Tag Archives: Brussels

Lucas – A Greek Paradox And A French Sleeper – 7 May 2012

Strange to read about the Greek opposition to Europe and the austerity  winning, but not really winning. Due to the Greek electorial system the winning party in the elections, gets 50 seats in the Parliament extra.

This makes that though the “winners” still lose in a paradox. The Greeks win nothing and lose only in time. The not “winning” but still largest party is just one seat short of forming a government. But the other parties the real “winners” will not help to get a majority for sure.

So this will soon become a stalemate. And after a couple of attempts to form a government new elections have to decide again what will happen.

NO win NO gain. Continue reading

John Ward – Think Not What You Can Do For The European Union…… But Rather Think About What It’s Doing To You – 12 March 2012

Tonight, the Eurozone finance ministers are due to approve the bailout package for Greece. The MSM widely expects them to do so. As the earlier Slogpost today argued clearly, if they do, it will be because they can only keep their third-rate currency zone and anti-democratic Union going by dealing with crooked people as addicted to the gravy train as they are. Those supposedly representing their citizens in the Athens Government have, in turn, acquiesced in every increasingly bonkers Troika demand for austerity and repayment, because not to do so would take away their seedy access to the People’s money. My God, I’m sounding like a 1970s agitprot Trot. That’s how unpleasant this crew are. Continue reading

John Ward – Greek Bailout : Uncertainty Persists As New Sovereign Liabilites Surface – 11 March 2012

“We’re about this far up the beanstalk”

There are signs that Germany, the IMF and Washington retain their doubts about Greek ‘salvation’

Seemingly confident that the worst is behind him, Evangelo Venizelos strode into a PASOK Party conference this morning. A pensioner on crutches hurled a full yoghurt pot at the obese Finance Minister just before he got to the podium. Perhaps this was the old man’s way of trying to add a little culture to the occasion: either way, it was a timely reminder of the deep unpopularity of the austerity measures this shifty and widely hated man has driven through – by fair means and foul.  Continue reading