in the aftermath, greeks were stunned. it is not the scale of the violence but the scale of the uncertainty. nobody knows how the economy can be rebuilt and that the politics are fragmenting. in a normal crisis, a decisive parliament, and massive riot, and the torching of 17 buildings might bring catharsis' but this is no normal crisis. greece phases may be a decade of austerity and fuel in the political class believe that the plan will work. -- greece faces may be a decade of austerity and few believe the political -- in the political class believe that the plan will work. in the british streets of the port district, you know what it means when you meet one in five people unemployed, cutting health spending, cutting the minimum wage. this clinic, run by volunteer nurses and doctors, was a bridge to set up to treat migrants. now, one in three patients are greek like this woman who is a cleaner that has lost her job. >> i am here to get food and some vaccinations for my children. >> white can't you access the main -- why ca

there could potentially be another bailout package and whether or not the greek government and the greek people will indeed stick with this austerity measures which are basically very steep and strict. >> that's absolutely correct. as i say, you know, the issue really comes down to whether or not the greek economy is going to be able to start growing its way out of what at the moment is an extremely painful resex. recession. austerity does not lead to growth. at the moment, with all of the restructuring that is a core part of this debt program and companies in greece are going to be facing a period of extreme uncertainty for at least next year or two. >> thank you so much for your insights. >> just to reiterate that breaking news in the eurozone, finance ministers have agreed, it seems to a 130 billion euro second bailout package. a revamped bailout for greece's economy. that news broke around an hour or so ago. what we are waiting for is a press conference. we're hoping to see euro group leaders, the finance ministers have been locked in these 12 hours of talks. i think we can see the s

being bailed out the greeks have never been bailed out this is been the big banks that hold the greek government debt the government should never have issued that debt the banks never should have bought it but given both those factors why should the average poor guy in greece who is whose standard of living is falling because of the greek government and bank policies why should he be further have a boot put on his throat by the i.m.f. and similar organizations the federal reserve the european central bank and can society general and all the all the other big banks where do they get off making him poorer so they can be richer that's an outrageous system morally politically economically and let's hope that greece is only the beginning default is a wonderful thing these debts who are the people who don't have to pay for these debts are not the ones who contracted for them they shouldn't have to pay and another great thing that happens when greece defaults nobody is going to lend the government any more money that is exactly what greece needs they need a government that would shrink so th

what is the general mood among greeks? that these talks will actually improve people's lives? >> i think most greeks are expecting another shoe to fall, because the full details of these new austerity measures from of the last week have not been fully revealed to greeks. so i think they are preparing themselves for more austerity, even above what they're dealing with at the moment. >> ok, thank you so much for that update from athens. >> more consequences from the standoff in the persian gulf. the price of crude oil has surged to a new nine-month high after iran's move to shut off deliveries to france and britain. a barrel of benchmark north sea crude now cost $120. tehran is threatening to cut off oil to the entire european union and less economic sanctions are lifted. a europe -- european oil companies say they will be able to make up for any halt in iranian supplies. iran currently supplies of around 20% of the eu's crude oil needs, some 600,000 barrels per day. >> falling ice is wreaking havoc in the danube river as eu

second bailout coming down the pike for greece and more austerity or starvation on the way for the greek people potter heads are speaking up one being this guy german finance minister wolfgang schauble you see when we're talking about bailouts for greece i should say bailouts for banks years have invested in greece no want to lose their money we're essentially talking about german as primarily who's footing the bill for these bailouts along with the nordic nations and shargel the german defense or finance minister is getting fed up after all it's his job to make sure that the german money is invested wisely and shovelled doesn't see greece with its capital city of athens on fire suicide rates skyrocketing and unemployment at twenty percent as a wise investment so before folks forking over the money szabo is making some outrageous demands of greece the main one being the greece should postpone their elections so a new government will come to power that may do it iceland has done in two citizen referendums say hello to the banks toure's including the german banks there's a think about that

tragedy i got the idea to wrote right about the greek tragedy i referred to actual ancient greek tragedies and i talk a little bit about it in the article that the banks have done sort of what you are is did they stitched together these wax and feather financial fabrications and they've flown a little bit too close to the sun and the winds have melted and they're being brought down to the earth and instead of sort of taking the once they've decided to sack sacrificed taxpayers to appease the gods so that was sort of the intro to this this great tragedy i was reading about wolfgang's wobble was reportedly caught on tape saying he was inflicting excessive pain upon the greeks merely for the pleasure of his home electorate it sounds more like the plot of promethea as on bound your thoughts. well exactly i mean if you look at the situation that you've mentioned zetas and one of your previous episodes i think it is a form of sadism because it certainly doesn't age and economic sense just like it would be like just having his liver not reconstituted in again which is how the greek myth goes for

he borrows from an uptick sickness after passing more unpopular cuts greek politicians are told thatbrussels amberley and perspiring the decision on another bailout that and questions over greece's place in the euro led the country's finance minister to talk they were toying with a nation's future this is by no means the first set of austerity measures to be imposed on greece but with a significant amount of coalition m.p.'s choosing to say no it does mark a shift in thinking among governing politicians. share the grievances of the public and offer them an alternative if the greek economy is not restart just if it doesn't go down the alley of development that eventually greece at some point. in that case what will happen is that all of the assets of this country will actually pass in the hands of the. of the funders in total forty three m.p.'s in the ruling coalition chose to say no to morris there are they even among those in favor may remain hostile to the euro zone's message and how it's being delivered i think such type of message is brussels of. the people forces in greece. and

there's a wise old greek proverb that the person who borrows. becomes the slave who he borrows from and on your marks they get set bail out european ministers are meeting in belgium to plug the holes in greece's economy what's at stake and what does it mean for your finances well explore. is this another step potentially on the road to road to potentially making nuclear weapons and iran's nuclear potential has lawmakers and media outlets crying wolf but haven't we seen this story somewhere before isn't this the equivalent of iraq's alleged weapons of mass destruction and is fear and not to send us into yet another war. good afternoon it's monday february twentieth five pm in washington d.c. i'm christine for you watching our team. well it's president's day today and we're in the fifth on the campaign season with four remaining g.o.p. candidates crisscrossing the country preparing for another round of presidential primaries arizona and michigan a week from tomorrow and of course super tuesday coming up on march sixth now over the weekend g.o.p. p

was saying well the greeks actually have a lot of leverage here and i agree i think the greek government has much more leverage than they realize because the fact is that if greece leaves the euro zone and it wouldn't be that catastrophic by the way people say the greeks would suffer tremendously but argentina did not suffer when it defaulted in any case going beyond that. if the greeks were to leave the euro zone then the next weakest country in the euro zone would have the same kind of crisis immediately if the problem is with the eurozone you can't have within the eurozone the largest economy running internal balance of payment surplus then all the small countries suffer actually ironically the best reporting on this and the best analysis has come from the u.k. newspaper the financial times but it's very clear what's going on the germans cannot keep running current account surplus this at the expense of the greeks and in the long run it's going to be the germans versus the portuguese or the germans versus the italians but those imbalances have to be corrected and it is not going to be

economy and the greek society and the greek system in general. by agreeing to these terms and conditions and if investors decide to follow through on them, excuse me? that you had gnawed the microphone. [ inaudible ] i'm sorry. i'll try to speak loudly. by agreeing to these terms and conditions and if they are embraced by individual investment firms around europe and around the world, greece will have been given a tremendous breathing space to implement the economic reforms that it has courageously set forth. the arrangements that we've agreed, of course, on the voluntary basis with the greek authorities are an integral part of a broader set of understanding which you would have seen announced last night by the euro group and by the greek authorities. the euro group is extending considerable additional assistance as you will have seen with the support of the imf and all parties we are pleased to see have found a way including the ecb and national central banks to contribute to the solution. the result can be a tremendous opportunity for greece to

economy in the greek state that is totally completely not. has been completely and utterly mismanaged for decades and ultimately tragically the greek people themselves are going to end up suffering as they already are. going to see it happens again descending into violence and staring protesters clashed with police what chance is there that the greek people will have their voices heard in this case oh look there's still a big possibility that the greek people are going to manage to succeed and essentially drive their economy street and to default and that when that's the incredible thing and of course if you're a greek trade unionist i've been to look at it from their perspective well i mean first of all a monthly salary you get fourteen of those every year if you work in greece i mean we're talking about the greek minimum wage of course it's going to be under the current proposals if they come through by something like twenty percent but then again that's still going to leave the greek minimum wage being higher than it is and spain and in fa

greek job hunters who have discovered tricky. >> numerous greek firms have been investing in turkey since the crisis started. the reason is plain to see. in greece, consumption has plummeted while in turkey, it is a growing, attractive market. >> that is why more greeks are expected to arrive in economic wonderland, turkey. it is so far from a wave of migration. so far, estimates but the number of greek immigrants at only 7000, but the economic crisis has brought the former archenemies closer to gather. 33 pilots have found work at turkish airlines. he is happy that his skills are needed. >> the financial crisis is not going to be sold in just for it -- i just five years. we need more like 10 years. we are happy just to be here. denison, even be able to fly home with his new the employer. the turkish carrier has plans to expand into the greek market. in any case, turkish greed is bearing fruit in the form of jobs. >> switzerland in winter -- many people associate that above all with going skiing in a beautiful and exclusive environment with exclusive prices, too, of course, but thes

it's the first time that the greek government elevates the greek debt instead of putting more debt on greece's shoulders. so i think that we are going to have the support from the people and we are going to pursue this structural reforms. i think that anyway the bailout agreement, it's a great deal forl greece. but it still puzzles me the fact that ecb doesn't participate in this bailout and maybe in the future we need to start to discuss with ecb what it's going to do with 40 billions of euro profit it will make from the greek bonds it has already acquired at 70 or 50% value. >> okay. let's talk about these structural reforms. there has been concerns expressed within the eurozone that greece has not yet embarked on the structural reforms needed, which it was supposed to have done under the first bailout terms. why are you confident that greece will now tackle this problem under the second bailout? >> well, that's true because the first bailout didn't work out because we didn't pursue the first structural reforms. we only imposed tax and cuts in pensions. i think that after the electi

dollar this friday as greek fears once again raise their ugly head. bad news for exporters in japan, though, because the yen is strengthening slightly against the greenback, trading at 77.59 to the dollar right now. hello and welcome back. you're watching "world business today" live on cnn. >>> it's no secret that hong kong has some of the highest property prices in the world. many are forced to pay exorbitant amounts for very small spaces. that's especially true in subdivided flats. there is a local family living in one of them who say it's not just the high costs that are a concern, they also fear for their safety. i'm here in schramm chree poe, one of the poorer and older neighborhoods of hong kong. as you can see, there's a lot of outdoor activity here. it's very densely populated. not far from here, up there, a fire swept through an area very similar to this, killing nine people at the end of november last year, and that fire raised some serious questions here in hong kong about exactly what sort of accommodation do people have in places like thi

but even many greeks have given up their country already. some decide to start a new life abroad and in places you would not expect. >> this is the turkish airline's training center in istanbul. in simulators, pilots practice using the latest technology. although he has been in the cockpit for 25 years, he's also getting instruction here. the pilot lost his job when greece's national airline went bust. like many of his colleagues, he had to reorient himself and it seemed natural to turn to istanbul. >> you will adapt very fast. the thing is my home is one hour away, so whenever i come, i can just fly home, one hour away. like some turkish colleagues. because it is connected. >> it is not only airlines that are taking on workers. the turkish economy has grown around 10% in the past year, and istanbul, the polls-setting city, is the heart of economic boom. more and more foreigners are coming to assemble in search of jobs, and it is no surprise to businesses here that more and more of them are greek. >> turkey is a rising market with a populati

philosopher bastiaan who said that this sort of fraud trickles down and here's a tweet i read max greek authorities say a major armed robbery carried out ancient olympia museum now my first instinct was wow this is the headline from a.p. that there are mainstream media is actually starting to report what is happening to greece in the real terms of what has happened there right well my media thought was my god did britain still the elgin marbles again. apparently it's a new band of thieves and they're taking everything but the elgin marbles and of course you find this at the nexus of any wholesale devastation that's occurred in an economy that's been gutted by thieves and bankers in the city of london or on wall street it is a financial war and it's a financial attack. on greece happening as we've pointed out here many times so i went to the expert on war i went to donald rumsfeld and i asked him what he thought of this looting of the museum in greece some here it is from friday and freedom going. on. yes the oversensitive donald rumsfeld and of course the you know this is a continuation

if the measures seem important for the greek people. so if this does seem to be a way out, does seem to be a resolution, given how many cuts they have endured, given a lot of austerity these last two years, we're likely to see them follow these measures. if, however, the measures aren't working, the reforms are taking a long time, greece is not heading in the right direction, then that might change, and there might be a tide turning against the politicians. >> okay. elin da joining us from live from the greek capital of athens. many thanks to you. >>> greeks aren't just upset about the cuts they're facing. they're angry at the notion that athens has sold out to brussels and that their country's sovereignty has been compromised. but one former greek finance minister says the european intervention is a necessary evil. >> i think, in fact, it's beneficial that we're going to have increased monitoring and that there's going to be an escrow account. i think these are positive decisions because we have proven over several years that we are no

share the grievances of the public and offer them an alternative if the greek economy is not restart just if it doesn't go down the alley of development that eventually greece at some point. in that case what will happen is that all of the assets of this town tree will actually pass in the hands of the. of the funders in total forty three m.p.'s in the ruling coalition chose to say no to morris their take it even among those in favor may remain hostile to the euro zone's message and how it's being delivered i think to such type of messages or brussels of. people forces in greece. and all of us that the measures don't solve the problem they make it worse we need development we need development for the survivor the greek economy the growing fear among both the greek public and politicians appears to be that eurozone leaders aren't all that bothered about their well being there's more people as we see. things of this situation because we were in greece cover way the way veritas last sunday's mass demonstrations and tim ewing uproar. sent a message to those in athens and brussels though

he's live there in the greek capital well we've already seen four greek ministers resign the previous government collapsed because of the debt crisis how likely is it that the greek politicians can reach an agreement on sunday or could indeed this. government collapsed before then. well let me say that this government was always expendable the point of putting it in place was to ensure that this bill goes through. it's my prediction that it will go through and there is government work will collapse once it. is done brussels is of course questioning whether greece can implement these measures you say it could well go through an agreement with the greek politicians but we're seeing such strong opposition and the current general strike in the balance at the moment in athens will people allow these cuts to be implemented. it's not up to the people the people have been demonstrating consistently for eighteen twenty months now and we had a series of such cuts and impositions of. the very weak population these days it's been happening every other month now for almost two years it will happen

the plan we need development for the survival of the greek economy the growing fear among both the greek public and politicians appears to be that eurozone leaders aren't all that bothered about their well being that there's more people as we see. them so this situation because it's rewarding greece cover way too high the way they're really since last sunday's mass demonstrations and continuing uproar sent a message to those in athens and brussels though voting through austerity may have been an historic moment as one of the likely to put the nation's problems to bed meaning rather than being resigned to the past scenes of anger are likely to be part of greece's future jake greece assy athens. short of saving it from a financial abyss investment advisor patrick young is one of those who things greece is supposed salvation as the hands of the e.u. will leave it more or less powerless. what we have here is basically that great scene in the hollywood adventure movie where someone has tripped and fallen over the edge of the cliff and he's being held onto by one armed by the person who we're

it will make things worse for the greek economy the greek economy is in a deep recession at the moment the austerity program that is imposed on the contrary will worsen the recession which in its turn will worsen the budget outlook and so the negative spiral in which will breed economy and greek society has been imprisoned for almost the last two years will only get worse so this is not really a solution to the greek problem what you need for greece is to have a growth perspective for the economy of greece and you don't have that at all at the moment and the longer we wait the more it becomes obvious that the only way we can get in the greek economy growing again is by in the exiting the euro zone which will lead of course to a devaluation of the new drag me but that is exactly what is needed to get the economy through international trade growing again. and that was financial journalist you had fun over veld saying that even if greece gets more bailout cash it will not rescue the country's economy. u.s. and britain are warning israel not to attack iran's nuclear facilities saying new s

if the greek economy is not restart if it doesn't go down the alley of development eventually greece we at some point go bankrupt in total forty three m.p.'s in the ruling coalition chose to say no to morris their take it even among those in favor may remain hostile to the euro zone's message and how it's being delivered i think is such type of message is brussels are helping to european forces in greece. and all of us that the measures don't solve the problem they make it worse we need development we need development for the survival of the greek economy the growing fear among both the greek public and politicians appears to be that year is only. aren't all that bothered about their well being that there's more people as we see . this it isn't because it's rewarding greece cover way the way they're really since last sunday's mass demonstrations and continuing uproar sent a message to those in athens and brussels though voting through austerity may have been an historic moment as one of the likely to put the nation's problems to bed meaning rather than be resigned to the past scenes

he joins us live from the greek capital. matthew, first of all, describe the anger on the streets to us. was it pat atable, similar to the demonstrations we saw many months ago when the last bailout was approved? >> reporter: it was similar to those demonstrations but much bigger, much more intense. over 100,000 people are estimated to have turned out on the streets of the greek capital last night. many thousands of them absolutely furious that the mps inside the parliament building where they protested in front of, right behind me here, in the center of athens, were debating yet more austerity cuts. greeks, as you mentioned, have already withxood two years of deep cuts to their public services, their wages and their standards of living. the country is in deep recession. many people here have lost faith that more austerity cuts are the way forward. so that's why there was such intense anger and violence on the streets of the greek capital last night, you know. >> matthew, let's go into those cuts, in particular, the greek go

greeks coming this cleaning though present many greeks remain too ashamed of the situation to be filmed those wanting to be heard paint a grim picture of. greece cannot recover from what's going on right now if you ask me greece is finished. it's a situation that has a country verging on implosion all during a time of peace not war but was the nation remains sick cuts have a real damaging impact on the people's well being is an illness that could spread as fresh measures may reduce spending on outpatient drugs for one billion euros putting greeks health at risk despite the sizable military defenses protecting them . greece r.t. athens. well it's been a secret that from the onset of the euro crisis germany has been spearheading the use austerity drive the original argument was that cuts and pain were necessary i think seven thirty g.m.t. next and stacey focus on that. well actually wolfgang schauble cording to this article he was actually quoted caught on tape anyway talking to a portuguese finance minister in which he said to the portuguese minister don't worry we're not going to do thi

greek government is in place by the bankers the previous greek government was put there by the bankers he was trained in chicago the same place christine legarde was trained the greeks have not had representational government in quite some time they need to take a pain out of the arab spring they need to stage a revolution they need to replace this government they need to become self-sufficient and regain their sovereignty again by staging some kind of coup my some running very low on time here but i just want to ask one question here that there are many conspiracy theories running around about how is it that a year across from brussels can continue to force feed these high interest loans you know some people talk about the bailout of the rothschild and some people talk about these so-called money makers are there any conspiracy theorist that could be anywhere close to the truth when it comes to the true power of those who will doing the financial power and political power of europe. when it comes to these financial markets rory the bottom line is it's not about conspiracy theories it'

well the greek funding gap seems to have been plunked the euro zone's financial woes are no deterrent for those still keen to join the currency union. later this hour we were port from la to via the baltic nation is planning to join the euro zone by two thousand and fourteen but many fear it will only bring more problems for both the country and the block. christopher greene creator of alternative media television network a green way of t.v. says the outcome of the debt crisis is already set in stone no matter what's decided in brussels the greek people do not have any sovereignty over their nation anymore it's been taken over by techno crap so this is a complete the talent to read and take over which the people have no say in again it's the reason that we have riots in the streets right now and i've got to give it to the greek people for actually standing up to the plate other dealing with the norm his problems were looking upwards of forty percent unemployment rates fifty percent in some european countries among the youth that is catastrophic there is no bail out measure or quantita

adopted greek history as their own.horace noted ruefully that: reader: "greece took captive her savage conqueror and brought civilization to the rustic latins." narrator: walls in the maritime villas and the houses and buildings of pompeii and herculaneum depicted greek myths like the rescue of a bride from a centaur's lust by theseus, the heroic king of athens. under the inspiration of a bust of homer, romans could contemplate the trojan wars and perhaps commission works that retold the story of mighty achilles and the sack of troy. a bust of the 4th century b.c. playwright menander conveyed its owner's appreciation of greek comedy. a silver cup depicting the labors of hercules could turn the conversation towards the ways of gods and men. greek philosophers, including epicurus who taught that pleasure is the beginning and end of living happily, were very much alive in the minds of cultured romans. but the romans copied, collected and imitated greek art for their own reasons. in greece artemis, goddess of the hunt, belo

projections going that way and you have the actual greek g.d.p. . etc going the opposite direction and every mistake they've made for five years straight has been to the optimistic side quarter after quarter so after sixty quarters of optimistic misstates you get the feeling it's not a mistake you know it's done on purpose for the motivate facially doing on purpose you know who knows you could theorize any set of motivations but the reality is whenever the i.m.f. and the e.u. said it's h. and say x y z assume x.y.z. money is one hundred forty basis points so ok that's interesting and you're saying this is hocus pocus very broadly seen with an agenda but let's talk about how this is going to affect things then more broadly because you say that you just gave one example earlier in our interview about how this could affect other countries what they see going on in greece and them saying hey why would we impose austerity if you know greece doesn't have to pay for this but what would be the scenario where we would see what's happening in greece impact ot

tests are so you're reporting there in order to secure for the next bailout the greek government has approved three point three billion euros worth of cuts in public spending that triggered violence on the streets of athens over the past week as frustrated crowds scuffled with police and authorities jacob graves reports the rage within dishearten greek society is growing stronger with every a sturdy vote. voting for morse there is something that dubbed by greece's caretaker prime minister has a moment of historic responsibility a notion some especially the greek population feel has been lost on euro zone leaders. i feel disappointed and sad because these measures were imposed on us by foreigners and we didn't have a say as the greek people that. the measures imposed on us there is a wise old greek proverb that a person who borrows and borrows becomes a slave who he borrows from because he is this rhetoric hasn't been isolated to the public after passing more unpopular cuts greek politicians were told that brussels amber lynn had her spoken the decision on another bailout that and que

pave the way for euro zone finance ministers to move forward on a bailout plan for greece and the greek parliament did approve the austerity plan in a one hundred ninety nine to seventy four vote that included included in the plan fifteen thousand public sector job cuts the lowering of the minimum wage from seven hundred fifty euros per month to six hundred euros per month also several other cuts in government spending wages and pensions and these are sure to have some major impacts on the people of greece but the decision was seen as a necessity for the country to avoid default on its debt of thousands in greece are fed up with what austerity measures have already done to their lives and their economy and they made sure that their anger was known. to police estimate tens of thousands of protesters turned up in the streets to protest a set more than forty build buildings on fire and even hurled rocks and fire bombs that police police in turn use tear gas and arrested several dozen people now in the conflict of the plan was seen as a major step in the right direction but the approval of

>> something greek or something like cabernet. >> greek is better. okay. >> greek is better!you buy it pre-cubed out of curiosity? >> you can get lamb in the supermarket. try to get stew meat or leg meat which is what we are using here. drizzle olive oil. grab some salt and pepper. this is one of the sections on our menu called greek classics. we just finished an 18-day renovation. it was a race to the finish line. this is one of the new dishes we have along with a completely new look. >> wonderful. let's check it out. >> take the lamb meat, place it in. sizzle, sizzle, that's what you want. >> the oil was hot. >> don't move the pan. that's where people make the mistake. you need caramelization. >> what do you mean? >> let it sit. let it rest on that side. nice, intense heat. the smoke, not pleasant. that's what you are looking for. >> do you turn it over? >> let it get to this point. see how you have nice even caramelization? >> yeah. >> that's what we are looking for. the way to get it is without moving it around much. in the pot after we sear the meat and take it out, onio

>> susie: athens descends into riots, as the greek people push back against tough new spending cuts, throwing a debt deal in doubt and sending stocks around the globe lower. one thing not going lower-- pump prices. gasoline is close to $4 a gallon in some places and $5 may not be far behind. >> i'm diane eastabrook in chicago. the biggest generation since the baby boomers are getting a full court press from corporate america. >> tom: it's "nightly business report" for friday, february 10. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> susie: good evening, everyone. one word dominated trading here today at the new york stock exchange: greece. there were new doubts today about greece's austerity plan and new concerns that it could default. tom, european finance ministers said greece needs to make more spending cuts to qualify for bailout loans. >> tom: late today, susie, greece's cabinet okayed a bill that included those cuts. it's set for a vote in parliament sunday. this development ca

are already speculating on the worst case scenarios a lot to be sure to join the euro zone a violent greek like outcome is not ruled out but a mass exodus is the most likely case let's see recessed reporting from latvia. party financial group max kaiser and co stacy herbert always ready to expose those who they think are behind the global economic mess kaiser report coming your way in about a quarter hour here's a preview of. the greek authorities say a major armed robbery carried out ancient a limpia museum now my first instinct was wow this is the headline from a.p. that there are mainstream media is actually starting to report what is happening to greece in the real terms of what has happened there right well my media thought was my god did britain steal the elgin marbles again. apparently it's a new band of thieves and they're taking everything but the elgin marbles and of course you find this at the nexus of any wholesale devastation that's occurred in an economy that's been gutted by thieves and bankers in the city of london or on wall street. south korea has held live fire war games

have been many greeks especially in the private sector jobs they've been trying to change for a very long period of time however the way that these changes are being impacted now they're not productive it's one thing to cut the public sector and to reform the government but that's not what's happening here what we're seeing here is just just slashing costs as much as possible with no real sense of of creating a sustainable economic environment but one of the biggest complaints from before in terms of you know how greece got here in the first place is a lot of people seem to think it was an option whether or not to fight to pay taxes will this change in the future i mean will there be a better regulatory system for those kind of you know the wealthier the one percent of priests who got to avoid you know within a similar situation in what we see in other countries like the u.s. so greece that's another thing so again if this is a cultural social thing and it's very difficult to change it there's a huge problem as far as tax evasion but that's all the way down the line the system is str