Posts Tagged ‘Greece’

This Is What Happens When You Allow Your Country To Become Enslaved To The Bankers

Tuesday, 21 August 2012

‘Why are Greece, Spain, Italy, Portugal and so many other countries experiencing depression-like conditions right now? It is because they have too much debt. Why do they have too much debt? It is because they allowed themselves to become enslaved to the bankers. Borrowing money from the bankers can allow a nation to have a higher standard of living in the short-term, but it always results in a lower standard of living in the long-term. Why is that?

It is because you always have to pay back more money than you borrowed. And when you get to the point of having a debt to GDP ratio in excess of 100%, you are basically drowning in debt. Huge amounts of money that could be going to providing essential services and stimulating your economy are now going to service your horrific debt. Today, citizens in Greece, Spain, Portugal and Italy are experiencing a standard of living far below what they should be because the bankers have trapped them in endless debt spirals.

Sadly, the vast majority of the people living in those countries have absolutely no idea what is at the root cause of their problems. The truth is that no sovereign nation on earth ever has to borrow a single penny from anyone.’

Read more: This Is What Happens When You Allow Your Country To Become Enslaved To The Bankers

The Countdown To The Break Up Of The Euro Has Officially Begun

May 10, 2012 1 comment

Thursday, 10 May 2012

‘The tremendous backlash against the austerity approach that Germany has been pushing. All over Europe, prominent politicians and incumbent political parties are being voted out. In fact, Nicolas Sarkozy has become the 11th leader of a European nation to be defeated in an election since 2008. We have seen governments fall in the Netherlands, the UK, Spain, Ireland, Italy, Portugal and Greece. Whenever they get a chance, the citizens of Europe are using the ballot box to send a message that they do not like what is going on.

It turns out that austerity is extremely unpopular. But if newly elected politicians all over Europe begin rejecting austerity, this puts Germany in a very difficult position. Should Germany be expected to indefinitely bail out all of the members of the eurozone that choose to live way beyond their means? If Germany pulled out of the euro tomorrow, the euro would absolutely collapse, bond yields for the rest of the eurozone would skyrocket to unprecedented heights, and without German bailout money troubled nations such as Greece would be headed directly for default.’

Read more: The Countdown To The Break Up Of The Euro Has Officially Begun

Greek communists receive 25,2% of votes

ATHENS, Greece – The two Greek communist parties, the Marxist-Leninist KKE and the Eurocommunist SYRIZA, have jointly won circa 22-28 percent of the votes according to exit polls. Neo-Nazi party Golden Dawn has won between 6-8 percent of votes.

The Eurocommunist SYRIZA has won between 15 and 18,5 percent of the votes, while the KKE somewhat disappointingly reached almost 7,5 to 10 percent of the votes.

The two ruling parties, who now have two thirds of parliament, have fallen to merely almost 40 percent of the votes jointly. The centre-right New Democracy has won between 17 and 20 percent of the votes (now 33,5 percent). While the now largest social capitalist PASOK has between 14 and 17 percent of the votes (now almost 44 percent).


The four communist parties KKE, ANTARSYA, SYRIZA, ΚΚΕ(μ-λ) jointly received 25,2%. Only the KKE and SYRIZA received enough votes to enter parliament. Other communist parties (such as the Trotskyist EEK, and anti-Russian Maoist conspiracy theorist party OAKKE) received less than 0,1 percent of the votes.

Final results:

New Democracy: 20,4%
SYRIZA: 15,6%
PASOK: 14,2%
Independent Greeks: 10,3%
KKE: 8,3%
Golden Dawn: 6,8%
DIMAR: 5,9%
Ecologists: 2,7%
LAOS: 2,8%
Dimokratiki Simmachia: 2,6%
Creation! Again: 1,9%
Action: 1,5%

The coalition of Trotskyists, Maoists, and Marxist-Leninists, ANTARSYA (Marxist-Leninist party): 1,1%

The Maoist ‘Communist Party of Greece (Marxist–Leninist)’: 0,2%


Greece to Decriminalise All Drugs

September 9, 2011 Leave a comment

Thursday, 08 September 2011 09:28

‘The Greek government made the first big step regarding decriminalization of drug use. Justice Minister Miltiadis Papaioannou presented to the Greek Parliament the basic ideas of a new law concerning drugs. He announced that, for the first time, drug use will be fully decriminalized in Greece, on the condition that the drugs used harm only the behavior and the condition of the user.’

Read more: Greece to Decriminalise All Drugs

Activists Take Spanish Embassy in Athens

Wednesday, 06 July 2011 05:25

‘A group of pro-Palestinian activists who were refused permission by Greek authorities to sail an international flotilla towards Gaza have occupied the Spanish embassy in Athens.

Thirty activists, most of them Spanish, have met the ambassador, asking Madrid to put pressure on Greece to allow them to continue their mission, AFP reported. They had then “decided to occupy the rooms,” one of the activists said.’

Read more: Activists Take Spanish Embassy in Athens

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