Austerity measures is one way of coping with the unprecedented economic crisis. The exploitation of National wealth like oil and gas is the other. To this direction this article is just a reminder. On January the Greek Prime Minister George Papandreou met with his Turkish counterpart Recep Tavyip Erdogan to hold private talks for several hours regarding hydrocarbons in the Aegean Sea, fuelling speculation of a major disagreement over territory and ownership rights. The spending reduction policy implemented day by day by itself is only serving the EU to buy time for it's effort to avoid a possible domino effect following the Greece's default. Facing an economic annihilation Greece has to do something about it's possible natural resources without any more delays...
No comments:
Post a Comment