February 21, 2012
Even as the European Union signed off Tuesday on a sweeping new arrangement to help avert a Greek default and stabilize the euro, many people here on the streets saw no end to their country’s woes.
“They don’t want to kill us but keep us down on our knees so we can keep paying them indefinitely,” said Eva Kyriadou, 55, as she stood in a square in downtown Athens where the smell of tear gas and the smashed facades from last week’s violent riots still lingered.
Indeed, the deal was reached amid a growing air of stalemate and concern. Greece’s foreign lenders expressed doubts that the new austerity measures the Greek Parliament passed last week — including a 22 percent cut to the private-sector benchmark minimum wage — would actually be carried out, at least before early national elections as soon as April.
Others are concerned that in the fine print of the 400-plus-page document — which Parliament members had a weekend to read and sign — Greece relinquished fundamental parts of its sovereignty to its foreign lenders, the European Commission, the European Central Bank and the International Monetary Fund.
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