Greeks Bearing Debts
As Greeks Get Restless, Government Makes Concessions

Greece’s can-kicking leg is getting weaker: signs abound that the country barely scraped together enough money on Thursday to issue pension payments to over 2 million Greeks. The country’s payments to pensioners are spread out over several days, and problems began to appear as early as Tuesday, as pensioners found their payments delayed by several hours. Last-minute incoming funds on Wednesday apparently helped the government finish the payments today.

The government claimed it was a ‘technical glitch,’ but pensioners did not appear to believe them. It’s not clear how much longer the government can go on like this, and voters are becoming aware how desperate their situation is. Open Europe:

A new GPO poll for Mega TV shows that 75.6% of Greeks want their country to stay in the Eurozone at any cost. According to a separate Marc poll for Alpha TV, 65.1% of respondents are in favour of an agreement between the Greek government and its creditors – while only 31% support a rift between the two sides.

Perhaps in response to growing public unrest, the Greek government has started to make concessions to European leaders, while making additional noises about selling off two ports and showing signs of bending on certain aspects of tax and pension policy. May 12, the date the IMF bill comes due, could finally force a resolution to the long-running Greek drama.

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