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Nightmare vision for Europe as EU chief warns ‘democracy could disappear’ in Greece, Spain and Portugal

Posted By admin On June 15, 2010 @ 4:26 am In Featured Stories,Prison Planet | Comments Disabled

Jason Groves
UK Daily Mail [1]
Jun 15, 2010

Democracy could ‘collapse’ in Greece, Spain and Portugal unless urgent action is taken to tackle the debt crisis, the head of the European Commission has warned.

In an extraordinary briefing to trade union chiefs last week, Commission President Jose Manuel Barroso set out an ‘apocalyptic’ vision in which crisis-hit countries in southern Europe could fall victim to military coups or popular uprisings as interest rates soar and public services collapse because their governments run out of money.

The stark warning came as it emerged that EU chiefs have begun work on an emergency bailout package for Spain which is likely to run into hundreds of billions of pounds. 

A £650 billion bailout for Greece has already been agreed.

John Monks, former head of the TUC, said he had been ‘shocked’ by the severity of the warning from Mr Barroso, who is a former prime minister of Portugal.

Mr Monks, now head of the European TUC, said: ‘I had a discussion with Barroso last Friday about what can be done for Greece, Spain, Portugal and the rest and his message was blunt: “Look, if they do not carry out these austerity packages, these countries could virtually disappear in the way that we know them as democracies. They’ve got no choice, this is it.”

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URLs in this post:

[1] UK Daily Mail: http://www.dailymail.co.uk/news/worldnews/article-1286480/EU-chief-warns-democracy-disappear-Greece-Spain-Portugal.html

[2] Image: http://infowars-shop.stores.yahoo.net/post4rioffe.html

[3] Could The Financial Crisis Erupting In Ireland, Portugal, Greece And Spain Lead To The End Of The Euro And The Break Up Of The European Union?: http://www.prisonplanet.com/could-the-financial-crisis-erupting-in-ireland-portugal-greece-and-spain-lead-to-the-end-of-the-euro-and-the-break-up-of-the-european-union.html

[4] Spain, Portugal and Belgium set to follow Ireland into abyss as debt crisis threatens to destroy the euro: http://www.prisonplanet.com/spain-portugal-and-belgium-set-to-follow-ireland-into-abyss-as-debt-crisis-threatens-to-destroy-the-euro.html

[5] British Prepare Evacuation Plans Ahead of Spain and Portugal Collapse: http://www.prisonplanet.com/british-prepare-evacuation-plans-ahead-of-spain-and-portugal-collapse.html

[6] Greece → Ireland → Portugal → Spain → Italy → UK → ?: http://www.prisonplanet.com/greece-%e2%86%92-ireland-%e2%86%92-portugal-%e2%86%92-spain-%e2%86%92-italy-%e2%86%92-uk-%e2%86%92.html

[7] Portugal And Ireland’s Private Debt Levels Are Far Worse Than Even Greece: http://www.prisonplanet.com/portugal-and-irelands-private-debt-levels-are-far-worse-than-even-greece.html

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