“Greece is in deep recession, GDP has contracted by 22pc since 2008 and unemployment has spiralled to 27pc as the Greek government has implemented deeply unpopular EU-IMF austerity measures or ‘fiscal adjustment’ in return for loans.  ‘Our society has reached its limits. But finally we are meeting our targets and the programme is being improved,’ said Antonis Samaras, the Prime Minister, in a nationally televised address.  ‘Soon, Greece will not depend on the memorandums. Greece will have growth, it will be competitive and outward-looking. In other words, we will have a strong Greece.'”

http://www.telegraph.co.uk/finance/financialcrisis/9995140/Greece-to-sack-4000-state-workers-to-unlock-bail-out-cash.html

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