OH CRAP: Huge Shakeup At The Top Of The Greek Military

greece

Photo: ap

In a move that confounds us, Greek defence minister Panos Beglitis just proposed a huge shakeup in military personnell, according to Athens News.Surprisingly, he announced the replacements of the chiefs of staff of four military branches with lieutenant generals.

The shakeup comes on the heels of PM George Papandreou’s proposal to hold a popular referendum on the terms of the second Greek bailout announced by EU leaders last week.

It is the newest sign that political instability is pushing Greece even closer to the edge of default.

That referendum is looking increasingly unlikely. Indeed, it looks like the ruling party will choose new elections over a popular vote on austerity.

Regardless, we could be seeing a turning point in Greece. More to come as we figure out what this military shakeup means.

UPDATE: Speculation abounds that defence Minister Beglitis could have been trying to break up what could have been a military coup, according to the Telegraph.

Evidently, army officers ransacked the Ministry of defence last month in protest of pension cuts. That provoked anger from Beglitis, who called the military a “state within a state.” Evidently, heat has been escalating within the military about a possible backlash to austerity.

DON’T MISS: OK, here’s why this referendum is probably not going to happen in Greece >

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