ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN PROF. SKOSPLES' ECONOMIC SYSTEMS COURSE AT OHIO WESLEYAN UNIVERSITY
Monday, October 5, 2009
Socialists win in Greece; 'hard work' ahead, Papandreou says
Greece's opposition Socialist party on Sunday defeated the incumbent center-right government of Prime Minister Kostas Karamanlis, as Socialist leader George Papandreou promised to chart a new course for an economic comeback. Papandreou's belief for rebuilding the economy won over his democratic opponent, who wanted to cut spending, as Papandreou wants to propose an economic stimulus package. However, there are arguments over where will the money come to fund this stimilus.
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