An online petition asking the US Congress to oppose IMF’s ‘Assault’ on Greece has surfaced online after Greece missed its June deadline to pay €1.6 billion to the Institution, becoming the first developed country to default on its international obligations.
The petition has been signed by more than seven thousand people in less than 24 hours.
Here is the the full text of the petition:
Greece is experiencing a financial crisis imposed by the hardline austerity demands and dangerous brinkmanship of its official creditors, especially the International Monetary Fund [IMF]. The IMF is a US-taxpayer financed institution. President Obama and US Nobel-prize winning economists Paul Krugman and Joseph Stiglitz have criticized the IMF policies which have led to this crisis, which is coming to a head this week with threats that Greece may be forced to default on its debt and leave the Euro if Greek voters don’t approve new austerity demands, including cuts to public pensions and raising the retirement age.