Gruniaad on Greece
Posted: 09 Feb 2015, 15:40
It seems that they think like all the rest of the world's politicians, that this is all Rhetoric from Greece.
Very few, except perhaps the markets, have actually woken up to the fact that this may not be Rhetoric on the part of Greece. This may be a simple statement of intent with direct fact following up behind.
Everyone assumes that the Coalition will fall if the Troika stands fast. Did they forget that the Coalition partners split from Pasok because they believed that exiting the Euro was better than staying and paying the price of entry.
However they gave me one real gem which I intend to use at every possible opportunity. Trying to make a hard point they stated something which they would, under other circumstances, never utter.
Think that one over for a bit.
My "pay cut" continues to bite. It can only get worse as the pundits recognise that Greece is not holding a gun to it's head. Greece is holding out an olive branch and the Troika plus Germany is holding them to ransom with a cannon. It has not escaped my notice that Germany directly intervened in ECB policy without any agreement with it's neighbour countries when it forced the ECB to cancel Bond funding to Greek banks in order to have a, supposedly, stronger negotiating stance with the Greek finance minister.
Something, I assure you, every other member of the Euro Zone will have taken note of.... I believe Germany has overplayed it's hand on this one and it's about time too. People need to see the reality that underpins the theory that is the Euro.
I believe Germany played right into Greek hands with that move. Tsipras has rejected their stance and now it's down to follow up meetings.
Also the Guardian article talks about how Draghi "manipulated" Germany into what he wanted. I notice they didn't capitulate until it was clear that even Germany had dipped into recession.......
The guy who wrote this article is blind and bigoted. Not a good place to find a clear viewpoint from.
Very few, except perhaps the markets, have actually woken up to the fact that this may not be Rhetoric on the part of Greece. This may be a simple statement of intent with direct fact following up behind.
Everyone assumes that the Coalition will fall if the Troika stands fast. Did they forget that the Coalition partners split from Pasok because they believed that exiting the Euro was better than staying and paying the price of entry.
However they gave me one real gem which I intend to use at every possible opportunity. Trying to make a hard point they stated something which they would, under other circumstances, never utter.
But the primacy of bureaucracy over democracy is a core principle that EU institutions will never compromise
Think that one over for a bit.
My "pay cut" continues to bite. It can only get worse as the pundits recognise that Greece is not holding a gun to it's head. Greece is holding out an olive branch and the Troika plus Germany is holding them to ransom with a cannon. It has not escaped my notice that Germany directly intervened in ECB policy without any agreement with it's neighbour countries when it forced the ECB to cancel Bond funding to Greek banks in order to have a, supposedly, stronger negotiating stance with the Greek finance minister.
Something, I assure you, every other member of the Euro Zone will have taken note of.... I believe Germany has overplayed it's hand on this one and it's about time too. People need to see the reality that underpins the theory that is the Euro.
I believe Germany played right into Greek hands with that move. Tsipras has rejected their stance and now it's down to follow up meetings.
Also the Guardian article talks about how Draghi "manipulated" Germany into what he wanted. I notice they didn't capitulate until it was clear that even Germany had dipped into recession.......
The guy who wrote this article is blind and bigoted. Not a good place to find a clear viewpoint from.