RATHER THAN BE FORCED TO SELL INSULIN AT A LOSS, A DANISH PHARMACEUTICAL COMPANY WITHDRAWS FROM GREECE

THE FRUITS OF SOCIALISM:

The world's leading supplier of the anti-diabetes drug insulin is withdrawing a state-of-the-art medication from Greece.

Novo Nordisk, a Danish company, objects to a government decree ordering a 25% price cut in all medicines.

A campaign group has condemned the move as "brutal capitalist blackmail".

More than 50,000 Greeks with diabetes use Novo Nordisk's product, which is injected via an easy-to-use fountain pen-like device.

A spokesman for the Danish pharmaceutical company said it was withdrawing the product from the Greek market because the price cut would force its business in Greece to run at a loss.

The company was also concerned that the compulsory 25% reduction would have a knock-on effect because other countries use Greece as a key reference point for setting drug prices.

'Insensitive'

Greece wants to slash its enormous medical bill as part of its effort to reduce the country's crippling debt.

International pharmaceutical companies are owed billions in unpaid bills. Novo Nordisk claims it is owed $36m (£24.9m) dollars by the Greek state.

GOOD FOR NOVO NORDISK!

THE GREEKS OUGHT NOT TRY TO MAKE OTHER PEOPLE PAY FOR THEIR DEBTS.

DEBTS RUN UP BY THEIR THEIR SOCIALIST STATE.

DEBTS ALL SOCIALIST GOVERNMENT PROGRAMS ALWAYS RUN UP.

AS LADY THATCHER ONCE SAID:

"...and Socialist governments traditionally do make a financial mess. They [socialists] always run out of other people's money. It's quite a characteristic of them."

OR: THE PROBLEM WITH ROBBING PETER TO PAY PAUL IS THAT PETER EVENTUALLY RUNS OUT OF MONEY.

IN THIS CASE, NOVO NORDISK HAS RUN OUT OF PATIENCE.

NOVO NORDISK IS ENTITLED TO CHARGE WHAT THEY CAN WHERE THEY CAN AND TO SELL OR NOT SELL THEIR PRODUCT TO WHOMEVER THEY CHOOSE.

THAT IS NOT GREEDY OR SELFISH.

THE GREEK GOVERNMENT IS ACTUALLY BEING GREEDY, COVETOUS, AND AVARICIOUS BY FAILING TO PAY FOR THE PRODUCT THEY AID THEY'D PAY FOR AND BY DEMANDING IT BE SOLD FOR LESS THAN THE SELLER WANTS.