Greek government approves brutal austerity measures in proposal to EU

Click here to access article by Alex Lantier from World Socialist Web Site. 

This is quite an amazing turn-about for the Syriza leadership following so closely on the referendum vote! Apparently the views of James Petras and William Engdahl were correct. 

Greece’s Syriza-led government agreed to a massive new €13 billion (US$14.34 billion) package of austerity measures yesterday evening, less than a week after Sunday’s landslide “no” vote in a referendum on European Union (EU) austerity.

The proposal would be the deepest package of cuts since the EU austerity drive began in Greece in late 2009. It goes well beyond the proposed €8 to 9 billion in cuts initially demanded by the EU in talks with Syriza.

See also this and this related to the same subject.