THE European Union and IMF have demanded that Greece must put in place austerity measures in the country before they consider any further loans or readjustment of present loan.

It sounds a reasonable economic request until you wonder how did the country get into this situation.

The industrial northern countries in the Union have benefited and it is they who will feel the pinch should Greece default. Therefore it is in their interests to find a solution that is acceptable to all. It amazes me that the EU demands Greece to lay out a proposal knowing fully well that it is unlikely to be acceptable to the Greek public. If I am not mistaken, the EU accounts have been certified by the appointed accountants.

Is this not a case where the pot is calling the kettle black?

VIM RODRIGO
Rivermead Road, Rose Hill, Oxford