Ovi -
we cover every issue
Stop human trafficking  
Ovi Bookshop - Free Ebook
worldwide creative inspiration
Ovi Language
George Kalatzis - A Family Story 1924-1967
The Breast Cancer Site
Tony Zuvela - Cartoons, Illustrations
International Red Cross and Red Crescent Movement
BBC News :   - 
iBite :   - 
A Greek "NO" for all the Europeans
by Thanos Kalamidas
2015-07-05 10:46:14
Print - Comment - Send to a Friend - More from this Author
DeliciousRedditFacebookDigg! StumbleUpon

This moment the whole Europe is watching Greece, holding her breath. A possible “YES” will definitely satisfy the creditors and the European establishment but it will also keep the whole Europe chained in a constant recession, austerity and more economic disasters in the horizon. A possible “NO” vote will be welcome from most of the Europeans who want to escape from economic dogmas  that keep them away from any kind of progress and growth.

A “YES” result will mean more economic measures, more austerity, more deflation, and more unemployment. Spain followed the program enforced by the troika to the letter and there are some signs of growth but with what result? 25% unemployment still, 30% reduction of life standards. For Greece the same numbers after five years with austerity measures under the strong observation from the troika are simply devastating:

1,500,000 people lost their jobs

20,000 homeless only in Athens

25% reduction of the GOP

3,000,000 living in poverty

300,000 live thanks to the help from the Greek Church and NGOs

35% of businesses closed

38% salary reduction

40% households’ income reduction

42.8% increase in child mortality

45% pension reduction

72% under 25 are unemployed

84.3% reduction of consuming activity

85% reduction of construction

98.2% increase in poverty rates

190.5 increase unemployment

272.7% increase of desperation rate

10,000 have committed suicide

This is the result of the troika and the government of Mr Antonis Samaras who is representing the “YES” vote in Greece but in true in cooperation with the European establishment he is trying a political coup.

However, while the Greek people suffered for “their own good” and the measures proved to be a total disaster, the debt – instead of decreasing – increased dramatically. Now it is impossible to repay it. In 2009 when the crisis started, the Greek debt was 112.9 percent of the GDP, by the end of 2014 it was 175.1 percent. In euros, the Greek debt was 263.28 billion euros in 2009, and it reached 375.17 billion euros by 2014 and still climbing, daily (source: Eurostat). In the meantime growth in Greece fell under 0 percent, without any immediate hope to rise if the recession and the austerity measures continue. It is also noticeable that the Greek debt, in real money, was and still is, ridiculous next to the Italian, French or even the German foreign debt, not to mention the US debt, which is vertiginous by any standards.

oxi01_400The Troika’s and EU’s failure to help Greece was tremendous and the IMF was eventually forced to admit it even though it never tried to change anything. Actually yesterday and supposedly under the pressure of the US congress, IMF was forced to publicize a report that explains all that adding that without a strong cut, over 30% and the same time a big financial help Greece is doomed. Why they said it now? First of all as it has become known they were strong pressures form the European governments and especially the German to cover it (and they have for sometime) for the simple reason they didn’t want to acknowledge responsibility and perhaps influence the Greek’s reaction in the referendum. But there was also another agenda which more evil. The IMF profited more than 4 billion euros in interests the same period from Greece. The same applies with all the friends, allies and partners in Europe. Germany only profited 40.9 billion euros from the Greek crisis in 2010-2013 – in interest alone – 11% of the Greek debt as it is today.

And then it was just politics. Pure revengeful petty politics. Europe this moment is governed by conservative, far-right and social-democratic parties who hate to see a leftish prime minster from a tiny country in the south prove that they were wrong in everything they did. Prove that even the policies they practiced in their own country are wrong. So out of egoism and political agendas they punish 12,000,000 human beings.

They actually consider suicides and unemployment as collateral loses on the way for the euro-stability. These were the arguments during the pro-referendum days. Less people died in Yugoslavia during the civil war and nobody thought of them as collateral loses, not to mention the British demonstrations and the American tears for the loses during the Iraq and Afghanistan war. In Greece the EU establishment saw them as collateral loses. I’m sorry but in my dictionary this is called genocide.

But who cares what am I saying? As the director of the IMF, Mrs Lagarde said, if the people vote ”NO” we will consider the result illegal and let Greece bankrupt, if they vote “YES” and overthrow Tsipras – the newly elected Greek PM – then we will come in an agreement with them. With her agreed and emphasized with more threats Mr Jean-Claude Juncker, the president of the European Commission, Martin Schulz, the president of the European Parliament, Jeroen Dijsselbloem from the eurogroup and of course the German economic minister and representative of the Merkelism dogma, Mr Wolfgang Schäuble.

These are insults, not only for the Greek people but for every single democrat everywhere in the world. They also show the arrogance of the money oligarchy that governs the European continent this moment in violation of the European principals that are based in democracy and solidarity.

The referendum of July 5th in Greece is not about a currency, it is not about a small country with a huge debt; it is about democracy and this is why it is important for every European, for every citizen of this world wherever they live. If Greece falls, who is the next?

“Let those who feel
the heavy brazen hand of fear
bear slavery:
freedom needs virtue,
needs daring”


                --  Adreas Kalvos (Greek poet)


Print - Comment - Send to a Friend - More from this Author

Get it off your chest
 (comments policy)

William2015-07-06 00:01:52
Germany is trying to start a war with the rest of Europe. Plain and simple-

Emanuel Paparella2015-07-06 04:17:07
No has won and this is what Paul Krugman, a Nobel prize in economics and New York Time columnist had to say about it: "we have just witnessed Greece stand up to a truly vile campaign of bullying and intimidation, an attempt to scare the Greek public, not just into accepting creditor demands, but into getting rid of their government. It was a shameful moment in modern European history, and would have set a truly ugly precedent if it had succeeded." Indeed, what really won was Democracy, the original gift to Europe from the Greek people.

Carmine West2015-07-07 02:06:25
Germans are shysters, always were, always will be. Greece lives in the hearts of everyone around the entire world. Beautiful literature, beautiful people, beautiful seas, the creators of democracy, the lovers and defenders of God. I feel sorry for Germany! What will that dark country ever be remembered for? Beer and genocide!

© Copyright CHAMELEON PROJECT Tmi 2005-2008  -  Sitemap  -  Add to favourites  -  Link to Ovi
Privacy Policy  -  Contact  -  RSS Feeds  -  Search  -  Submissions  -  Subscribe  -  About Ovi