis: public handshakes among European leaders, but private doubts about the future.

European leaders meet Monday on Greece bailout; public tiring of austerity measures - The Washington Post

No comments: