PETER KOENIG: The new 5 billion-euro debt comes with even more austerity
strings attached, more cuts in pensions, salary reductions, of the
remaining meagre social services,
privatization of what’s left of social capital and infrastructure – in
total cuts of about 4.9 billion euros until 2020. These cuts will
further increase poverty, misery, famine, child mortality diseases
without cure, no medications, no hospitals, desperation, the suicide
rate – and the economy that collapsed by 25% since 2011, will further
shrink – beyond the point of no return.
