Pangalos = Fat Bastard

[El Greco]

According to Greg Palast.

Can't find much to disagree with. It's an accurate portrait of the quality of politicians that have led Greece to hell. And, whatever euromorons say today, such turds are STILL in the power in Greece. Of course, ultimately, it's the people's fault, only that now they are too numbed by the shock doctrine to react.

 

[Darth Rotor]

According to Greg Palast.

Can't find much to disagree with. It's an accurate portrait of the quality of politicians that have led Greece to hell. And, whatever euromorons say today, such turds are STILL in the power in Greece. Of course, ultimately, it's the people's fault, only that now they are too numbed by the shock doctrine to react.

Please forgive me for thinking your post was about a character in a story written by Voltaire.

 

[Puppycow]

Are things beginning to turn around at all there or still getting worse?

 

[GlennB]

Are things beginning to turn around at all there or still getting worse?

Ratings agency Fitch upgraded Greece's credit rating, citing progress in cutting its budget deficit and the risk of a eurozone exit receding.
Fitch up-rated Greece by one notch from CCC to B-, which is still junk status.

And Greece/China trading deals are being talked up. But it all looks a bit like the 'bouncing cat' to me.

From the o/p article this bit made me laugh:

"Minister Pangalos is much loved by Europe’s banking chieftains, by vulture speculators and by Prussian President Angela Merkel because they’ve got themselves a gigantic Greek who will mouth their mantra: that his nation’s sudden collapse can be blamed squarely on olive-pit-spitting, lazy-ass Greeks who won’t work more than three hours a week, then retire while they’re still teenagers to swill state-subsidised ouzo.
.......
Just for the record, Greeks who can get a job work 619 more hours per year (see table) than the average German (and way, way more than Britons or Americans, as well)."

(though it's probably fair to say the Greek average is boosted by a million mini-market owners who are open 12x7)