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POLL : Could we see the fall of The Troika?
Monday, June 3, 2013 @ 9:54 PM

 349 UNIQUE PARTICIPANTS first week of voting. THANK FOR TAKING PART
 
 
Hundreds of thousands of people joined in a protest march in 80 European cities last Saturday evening against what they called the 'catastrophic policies' of the Troika. Madrid hosted the largest demonstration on the continent, with several thousand people setting off from the Plaza de Neptuno at 18.30hrs.
 
The international call-up for protesters said the Troika – made up of the Central European Bank (BCE), the International Monetary Fund (FMI) and the European Commission (EC) – had, through its economic and financial decisions, caused 'poverty, home repossessions, hunger, cutbacks, labour reforms and privatisation'.
 
Their banners read 'we don't owe, so we're not paying' and 'Rescatan al banquero, desahucian al obrero', which translates as 'they rescue the banks and then repossess the workers' homes'.
 
As they passed the national PP headquarters, they called for president Mariano Rajoy to resign.
Europe has demanded Spain increases taxes even more and puts up IVA beyond its current 21 per cent, makes cuts in pensions and in the minimum wage – but Rajoy says he does not intend to do this.
 
And although he says he will 'take on board' the Bank of Spain's recommendations that the long-term unemployed should be taken on in full-time, 40-hour-a-week jobs at less than the current minimum wage of 645 euros, and that State retirement age should be increased to 67 immediately, Rajoy insists the government will stick to its existing plans.
 
Leader of SIRYZA, the Radical Left Coalition in Greece, Alexis Tsipras, and João Camargo, head of the Portuguese pressure group Que se lixe a Troika (literally, more or less 'throw the Troika in the bin', but in the sense of 'may the Troika fail') joined the protest in Madrid as did leader of Izquierda Unida ('United Left') at national government level, Cayo Lara.
 
The anti-Troika march in Frankfurt, Germany's financial capital, organised by pressure group Blockupy, involved violent confrontations between police and a small group of demonstrators, and several towns and cities in Portugal – including the capital, Lisboa – a country where the unemployment figure of 18 per cent is the highest in living memory also joined the Europe-wide protest.
Back in Spain, Valencia, Barcelona and Zaragoza staged demonstrations, as did A Coruña, Vigo, Lugo, Ourense and Santiago de Compostela in Galicia, and Vitoria and San Sebastián in the Basque Country.
 
Protests took place elsewhere in Europe – in Brussels, outside the BCE, in France, The Netherlands, Italy, Hungary, Slovakia, the Czech Republic, Croatia, Austria, England and Northern Ireland.
 
We all know that it will take a lot of sacrifice to get out of this economic crisis and it is clearly a time for drastic decisions and austerity measures but do you think that The troika is doing a good job and are the economic policies that they want to inflict on Spain and other countries moving in the right direction or are they just going from bad to worse?
 
Maybe three's a crowd and they should dump the IMF... could we see the desmantling or the fall of The Troika?
 
news source : thinkSPAIN.com


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5 Comments


Rob said:
Saturday, June 8, 2013 @ 4:56 PM

This action is rarely if ever reported by the BBC as it never gave any cover to the anti immigration riots in Stockholm. Cameron has been given his orders in Waterford and the first was don,t let Scotland go UDI.


Jane Michcome said:
Saturday, June 8, 2013 @ 6:38 PM

These people governing are the most despicable souls on earth! .. are they feeling the pain and misery they are inflicting on their "subjects" ? OF COURSE NOT!!!! lets just get chauffeured to our next boring meeting..to meet the rest of the F*ckers!!!


George said:
Saturday, June 8, 2013 @ 6:48 PM

It is a certainty the Euro will bite the dust in Spain-Portugal-Greece-Cyprus, and a near certainty the EU will get down to a more manageable 6-8 Northern countries with shared values within this decade. The EU is an unnatural ascociation of non-equals and is destined for the dustbin of history.


Malcolm George said:
Saturday, June 8, 2013 @ 7:22 PM

I absolutely agree with George and the sooner the better. Bring it on, and if you don't it is only going to be a lot more painful. It can never work and they are just postponing the inevitable day.


Charles Pease said:
Monday, June 10, 2013 @ 7:38 PM

It has long been my observation that the EU is a dysfunctional group of unelected non equals making decisions that affect all our lives. It has been evident for some time that it is not working big time.. but it is also their determination that no matter what they will band together and come to a any solution that will keep this group together. I hope that during my lifetime I see the end of this disaster.


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