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NaturalNews – Ethan A. Huff – Greece Turning To Desperate Measures As Citizins Face Starvation Due To Economic Collapse

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PurpleSkyz

PurpleSkyz
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NaturalNews – Ethan A. Huff – Greece Turning To
Desperate Measures As Citizins Face Starvation Due To Economic Collapse –
25 October 2012






Posted on October 25, 2012 by lucas2012infos | Leave a comment



NaturalNews – Ethan A. Huff – Greece Turning To Desperate Measures As Citizins Face Starvation Due To Economic Collapse Euro-Symbol-Money-Europe-Debt (NaturalNews)
The European nation of Greece appears to be sliding ever so
progressively into the abyss of total collapse, as illustrated by a
recent government measure aimed at feeding the growing hordes of hungry,
unemployed Greeks across the nation. A report translated into English
from Voz Populi explains that, under the new law, Greek merchants
will now be permitted to sell expired foods at a reduced rate to the
nation’s poorest citizens, who are becoming increasingly unable to
afford basic necessities.

Since price control efforts have largely failed thus far, as have
austerity measures aimed at reviving the nation’s economy, the Greek
government is grasping at straws to maintain some illusion of normalcy
in a country where the unemployment rate has now breached 25 percent
overall, and more than 54 percent among the youth population aged 15 to
24.

“We are sinking in a swamp of recession and it’s getting worse,”
Dimitris Asimakopoulos, Head of the Greek small business and industry
association GSEVEE, is quoted as saying by phillyBurbs.com. “180,000 businesses are on the brink and 70,000 of them are expected to close in the next few months.”

As far as the expired food situation is concerned, products with both
a month and day expiration date will be permitted to sell for an
additional week, while products with a “best before” date that contains
only a month and year marker will be permitted to sell for an additional
month. Food products with only a year indicator will be allowed to sell
for an additional quarter year, under the new law.

Because virtually all aspects of the Greek economy are unraveling,
though, the measure is unlikely to make much of a difference in reducing
overall food costs, as demand will still likely outpace supply. And
repeated efforts to bail out the nation at the EU level continue to
spark massive protests and labor strikes, which is only exacerbating the
problem even further.

In defiance of proposed austerity measures that would further
increase taxes on Greece’s already-struggling private business sector,
70,000 protesters in Athens and at least 17,000 protesters in the town
of Thessalonika recently took to the streets. The protests resulted in
massive public service shutdowns, grounded flights, hospital and
business closures, and public transport failures.

Sources for this article include:

http://www.shtfplan.com
http://www.phillyburbs.com
http://www.businessinsider.com

www.naturalnews.com link to original article


Thanks to: http://lucas2012infos.wordpress.com



  

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