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Did you read the entire article? > Prime Minister Zoran Milanovic has convinced multiple cities, public and private companies, the country's major telecommunic
by raffomania 12y ago
Did you read the entire article?
> Prime Minister Zoran Milanovic has convinced multiple cities, public and private companies, the country's major telecommunications providers, as well as nine banks to clear some of their citizens of their debt.
This means that the losses happen with consent of the corporations involved.
- hnnewguy 12y ago>convinced I wouldn't put much stake in that. What choice do you have when the government is trying to "convince" you to do something? You play ball.
- ptaipale 12y agoThere's consent and there's consent. Like as a shop owner I consent to give some money to a don, because it would be such a shame if my business burned down. Not saying that the convincing is necessarily done via threats, or is a bad thing at all, but "convincing" has many meanings.
- mseebach 12y agoWell, it's vague at best. If, indeed, the case is that these institutions voluntarily did cancel some debt, first, they have abysmal PR teams, letting the PM run with the credit for it. Second, the headline is just wrong. "Croatia" didn't do anything, a number of creditors did. Third, it's unlikely that all poor debtors had all their debt to these creditors, and any debt to creditors not participating in the scheme would not have been cancelled. Either that, or the somewhat more plausible explanation, that the word "convinced" just doesn't quite describe the process that is taking place.