The Greek people are angry with their incompetent and corrupt government, because the government can't continue to give them money for nothing.
Wait till the German people realize their hard-earned savings will go to Greece, so that Greek living standards won't fall too much.
The volcano will seem like a small problem when this all shakes out.
* * * * * J B K * * * * *
San Francisco
Prime Minister George Papandreou's decision to call for the talks prompted a reaction of "rage" among 48 percent of Greeks surveyed in a poll in the Eleftheros Typos newspaper yesterday. Nine of 10 people surveyed said they expected the IMF to insist on more belt-tightening. Labor unions have threatened new strikes over the prospect of more budget cuts.
"The Greek government has managed to ride out the storm of public protest, which for the most part has been reasonably peaceful," Colin Ellis, an economist at Daiwa Capital Markets Europe Ltd. in London, wrote in an e-mail to investors. "But if public opposition to further austerity measures hardens, the Greek government could find it even tougher to put the public finances back on a sustainable footing."
http://www.bloomberg.com/apps/news?pid=20601068&sid=aZ6ZxeVjWe8c
