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Banks Are Responsible for the Economic and Social Crisis in Greece
Banks are Responsible for the Economic and Social Crisis in Greece By Eric Toussaint Region: Europe Global Research, January 09, 2017 Theme: Global Economy, Poverty & Social Coalition for the Abolition of Illegitimacy Inequality Debt 9 January 2017 The present study shows that the Greek crisis that broke out in 2010 originated in private banks, not in excessive public spending. The so-called bail-out was designed to serve the interests of private bankers and those of dominant countries in the Eurozone. Greece adopting the euro played a major role among the various factors that contributed to the crisis. The analysis developed here was first presented in Athens on 6 November 2016 during a meeting of the Truth Committee on Greek Public Debt. At first sight, between 1996 and 2008, the development of Greece’s economy looked like a success story! The integration of Greece within the EU and from 2001 on within the Eurozone seemed successful. The rate of Greece’s economic growth was higher than that of the stronger economies in Europe. This apparent success actually concealed a vicious flaw, just as had been the case in several other countries – not only Spain, Portugal, Ireland, Cyprus, the Baltic Republics and Slovenia, but also Belgium, the Netherlands, the United Kingdom, Austria…, countries that had been badly hit by the 2008 financial crisis.1 | Not forgetting Italy, which was caught up by the banking crisis a few years after the others. In the early 2000s, the creation of the Eurozone generated significant volatile and often speculative financial flows 2| | that went from economies of the Centre (Germany, France, the Benelux, Austria…) towards countries of the Periphery (Greece, Ireland, Portugal, Spain, Slovenia, etc.). -
Birkbeck Institutional Research Online
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Birkbeck Institutional Research Online Birkbeck ePrints BIROn - Birkbeck Institutional Research Online Enabling open access to Birkbeck’s published research output The panhellenic Socialist movement and European integration: the primacy of the leader Book chapter (Author’s draft) http://eprints.bbk.ac.uk/5079 Citation: Dimitrakopoulos, D.; Passas, A.G. (2010) The panhellenic Socialist movement and European integration: the primacy of the leader In Dimitrakopoulos, D. (Ed.) - Social Democracy and European Integration: The Politics of Preference Formation (ISBN: 9780415559850) © 2010 Routledge Publisher Page ______________________________________________________________ All articles available through Birkbeck ePrints are protected by intellectual property law, including copyright law. Any use made of the contents should comply with the relevant law. ______________________________________________________________ Deposit Guide Contact: [email protected] Published in Social Democracy and European Integration: The Politics of Preference Formation, edited by D. G. Dimitrakopoulos, 117-156. London/New York: Routledge, 2010. 4 The Panhellenic Socialist Movement and European Integration: The Primacy of the Leader Dionyssis G. Dimitrakopoulos and Argyris G. Passas Introduction1 This chapter focuses on the Panhellenic Socialist Movement (PASOK) and seeks to trace the origin and the content of its preferences on European integration since its establishment in 1974. It challenges the established view that – couched as it is in PASOK’s rhetoric in the immediate post-1974 era – construes PASOK as an initially instinctively anti-European political party that subsequently performed a policy U- turn, a true political transformation by turning from a vocal anti-EEC stance to a pro- European (even federalist) attitude (Tsardanidis 1998, 295, 299, 300; Kazakos 1994, 5; Verney 1987, 259-60, 263; Featherstone 1988, 178; Couloumbis 1993, 126; Featherstone 1994, 158-9). -
“BRIDGING the MEDITERRANEAN: the Athens Business Forum” Athens, July 8Th-10Th 2009 DIVANI APOLLON PALACE & SPA, Kavouri
“BRIDGING THE MEDITERRANEAN: The Athens Business Forum” Athens, July 8th-10th 2009 DIVANI APOLLON PALACE & SPA, Kavouri Wednesday, July 8th 15.00 – 20.30 Scheduled Individual Business Meetings 21.00 Welcome Reception Mythos Restaurant, Divani Apollon Palace & Spa Thursday, July 9th 1st Session 09.00 Moderator: Mr Ulysses KYRIACOPOULOS, Former President of SEV & Special Representative of BUSINESSEUROPE for Euro-Mediterranean Affairs Welcome Dr Athanase LAVIDAS, Vice-Chairman & Head of International Affairs of SEV Opening Mr Dimitris DASKALOPOULOS, Chairman of SEV Key-note speeches Progress made so far in the Union for the Mediterranean Mrs Dora BAKOYANNIS, Minister of Foreign Affairs, Greece Mr Rachid Mohamed RACHID, Minister of Industry & Trade, Egypt Mr Serge TELLE, Ambassador for the Union for the Mediterranean, France Addresses Mr Galal El ZORBA, President of BUSINESSMED Mr Murat YALCINTAS, President of ASCAME Mr Georgios KASSIMATIS, Deputy President of EUROCHAMBRES New Investment Opportunities and Locations in Mediterranean Countries Mrs Laila SBITI, President of ANIMA Investment Network Mr Panagiotis ROUMELIOTIS, President of IPEMED Mr Mohamed HORANI, President of CGEM, Morocco 10.40 Coffee break / Press conference 2nd Session 11.00 Positioning of South-Mediterranean countries: current & post-crisis prospects Moderator: Mr Dimitrios KATSOUDAS, Secretary General for European Affairs, Ministry of Foreign Affairs, Greece “Prospects to enhance cooperation in South-Mediterranean markets” Mr Miltiadis VARVITSIOTIS, Deputy Minister of Foreign -
As a Pdf File
1 Interview with Eric Toussaint, spokesperson and co-founder of the international network of the Committee for the Abolition of Illegitimate Debt INTRO (CADTM). Interview by Benjamin Lemoine. This interview presents the genealogy From Africa to Latin America, citizens’ of the anti-debt struggle, the campaigns participation in audits ushers in hope. for debt cancellation, the empirical However, most of the time their purpo- foundation, the political battles and the se is lost due to the neglect of the cru- concepts of the “illegitimate”, “illegal” or saders-turned-rulers, where the rulers “odious” nature of public debt. In other have the final say vis-à-vis the financial words, how it is necessary for the Com- system. Yet, sometimes the audits are mittee for the Abolition of Illegitimate immensely successful. We review the Debt (CADTM) – formerly known as the experience of the audit of the Greek so- Committee for the Abolition of Third vereign debt, full of intrigues and unex- World Debt – to ally with opposition pected twists in which it took very little forces and social movements, where to tip the balance. When the hopeful the concepts and the people involved dream for a new international coope- can challenge and overpower debt and ration (a conference in London on the its «system” once the government hears Greek debt as requested by Alexis Tsi- their voice. Yet, for CADTM the outright pras) seems naive and where, according priority is to fortify the activities descri- to Eric Toussaint, unilateral sovereign bed below rather than lobbying. decisions are indispensable in order to reverse the balance of power. -
Documentary Film As Evidence in the Digital Era
DOCUMENTARY FILM AS EVIDENCE IN THE DIGITAL ERA ALEXANDROS VALSAMIS A submission presented in partial fulfilment of the requirements of the University of Glamorgan/Prifysgol Morgannwg for the degree of Doctor of Philosophy Supported by the State Scholarships Foundation of Greece (I.K.Y.) November 2013 DEDICATION This thesis is dedicated to the memory of my beloved father, who did not make it until the end of this journey. 1 ACKNOWLEDGEMENTS There are many people who have invested in my work over the past five years and I am enormously grateful. There is no way I can thank all of those who made this journey worthwhile, fun and intellectually stimulating. In short, I am greatly indebted to my friends and family. Their love, encouragement, and kind support, have raised the bar for what I expect of myself. I am truly grateful to all of them for investing in me and my ideas. I also feel the need to thank my director of studies, Professor Stephen Lacey, for being so loving and encouraging to me and for teaching me how to be a good scholar. I hope someday I will be able to be the kind of mentor he has been to me. I thank him from the bottom of my heart. Finally, I would like to thank my dear friend Lena Hadjiioannou for offering me her excellent editing skills and for the endless hours of conversations in a field which is not her own. Her brilliant skills in English language, her patient love, and unconditional support, have not only made the completion of this PhD study possible but have also made me a better person. -
Laid Low the Imf, the Euro Zone and the First Rescue of Greece Paul Blustein
CIGI PAPERS NO. 61 — APRIL 2015 LAID LOW THE IMF, THE EURO ZONE AND THE FIRST RESCUE OF GREECE PAUL BLUSTEIN LAID LOW: THE IMF, THE EURO ZONE AND THE FIRST RESCUE OF GREECE Paul Blustein Copyright © 2015 by the Centre for International Governance Innovation The opinions expressed in this publication are those of the author and do not necessarily reflect the views of the Centre for International Governance Innovation or its Board of Directors. This work is licensed under a Creative Commons Attribution — Non-commercial — No Derivatives License. To view this license, visit (www.creativecommons.org/ licenses/by-nc-nd/3.0/). For re-use or distribution, please include this copyright notice. 67 Erb Street West Waterloo, Ontario N2L 6C2 Canada tel +1 519 885 2444 fax +1 519 885 5450 www.cigionline.org TABLE OF CONTENTS VI About the Author VI Executive Summary 1 Introduction 3 The First SOS 4 Gaining Entrée on Junior Partner Terms 7 “A Strange Dog’s Breakfast” 8 Austerity, Ameliorated? 9 Haircuts on Their Mind 12 Beggaring Belief 12 The Cop-out 13 Junior Partnership, Reconfirmed 14 “A Bailout of Greece’s Private Debt Holders” 16 A Weak Poker Hand 17 Conclusions and Policy Implications 20 Works Cited 24 About CIGI 24 CIGI Masthead CIGI PAPERS NO. 61 — APRIL 2015 EXECUTIVE SUMMARY ABOUT THE AUTHOR As Greece descended into a financial maelstrom in the spring of 2010, a small group of staffers at the International Monetary Fund (IMF) held top-secret talks with officials from the German and French finance ministries to discuss the idea of restructuring Greece’s debt. -
Download PDF (219.6
72 | IMF ANNUAL REPORT 2010 Executive Directors AND Alternates aS oF aprIl 30, 20101 appoInteD ELECteD (ContInueD) Meg Lundsager United States HE Jianxiong China Douglas A. Rediker (China) Daisuke Kotegawa Japan LUO Yang Hiromi Yamaoka (China) Klaus D. Stein Germany Stephan von Stenglin Thomas Hockin Antigua and Barbuda (Canada) Bahamas, The Ambroise Fayolle France Stephen O’Sullivan Barbados Aymeric Ducrocq (Ireland) Belize Alexander Gibbs United Kingdom Canada James Talbot Dominica Grenada Ireland Jamaica eleCteD St. Kitts and Nevis St. Lucia Willy Kiekens Austria St. Vincent and the Grenadines (Belgium) Belarus Johann Prader Belgium (Austria) Czech Republic Duangmanee Vongpradhip Brunei Darussalam Hungary (Thailand) Cambodia Kazakhstan Adrian Chua Fiji Luxembourg (Singapore) Indonesia Slovak Republic Lao People’s Democratic Republic Slovenia Malaysia Turkey Myanmar Nepal Age F. P. Bakker Armenia Philippines (Netherlands) Bosnia and Herzegovina Singapore Yuriy G. Yakusha Bulgaria Thailand (Ukraine) Croatia Tonga Cyprus Vietnam Georgia Israel Hi-Su Lee Australia Macedonia, former Yugoslav Republic of (Korea) Kiribati Moldova Christopher Y. Legg Korea Montenegro (Australia) Marshall Islands Netherlands Micronesia, Federated States of Romania Mongolia Ukraine New Zealand Palau Ramón Guzmán Zapater Costa Rica Papua New Guinea (Spain) El Salvador Samoa Carlos Pérez-Verdía Guatemala Seychelles (Mexico) Honduras Solomon Islands Mexico Vanuatu Nicaragua Spain Per Callesen Denmark Venezuela, República Bolivariana de (Sweden) Estonia Jarle Bergo -
6 Anarchists Arrested in Athens
64 CONTENTS 4 - Saturday 10/4/10 - 6 Anarchists arrested in Athens. 5 - The Philadelphia Experiment. 6 - Defence excerpts from the 6 arrested in the case of the Revolutionary Struggle. 6 - Revolutionary Struggle : A Chronology 7 - A Political Letter to Society. 11 - Lambros is one of us. 12 - A Letter from Christoforos Kortesis. 13 - Letter from Vaggelis Stathopoulos. 14 - Letter from Kostas Gournas. 14 - Some acts of immediate solidarity. 14 - Letter from Sarantos Nikitopoulos 16 - The Only Answer to Modern Totalitarianism is Social Revolution. 18 - More actions of solidarity. 19 - Letter from Pola Roupa. 21 - Maziotis and Gournas declare hungerstrike. 22 - Letter from Kostas Gournas. 23 - Towards the Appeal Court of 1st of November. 23 - Letter from Maria Beraha. 23 - Letter from Nikos Malapanis. 24 - Refusals of the Appeals Court and the Regime. 24 - Lambros, Our Comrade. 25 - Let's Make the Beginning in Greece of a Worldwide Social Revolution. 28 - ...More actions of solidarity. 29 - Responsibility claim for the Tax Office arson in Exarchia. 29 - Announcement of the three members of Revolutionary Struggle. 29 - Denouncement of police intimidation by G.Ch. 30 - The State is the Terrorist. 30 - Distribution of flyers in Abelokipos/Gizi, Athens. 31 - Letter from Sarantos Nikitopoulos. 32 - International Call for Solidarity from Members of Revolutionary Struggle. 34 - Prisoners’ letter in solidarity with those persecuted in the case of the Revolutionary Struggle. 34 - The Revolutionary Struggle trial starts. 36 - Declaration of Revolutionary Struggle upon their release. 37 - October 24 & 1 November 2011 - The beginning of the trial of the regime. 42 - Communique for the Citibank Bombing. -
Executive Directors and Alternates As of April 30, 20111
62 | IMF ANNUAL REPORT 2011 EXECUTIVE DIRECTORS AND ALTERNATES as of April 30, 20111 APPOINTED ELECTED (CONTINUED) Meg Lundsager United States Benny Andersen Denmark, Estonia, Finland, Iceland, Latvia, Douglas A. Rediker (Denmark) Lithuania, Norway, Sweden Mitsuhiro Furusawa Japan Audun Grønn Tomoyuki Shimoda (Norway) Klaus D. Stein Germany Stephan von Stenglin Moeketsi Majoro Angola, Botswana, Burundi, Eritrea, Ethiopia, Ambroise Fayolle France (Lesotho) The Gambia, Kenya, Lesotho, Liberia, Aymeric Ducrocq Momodou Saho Malawi, Mozambique, Namibia, Nigeria, Alexander Gibbs United Kingdom (The Gambia) Sierra Leone, South Africa, Sudan, Swaziland, Robert Elder Tanzania, Uganda, Zambia, Zimbabwe A. Shakour Shaalan Bahrain, Egypt, Iraq, Jordan, Kuwait, ELECTED (Egypt) Lebanon, Libyan Arab Jamahiriya, Maldives, Sami Geadah Oman, Qatar, Syrian Arab Republic, Willy Kiekens Austria, Belarus, Belgium, Czech Republic, (Lebanon) United Arab Emirates, Republic of Yemen (Belgium) Hungary, Kosovo, Luxembourg, Slovak Johann Prader Republic, Slovenia, Turkey Arvind Virmani Bangladesh, Bhutan, India, Sri Lanka (Austria) (India) P. Nandalal Weerasinghe Carlos Pérez-Verdía Costa Rica, El Salvador, Guatemala, (Sri Lanka) (Mexico) Honduras, Mexico, Nicaragua, Spain, José Rojas República Bolivariana de Venezuela Ahmed Alkholifey Saudi Arabia (Venezuela, República (Saudi Arabia) Bolivariana de) Ahmed Al Nassar (Saudi Arabia) Age F.P. Bakker Armenia, Bosnia and Herzegovina, Bulgaria, (Netherlands) Croatia, Cyprus, Georgia, Israel, former Paulo Nogueira Batista, -
International Organizations
INTERNATIONAL ORGANIZATIONS EUROPEAN SPACE AGENCY (E.S.A.) Headquarters: 8–10 Rue Mario Nikis, 75738 Paris Cedex 15, France phone 011–33–1–5369–7654, fax 011–33–1–5369–7560 Chairman of the Council.—David Williams. Director General.—Jean-Jacques Dordain. Member Countries: Austria Ireland Spain Belgium Italy Sweden Denmark Luxembourg Switzerland Finland Netherlands United Kingdom France Norway Czech Republic Germany Portugal Greece Romania Cooperative Agreement.—Canada. European Space Operations Center (E.S.O.C.), Robert-Bosch-Str. 5, D–64293 Darmstadt, Germany, phone 011–49–6151–900, fax 011–49–6151–90495. European Space Research and Technology Center (E.S.T.E.C.), Keplerlaan 1, NL–2201, AZ Noordwijk, ZH, The Netherlands, phone 011–31–71–565–6565, Telex: 844–39098, fax 011–31–71–565–6040. European Space Research Institute (E.S.R.I.N.), Via Galileo Galilei, Casella Postale 64, 00044 Frascati, Italy, phone 011–39–6–94–18–01, fax 011–39–6–9418–0280. Washington Office (E.S.A.), 955 L’Enfant Plaza, SW., Suite 7800, 20024. Head of Office.—Dieckmann Andreas (202) 488–4158, fax 488–4930, [email protected]. INTER-AMERICAN DEFENSE BOARD 2600 16th Street, NW., 20441, phone (202) 939–6041, fax 387–2880 Chairman.—Lt. Gen. Guy Thibault, Canadian Forces. Vice Chairman.—GD Omar Vaquerano, Army, El Salvador. Chairman’s Executive Officer.—Lt. Col. Denis Giguere, Canada. Director General.—LTG Juarez Aparecido de Paula Cunha, Army, Brazil. Deputy Secretary for— Administration.—COL Matthew Anderson, USA. Conference.—LTC Carlos Gamarra, Peru. CHIEFS OF DELEGATION Antigua and Barbuda.—COL Trevor Thomas, Defense Forces. -
Lean, Clean and Green” Institution
Revised as of September 2016 ASIAN INFRASTRUCTURE INVESTMENT BANK ANNUAL MEETING OF THE BOARD OF GOVERNORS SUMMARY PROCEEDINGS BEIJING, CHINA JUNE 25-26, 2016 ASIAN INFRASTRUCTURE INVESTMENT BANK Headquarters B9 Financial Street, Xicheng District Beijing, 100032 China Phone: 0086 10 8358 0000 Website: www.aiib.org INTRODUCTORY NOTE The 1st Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (Bank) took place on June 25-26, 2016 in Beijing, China. His Excellency Lou Jiwei, Governor for China, served as the Chairman. The Summary Proceedings record, in alphabetical order by member countries, the texts of statements by Governors and the resolutions adopted by the Board of Governors of the Asian Infrastructure Investment Bank. Danny Alexander Corporate Secretary Asian Infrastructure Investment Bank Beijing, China July, 2016 v CONTENTS Page AGENDA .................................................................................................................................. 1 OPENING SESSION ............................................................................................................... 2 Address by Zhang Gaoli Vice-Premier of the People’s Republic of China ................................................................... 2 Address by Jin Liqun President of the Asian Infrastructure Investment Bank ......................................................... 3 Address by Ilho Yoo Deputy Prime Minister and Minister of Finance of the Republic of Korea ........................... 5 Address by Paweł -
The Varoufakis-Tsipras Line Was Doomed to Fail from the Worls "Go" Toussaint, Éric
www.ssoar.info The Varoufakis-Tsipras line was doomed to fail from the worls "go" Toussaint, Éric Veröffentlichungsversion / Published Version Zeitschriftenartikel / journal article Empfohlene Zitierung / Suggested Citation: Toussaint, É. (2019). The Varoufakis-Tsipras line was doomed to fail from the worls "go". Society Register, 3(2), 67-95. https://doi.org/10.14746/sr.2019.3.2.05 Nutzungsbedingungen: Terms of use: Dieser Text wird unter einer CC BY-NC Lizenz (Namensnennung- This document is made available under a CC BY-NC Licence Nicht-kommerziell) zur Verfügung gestellt. Nähere Auskünfte zu (Attribution-NonCommercial). For more Information see: den CC-Lizenzen finden Sie hier: https://creativecommons.org/licenses/by-nc/4.0 https://creativecommons.org/licenses/by-nc/4.0/deed.de Diese Version ist zitierbar unter / This version is citable under: https://nbn-resolving.org/urn:nbn:de:0168-ssoar-69246-6 SOCIETY REGISTER 2019 / 3(2): 67-95 ISSN 2544–5502 DOI: 10.14746/sr.2019.3.2.05 THE VAROUFAKIS-TSIPRAS LINE WAS DOOMED TO FAIL FROM THE WORD ‘GO’ ÉRIC TOUSSAINT1 1 Committee for the Abolition of Illegitimate Debt (CADTM), 35 rue Fabry, 4000 Liège, Belgium. ORCID: 0000-0002-0897-6687, Email: [email protected] ABSTRACT: This article on Varoufakis’s book, Adults in The Room: My Battle with Eu- rope’s Deep Establishment (2017) and about what happened in Greece in 2015 is a guide for left-leaning readers who are not happy with the dominant narrative meted out by the mainstream media and the Troika-controlled governments. These readers are also dissatisfied with the former Greek Finance Minister’s version.