Thursday, June 6, 2013

For Greeks, IMF mea culpa comes too late

Greeks reacted with a mix of vindication and outrage at the International Monetary Fund's admission it erred in its handling of the country's bailout, berating an apology that comes too late to salvage an economy and countless lives in ruins.

Anger was palpable on the streets of Athens, where the EU-IMF austerity recipe that the Washington-based fund says it sharply misjudged has left rows of shuttered stores and many scrounging for scraps of food in trash cans.

"Really? Thanks for letting us know but we can't forgive you," said Apostolos Trikalinos, a 59-year old garbage collector and a father of two.

"Let's not fool ourselves. They'll never give us anything back. I'm sorry for all the people who killed themselves because of austerity. How are we going to bring them back? How?"