troika

It had been planned to be a lavish celebration on the Pnyx hill next to the Acropolis in Athens where the citizenry would hold popular assemblies in the ancient democratic period.

The angry aftermath of the forest fires last month put paid to Greek Prime Minister Alexis Tsipras hosting European Union and other luminaries in such a way. The event was to mark the formal end of the country’s subordination to the austerity memorandums enforced on it by the “troika” of the European Commission, the European Central Bank (ECB) and International Monetary Fund.

At the recent G7 summit, held May 26-27 in Taormina, Italy, US President Donald Trump said the US was going to leave the Paris Agreement on climate change, a move that may have a devastating effect for the whole planet.

In response to Trump’s declarations, German Chancellor Angela Merkel labelled Trump and British Prime Minister Theresa May as unreliable partners, saying “we must fight for our own future on our own, for our destiny as Europeans”.

Greek pensioners rally in Athens on January 21. Thousands of Greek white-collar professionals, including doctors, lawyers and engineers, took to the streets on January 21, protesting against major tax and pension reforms required by the country’s creditors.