The deadline for Greece to accept the EU’s 3rd bailout offer expires on Tuesday the 30th. In response to failed talks, Greece’s Prime Minister Alexis Tsipras calls a referendum vote of the people of Greece. Great huh? Yeah, except the vote is scheduled for the 5th of July.
Greece has been stringing the EU (paid for by Germany) along for years. They have refused to meet the basic financial requirements of the EU community. They have been bailed out twice before and they continue to ignore the reforms required.
It appears the EU may have reached its limit.
Following an extrordinary Eurogroup meeting, eurozone finance ministers have refused to extend a bailout program for Greece ahead of a June 30 deadline.
Eurogroup chief Jeroen Dijsselbloem said that Greece’s bailout program "will expire on Tuesday night," rejecting a Greek request for a one-month extension.
Will Greece remain in the EU? Well, if it does it will only drag the rest of the EU down.
The Greek’s play this up as if they are the victims of the Evil EU which they say is trying to humiliate them. Does this sound familiar? Well it should, it’s the same argument that many special interest groups in America use continually. They use this excuse to feed off the hard work of others. Someday those “others” may also say enough.
It is a well used and often effective Marxist tactic.