The Greek crisis is reaching a decisive turning point. In the run up to the recent elections many reassurances were made, but everyone knows that what is actually being prepared is a plan for an exit from the euro in an attempt to minimise the consequences and then to put the blame for this on the "irresponsible" Greeks.
The National-led government has passed the legislation by one vote in parliament to part-privatise 4 state owned energy companies. This is a highly unpopular policy with the public with all polls showing 70% or more members of the public opposing the sales. Such opposition is not surprising as New Zealanders have learned through the bitter experience of the consequences of privatisations in the 80s and 90s.