SA, Greece paralells – Create environments which advance trust
Shawn Hagedorn says policy makers in both Greece and South Africa must focus less on whether outcomes are fair and more on creating environments which advance trust.
Shawn Hagedorn says policy makers in both Greece and South Africa must focus less on whether outcomes are fair and more on creating environments which advance trust.
Greece’s track record suggests EU should be wary. Mark Twain warned: “If you pick up a starving dog and make him prosperous, he will not bite you.” Men do.
Greece’s 40 year old Prime Minister Alexis Tsipras took duplicity to a new level last night when he told his nation the only reason he agreed to the EU’s fresh loan demands was because he had “a knife on my neck.”
Despite Tsipras changing his mind, he now faces another Oxi which is now certain to be Outski. History has many examples where turkeys voted for Christmas.
Greece’s PM has three days to convince Parliament to comply. Paradoxically, the Spanish example suggests this is precisely what the Greece’s economy needs.
Zuma’s hold on levers of power is so absolute, most critics have given up fighting him, biding their time until 2019. But what if the President won’t go?
The Greek Economic Tragedy that has been building for months finally comes to a head today with the country increasingly unlikely to be able to meet the scheduled repayment of $1.7bn.
The Greek tragedy continues: By tomorrow (Tuesday) the Greeks must pay back 750-million euros to the IMF or risk future default and an unknown future.
Greek Prime Minister Alexis Tsipras will attempt to sell a package of economic reforms demanded by creditors to his leftist party in the next few days, reports said on Wednesday.
Though Greece’s new left-wing government has insisted it won’t seek another bailout, the debt-strapped country could need some form of assistance to see it beyond the summer