When enough 'plans' fail - Greeks will turn to a charismatic leader who will promise them that if they give him enough power, he'll make things better even if he has to use force. Hello Hitler...
But will that leader be able to build an awesome war machine to challenge the world? Not with Greeks used to sitting on their asses.
isn’t that a universal constant in europe?
that is how monarchies are formed.
aristocracies consolodate power.
the trains run on time.
musolini.
tito.
stalin.
the list goes on and on.
this fool is nothing more than a nevil chamberlin.
According to an energy industry source who declined to be named, DEPA has no cash to settle gas supply bills worth a total 120 million euros ($148.4 million) with Italian gas firm Eni (ENI.MI), Turkey's Botas and Russia's Gazprom (GAZP.MM), which fall due this month.
DEPA CEO Haris Sahinis declined to comment on the company's cash position but told Reuters: “DEPA is taking every action to avoid owing anything to its suppliers.”
If DEPA cuts off supplies, Greece's independent power producers such as Elpedison, Mytilineos (MYTr.AT), Heron and Corinth Power - which cover about 30 percent of the country's power demand - would be forced to stop operations.
Greece's grid operator ADMIE would then have to proceed to rotating power cuts to avoid a general blackout, just as the country's summer tourism season, a rare foreign exchange earner for the country's uncompetitive economy, goes into full swing.
http://uk.reuters.com/article/2012/06/01/us-greece-power-idUKBRE8500ML20120601