Thursday, 12 February 2015

Tsipras upsets the apfelkart

The newly-elected prime minister of Greece, Alex Tsipras, is really upsetting the apfelkart by actually honouring his election promises.

Earlier this week the Greek government issued a demand for the repayment of a loan the Nazis forced the Bank of Greece to issue during the German occupation of Greece during the second world war. The Greek Treasury has calculated the loan balance to be €162bn without interest.

Greece is in something of a Mexican standoff with the EU and the IMF who are telling Greece that they can't pull back from the devastating austerity imposed on the country by the international loan sharks at the ECB, EU and IMF whilst Greece is telling them they'll do what they damn well like and if they and if they want to save the €uro and the EU then they'd better start dancing to the Greek tune.

Syriza's hard left politics will never drag Greece out of the financial mire it's been in for most of the last century and all of this one but their firm stance with the loan sharks will at least recover their sovereignty and dignity.


Comments (3)

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If only they had been free (like Iceland) to default, devalue, recover then pay back. It would be all over by now and they would be solvent and free - as much as any modern country is.
"One size fits all" currency is of course madness except it was necessary for a power bloc as opposed to the trading club the EU was scammed to us as. What I didn't know was that the European power bloc was designed soon after WW2 and the USA bullied us into getting involved and wilfully pretending it was just a trade club - see papers released in 2001 under FOI there.
9.00pm UKIP: The First 100 Days Channel 4- One-off fictional documentary, from the producers of Cyberbully and Blackout, is set in a fabricated future where Ukip have won a shock victory in the 2015 general election, and Nigel Farage is Prime Minister of Britain. The film follows the path of a newly elected MP, Deepa Kaur, Ukip's only female Asian MP, as she tries to navigate frontline politics during her first 100 days in office. Deepa settles into the role and works to fulfil Ukip's promises to create a new Britain, remove Britain from Europe and introduce a new crackdown on illegal immigration. Deepa is drawn closer and closer to the centre of power, but her ambition for high office puts her on a collision course with some of her most deeply held convictions. The programme casts members of the public and actors, weaving real-life archive with scripted drama to tell the story of how Britain adapts to a momentous change in government policy and political outlook. The rise of Ukip's electoral support and their prominence in opinion polls is the political phenomenon of recent years and this film provides a timely and innovative exploration of the effect their policies might have on Britain.

Will UKIP oppose this ???? is it within Ofcom Rules so close to an Election
Mike Spilligan's avatar

Mike Spilligan · 526 weeks ago

Good post, Stuart; and I particularly like "...at least recover their sovereignty and dignity". How I'd like that to happen here, even though we escaped lightly by not getting entangled in the euro.

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