Nick Skrekas on The PSI Haircut, Solutions for Greece, Constitution & Sovereignty 23 Feb ‘12
Dr. Nick Skrekas, economic analysts and international lawyer, speaks live from Athens to global channel RT. He answers questions on the need for the Greek bond haircut “PSI+,” and how realistic but necessary it is to achieve debt reduction. Nick also proposes realistic solutions and reforms to assist the country’s recovery since the dead end of austerity has resulted in a depressionary spiral that is destabilizing society and fragmenting the political system. He also speaks about the prospective diminution of Greek sovereignty from demands to impose constitutional restrictions on budgets, since they may conflict with peoples welfare and territorial integrity. Also the procedural hurdles to implement Constitutional amendments. Interviewed by anchor Matt Trezza who posed the right questions to Nick live at 12:10 pm on Thursday 23 February 2012. As usual the answers are clear, candid and not beholding to special interest.
Dr. Nick Skrekas, economic analysts and international lawyer, speaks live from Athens to global channel RT. He answers questions on the need for the Greek bond haircut “PSI+,” and how realistic but necessary it is to achieve debt reduction. Nick also proposes realistic solutions and reforms to assist the country’s recovery since the dead end of austerity has resulted in a depressionary spiral that is destabilizing society and fragmenting the political system. He also speaks about the prospective diminution of Greek sovereignty from demands to impose constitutional restrictions on budgets, since they may conflict with peoples welfare and territorial integrity. Also the procedural hurdles to implement Constitutional amendments. Interviewed by anchor Matt Trezza who posed the right questions to Nick live at 12:10 pm on Thursday 23 February 2012. As usual the answers are clear, candid and not beholding to special interest.
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