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– Eurozone crisis: Merkel tells Athens and Paris to stick to spending limits (Guardian, May 7, 2012):
Europe’s 30-month effort to save the euro by slashing spending and debt levels risks turning into a crisis of political legitimacy after EU leaders’ strategies collided spectacularly with the wishes of voters in Greece and France.
The impasse was most graphically demonstrated when Germany’s chancellor, Angela Merkel, insisted Athens must comply with the stringent terms of its €130bn (£100bn) bailout even though more than 60% of the Greek electorate had voted for parties rejecting those terms.
Following a French election campaign in which she strongly backed the loser, Nicolas Sarkozy, and snubbed the president-elect, François Hollande, Merkel stressed her opposition to Hollande’s central campaign pledge: reopening the euro’s new rulebook, or fiscal pact.
“That’s just not on,” she told a Berlin press conference called to address the huge shift from right to left in France.
By Richard Cottrell
Richard Cottrell is a writer, journalist and former European MP (Conservative).
– First new concentration camps in Europe set to sprout on Greek soil (End The Lie, April 12, 2012):
As if the current circumstances of austerity-riven Greece were not bad enough already, it seems that the country is set to have a dozen or so concentration camps dotted around the country.
In language that might have been lifted straight from the Nazi lexicon, these establishments will be known as ‘closed-hospitality’ centers.
The incarcerates will be undocumented – meaning unwanted – refugees flooding in from North Africa, particularly the once prosperous and richest country in the Maghreb belt, namely Libya.
Most of the Mediterranean countries are in the thick of the refugee tide, but Greece is so far the only country that plans to compulsorily pen them up.
The first ‘reception center’ is scheduled to open at a former army base near Athens in the next few weeks.
Why the sudden haste, you ask? The answer is simple. A general election is scheduled for May 6th.
– Greek military ready to intervene and take over Greek Parliament (Examiner, Feb. 23, 2012):
The Greek military is ready to take over Greece and dethrone Papademos’ led transitional government according to two sources who spoke on condition of anonymity but are high ranking members of the Greek armed forces.
The onset of the military intervention plan found its roots when Mr. Papoulias, Greek President, held a state dinner surrounded by his military leaders and asking for their support to take Greece back and protect its sovereignty.
The call for support of the military was held after the Financial Times leaked the story that Germany wanted to put Greece under the auspices of a new EU commission, led by Germany.
Such a drastic action may have serious consequences for Greece one of which is that this will definitely result in the country leaving the Eurozone, but that may be the least of their immediate problem.
– Greek Parliament Backs Austerity as Rioters Burn Buildings (Bloomberg, Feb. 13, 2012):
Feb. 13 (Bloomberg) — Greek Prime Minister Lucas Papademos won parliamentary approval for austerity measures to secure an international bailout after rioters protesting the measures battled police and set fire to buildings in downtown Athens.
Police said 45 buildings were set on fire in arson attacks in central Athens last night by anti-austerity protesters including a Starbucks Corp. cafe and a bank. The blazes were near a bank that was set on fire in May 2010, killing three employees during a general strike against Greece’s first bailout package.
Demonstrators tore up marble in front of parliament that they hurled with fire-bombs at police guarding the chamber. Officers in riot gear responded with tear-gas and flash grenades. Fifty officers were injured in the violence, police spokesman Takis Papapetropoulos said by telephone. The Greek Health Ministry said in an e-mailed statement that 70 people had been taken to local hospitals. Police said 67 rioters were arrested.
“Vandalism, violence and repression have no place in democracy and won’t be tolerated,” Papademos told lawmakers before the vote. “In such critical times we have no luxuries for such conflict.”
– Greek prime minister warns of ‘uncontrolled chaos’ if country defaults (Telegraph, Feb. 10, 2012):
Lucas Papademos, prime minister, struggled to maintain order in parliament ahead of Sunday’s crucial vote on the budget plans which he needs to win to secure Greece’s €130bn (£109bn) bail-out.
Six ministers resigned in protest over the budget plans, which include tough spending and pension cuts, that were approved on Thursday by political leaders.
Late on Friday night, the remaining memebers of the cabinet approved the draft bill of austerity measures which the country’s parliament will vote on on Sunday.
Earlier in the day, George Karatzaferis, leader of Greek far right in coalition, walked out of the national unity government saying he would refuse to vote on Sunday. Although his party cannot block the vote, his stance rattled European markets.
“Humiliation was imposed on us. I will not tolerate this… no matter how hungry I might be,” he said. “Greece must not and cannot be outside the EU. But it can do without the German boot.”
YouTube Added: 09.12.2011
– The EU’s architects never meant it to be a democracy (Telegraph, Nov. 12, 2011)
So, as headlines scream that vain bids to save the euro threaten us with “Armageddon”, the EU’s ruling elite has toppled two more elected prime ministers, to replace them with technocratic officials who can be trusted to do Brussels’s bidding.
The new Greek prime minister, Lucas Papademos, was the man who, as head of Greece’s central bank, fiddled the figures to enable Greece to get into the euro (against the rules) in the first place – before being rewarded with a senior post in the European Central Bank. He is no more democratically elected than Mario Monti, who will most likely be Italy’s new prime minister and had hurriedly to be made a “senator for life” to qualify him for the job. Monti’s main qualification is that, as a former senior EU Commissioner, he has long been a member of the Brussels elite himself.
– Argentina’s Economic Collapse (Documentary)
– Socializing losses: Trilateral takeover of Europe? (RT, Nov. 13, 2011):
The sovereign debt crisis tightening its grip on Europe has claimed the scalps of two prime ministers – those of Greece and Italy. Looking at the men poised to replace them, one cannot but ask – is this another turn of the screw for ordinary people?
Greece and Italy hold huge swathes of public debt they are unable to service unless they get massive European Central Bank and International Monetary Fund support, as a prelude to refinancing by international banks.
Greece has replaced its prime minister after he dared to say he would put a further round of harsh austerity measures to a referendum vote. The country’s new PM is Lucas Papademos, former vice president of the ECB and of Greece’s own Central Bank, and a member of David Rockefeller’s (JPMorgan Chase/Exxon) powerful Trilateral Commission.
As for Italy, instead of Silvio Berlusconi they got the former European Commissioner Mario Monti, who happens to be European chairman of the Trilateral Commission.