Saturday, June 2, 2012

European Elections- Austerity rejected

In both France and Greece, elections were recently held. The French socialist party proved vitorious in their elections, though in Greece, there was no majority, which now requires another elction to be held. The leader of the French party, is Francois Hollande, who stated that he "know's what the people want". This is a powerful statement to make, and one that carries a lot of weight with it. Shifting back to Greece now, after seeing how things turned out with these elections, the population has woken up to the seriousness of their situation. The people of Greece now realize how critical it is for them to escape this debt crisis, and that is not the only pressing issue. The debt crisis is followed by unemployment and recessions, which is good motivator for people to starting acting in the the interest of change. As hard as it is to balance austerity, it is something that needs to be taken care of in the very near future, for the sake of Greece, and the world.

No comments:

Post a Comment