Political Institutions and Southern European Nation

global economic forces: The state of siege that has been inflicted on this southern European nation of 11 million people by an economic order and its political institutions, which together amount to a juggernaut, has removed any last vestige of pretense as to the true nature of Western democracy, according to Russia Today. It does not serve the masses of the people, it rules over them in the interests of global economic forces that brook no dissent or defiance to their writ, in the face of which no border, no culture, and no democratic mandate is sacred. Get short URL Published time: July 13, 2015 12:54 Tags Austerity, EU, Global economy, Greece, Politics Not since the end of WWII has a people and nation in Western Europe been forced to endure the economic hardship and privation that Greece and its people are suffering today - a clear violation of democracy and national sovereignty. The choice presented to the Greek Government, led by its prime minister, Alexis Tsipras, was simply a choice between ‘bad’ and ‘catastrophic’. With the country facing a shortage of food and medicines, Tsipras was left with little alternative but to accept a package of austerity reforms in order to release another installment of emergency bailout funds from the European Central Bank. As he wrote in the UK Guardian newspaper recently: To exit, we would have to create a new currency from scratch. Greek debt crisis: EU leaders struggle to reach bailout compromise LIVE UPDATESFor those advocating ‘Grexit’, Greece departure from the euro and eurozone, the words of the country former finance minister, Yanis Varoufakis, should make sober reading. (news.financializer.com). As reported in the news.