"Greece might act against US banks" by Associated Press | May 17, 2010
ATHENS — Prime Minister George Papandreou of Greece declared he is not ruling out taking legal action against US investment banks for their role in creating the spiraling Greek debt crisis.
Related: Goldman Sachs Screwed Greece
Still are....
Greece Clears Goldman Sachs
Greek government just giving you the old stroke job, 'eh, Greeks?
The Greek government and its citizens have blamed international banks for fanning the flames of the debt crisis with comments about Greece’s likely default, actions that are causing the country’s borrowing costs to soar....
The government and citizens are absolutely right -- as the $ame bank$ demand even higher interest payment$!
The European Union and the International Monetary fund have approved a $136 billion bailout package for Greece.
That is so BANKERS can GET PAID (and so the Greek citizen can pay higher taxes and higher interest payments in the future that will benefit.... the same banks that are screwing them)!!!!
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How much they "giving" you, anyway?
"Greece gets bailout loans from EU nations; $18.4b arrives in time to pay debt that’s due today" by Elena Becatoros, Associated Press | May 19, 2010
ATHENS — Greece desperately needed the money by today, when it faced repaying a debt of around $11.4 billion in bonds that it could not finance otherwise. It already received the first $7 billion from the IMF last week....
Another general strike set for tomorrow is to shut down all public services and disrupt public transport.
The AmeriKan MSM generally ignores such things; they wouldn't want Amurkns getting any ideas. Best fill their heads full of s***.
Schools will shut down, state hospitals will function on emergency staff, while all ferries will remain tied up at port. Journalists will also walk off the job, pulling news broadcasts off the air.
Oh, if the AmeriKan grunt reporters ever.... naaaaaahhh!!!!
But air traffic controllers are not expected to join the strike, leaving the country’s airports open.
Two major demonstrations are planned in Athens against the austerity measures.
Yeah, so BANKSTERS can HAVE IT ALL!!
In an embarrassment for the government, the country’s deputy tourism minister resigned late Monday after tax officials said her husband, a popular singer and former film star, owes millions of euros in unpaid taxes.
Yeah, the TAXES are ONLY for the LITTLE PEOPLE, as someone once said.
Angela Gerekou, 51, a former actress who once posed topless for a Greek men’s magazine, stepped down hours after the scandal broke in a newspaper.
Can we see 'em one more time before you go?
Her departure comes at the start of the vacation season, with hoteliers worried by recent mass cancellations of bookings after demonstrations in Athens against the austerity measures turned violent....
Agent provocateurs of government!!!
--more--"Time to make a deal with the devil:
"Deep in debt, Greece to sell public assets; Investors to be offered stakes in post office, airports, utilities" by David Jolly, International Herald Tribune | June 3, 2010
PARIS — Greece announced a big sale of state-owned assets yesterday as the cash-strapped government moved to close a yawning budget deficit and fulfill the terms of an international rescue package.
And GUESS WHO WINS there?
The government will sell 49 percent of the state railroad, list ports and airports on the stock market, and privatize the country’s casinos, the Finance Ministry said after a cabinet meeting in Athens.
How about closing them instead?
The government will also sell stakes in water utilities serving Athens and Thessaloniki, sell 39 percent of the post office, and combine its vast real estate assets into a holding company to be listed on the stock market.
Greece has been under pressure to get its finances in order since the Socialist government said last autumn that its center-right predecessor had greatly understated the size of the deficit....
Yeah, Greek voters did not get the change they expected, either.
Both governments serve bankers and "investors" first.
The market’s focus on Greece’s problems cost the country its investment-grade credit rating and led this year to a slump in the euro and a sell-off in the debt of Greece and other so-called peripheral euro-zone countries, including Portugal and Spain.
Finance Minister George Papaconstantinou said after the cabinet meeting that the objective was “to have a state which guarantees public services but at the same time taps the dynamism of Greece’s economy,’’ Reuters reported.
Must service bankers first.
The Greek Parliament in May approved austerity measures intended to save about $37 billion through 2012. The austerity plans, which have been met with strikes and sometimes violent public protest, include cuts to civil servants’ pay, reduced services, higher taxes, and tougher retirement rules....
All so BANKERS can LIVE IT UP!!!!
The government will also scrap or slow purchases of military equipment, Panos Beglitis, the Defense Ministry official in charge of military procurement, told the Associated Press.
ALL RIGHT!!!!!!!
Beglitis said some of the deals under review included the purchase of warships, fighting vehicles, and fighter jets.
Aww, the poow defense contwactows!!!!
NATO figures show that Greece spent 2.8 percent of gross domestic product on its armed forces in 2008. That makes it the most expensive military budget in Europe in per capita terms, and second only to the United States in the alliance.
NO WONDER Greece is in SUCH TROUBLE!!
Sorry, guys, your empire died thousands of years ago.
Mine is in its death throes now.
Athens has justified such spending as necessary to keep up with its regional rival, Turkey, also a NATO member.
Oh, is THAT ever RICH, jewspaper!!!!!
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Related: Turkey Turns to Greece For Help Against Israel
Hey, what is one more lie in a paper full of 'em?
Also see: Greek police seize ancient marble statues
Good to know they are on the job; now how about seizing some bankers?