Greece hardship and Georgia
By Messenger Staff
Thursday, July 2The international media reads that the Greek government is in last-minute talks over whether to accept an offer that would let Greece repay part of its debt.
The BBC states that Greece is hours away from a deadline to repay a ˆ1.6bn (GBP 1.1bn) loan to the International Monetary Fund (IMF) - one it may miss.
The European Commission (EC) said it made a last-minute proposal of reforms on Monday.
If Athens accepts the deal, it will free up cash to repay the ˆ1.6bn.
A European Commission spokesman said the EC's president, Jean-Claude Juncker, was called by Greek Prime Minister Alexis Tsipras on Monday night.
Mr Juncker then offered Greece the latest deal, with a midnight deadline. That has since expired.
However, Greek media say the government is still in talks over the offer.
The problems Greece is facing now are not only Greece’s – they are related to the whole of Europe and Georgia as well.
Since the “dark 1990s” in Georgia, lots of Georgians have left for various countries to find jobs and to provide for their families.
Greece is amongst the countries with the most Georgian citizens.
Several Georgians living in Greece have already contacted to Georgian media, discussing the complicated situation in the country that is affecting their lives.
They stated that owing to the slowdown in the banks, they have not still taken their own salaries.
It is known that in case people lose their jobs in Greece, it will become a serious problem for their families and for the country, and remittances will decrease.
Currently Georgia has a problem with regards to the national currency as it has lost up to 30 % of its value against the dollar and the decrease is likely to also affect the situation.
Of course it is hard for Georgia to make changes in international policy. However, none of the governments here have managed to solve the unemployment problem.
Unfortunately, the fate of thousands of our citizens is dependent on some other countries.