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02-26-2013, 09:53 AM #1
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HOW BROKE IS GREECE? THIS BROKE
HOW BROKE IS GREECE? THIS BROKE
Feb. 26, 2013 8:30am Jonathon M. Seidl
BERLIN (AP) — The Swiss branch of the Red Cross says it is cutting its supply of donor blood to Greece because the country has failed to pay its bills on time.
A pedestrian walks by as a homeless man sleeps on a metro air vent above an underground station to warm up as at the background a huge Greek flag is seen in Omonia Square, central Athens, on Tuesday, Feb. 26, 2013. Greece’s annual gross domestic product is set to contract by 4.5 percent this year, the report said, which matches revised government forecasts. Successive tax hikes and state spending cuts have pushed unemployment up to 27 percent, according to data for last November, while 61.7 percent of workers under age 24 are jobless. Credit: AP
The head of the Swiss Red Cross’ transfusion service says the number of blood packets delivered to Greece will be halved to 14,000 by 2020.
Rudolf Schwabe on Tuesday confirmed Swiss media reports that Greece had run up debts of several million Swiss francs (dollars) in the past.
Those debts have been repaid but Schwabe says the non-profit SRC took the decision to limit its financial risk.
The Swiss blood sent to Greece comes from unused emergency stockpiles. It helps meet high demand in Greece caused by the prevalence of thalassemia, a genetic disorder whose carriers need regular blood transfusions.
How Broke Is Greece? This Broke | TheBlaze.com
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