MISSEDLINK

IMF internal Meeting threatened to leave Troika - WikiLeaks: LINK ¤ WIKILEAKS

_________________________________________

 

• "the records of a teleconference between the two IMF officials - in charge of managing the Greek debt !"

 

 

 

 

_________________________________________

• "Poul Thomsen - the head of the IMF's European department - and Delia Velkouleskou - the IMF mission chief for Greece !"

 

 

 

 

 

_________________________________________

• "the IMF was planning - to leave the Troika !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "if it would fail - to reach an agreement - on Greek debt relief !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "Thomsen said: "look you - Mrs. Merkel - you face a question !""

 

 

 

 

_________________________________________

• "you have to think about what is more costly - to go ahead without us !"

 

 

 

 

_________________________________________

• "or to pick the debt relief - that we think that Greece needs !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

______________________________________________________________________________

IMF Report said Greece needed extra Debt Relief - the Guardian: LINK ¤ the GUARDIAN

_________________________________________

 

• "the International Monetary Fund - IMF - had warned in a report !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "that Greece would require - a generous debt relief !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "the situation in debt sustainability - pointed to the need ! - ( 180 GDP )"

 

 

 

 

_________________________________________

• "for debt relief - on a scale - that would need to go well beyond !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "what had been under consideration to date - and what had been proposed by the ESM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

______________________________________________________________________________

IMF - Greece needed a large-scale Debt Relief - the Guardian: LINK ¤ the GUARDIAN

_________________________________________

 

• "the IMF had conceded - that Greece needed !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "a large-scale - debt relief !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "to create sustainable space - and stabilise the economy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "the uppermost limit - was that !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "Greece needed a reduction in debt - of at least 30% !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

______________________________________________________________________________

the Need for Debt Relief in Greece - the Guardian: LINK ¤ the GUARDIAN

_________________________________________

 

• "a letter of solidarity to the Greek people - signed by 400 Italian academics !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "demanded debt relief - in Greece !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "and the policies of austerity - must end !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "the IMF’s DSA for Greece offered a stark reminder - of the challenges faced by all those involved !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

• "it spoke to the need - to deliver a credible "debt operation"  !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "which involved - debt forgiveness !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

______________________________________________________________________________

Europe must support Greece - Ernest Maragall: LINK ¤ EURACTIV

_________________________________________

 

• "this was an ideal moment to pause - and objectively analyse - and to review !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "the steps that had led Greece - to the current situation !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "then will we be able to find a way forward - that is actually likely to succeed !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "it is in all of our interests - as European citizens !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "to find a way - forward !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "we must begin by dealing with past problems - so that they do not become burdens !
  

 

 

 

 

_________________________________________

• "I was of course referring - to the Greek foreign debt !"

 

 

 

 

 

_________________________________________

• "accumulated during the first seven years - of the Euro !"

 

 

 

 

 

_________________________________________

• "which had increased the second seven years - as a result of the conditions ! - ( austerity )"

 

 

 

 

_________________________________________

• "we must keep in mind - two truths !"

 

 

 

 

 

_________________________________________

• "first - the debt was hardly - to repay !"

 

 

 

 

_________________________________________

• "and secondly - the accumulated debt was not solely - the responsibility of the Greeks !"

 

 

 

 

 

 

_________________________________________

• "by joining the Euro - Greece handed over control of the two main levers !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "of monetary policy - to the ECB !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "namely interest rates - and exchange rate policy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "without them a country with higher inflation than others - ended up with external deficits !"

 

 

 

 

_________________________________________

• "that could only be dealt with - through external financing !"

 

 

 

 

 

_________________________________________

• "if this pattern was repeated - a debt builded up !"

 

 

 

 

 

_________________________________________

• "when attempting to offset this debt through austerity measures - such as cutted wages and social protection !"

 

 

 

 

_________________________________________

• "the result would had actually been - an increase of the initial debt !"

 

 

 

 

 

_________________________________________

• "therefore for debtor countries in the Eurozone - to solve their debt problems !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "they need action - at the EU level !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "Greece is an opportunity for Europe - to solve the peripheral debt problem !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "let us then link debt repayment - with growth !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "and create a public investment programme - worthy of the name !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "that will sustainably - grow the economy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "let us fund Europe adequately - to provide this investment !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "through a fair taxation - of capital across Europe !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "this is Europe's duty - and obligation !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

Greek Bail-Out - ATTAC Investigation: LINK ¤ ATTAC

_________________________________________

 

• "the EU and the IMF had applied 23 tranches - comprising € 206,9 billion - to the so-called "Greek bail-out"  !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "at least 77% - of the bail-out money !"

 

 

 

 

 

_________________________________________

• "could directly or indirectly be attributed - to the financial sector !"

 

 

 

 

 

_________________________________________

• "€ 58,2 billion - 28,13% - had been used to recapitalise Greek banks !"

 

 

 

 

• "instead of restructuring the moribund sector in a sustainable way - and letting the bigger banks' owners - pay for their losses !"

 

 

 

 

 

_________________________________________

• "€ 101,331 billion - 48,98% - had gone to creditors of the Greek state !"

 

 

 

 

_________________________________________

• "€ 55,44 billion of these - had been used to repay - maturing government bonds !"

 

 

 

 

 

_________________________________________

• "instead of letting the creditors - bear a risk !"

 

 

 

 

 

_________________________________________

• "another € 34,6 billion had served as incentive - to make creditors agree to the so-called "haircut"  !"

 

 

 

 

_________________________________________

• "€ 11,3 billion had been used in a debt buyback - when the Greek state bought back bonds from its creditors !"

 

 

 

 

 

_________________________________________

• "€ 0,9 billion - 0,43% - had been used as Greek contribution - to the the bail-out fund ESM !"

 

 

 

• "a maximum of € 43,6 billion - 22,46% - went into the Greek national budget !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "however - this amount had to be seen alongside other state expenses - during the same period !"

 

 

 

 

 

_________________________________________

• "more than € 34,6 billion - had been yet again paid to creditors !"

 

 

 

 

_________________________________________

• "as interest payments - for outstanding government bonds !"

 

 

 

 

 

_________________________________________

• "moreover - the Greek state put another € 10,2 billion - into defence spending !"

 

 

 

 

_________________________________________

• "and the Latsis clan - had gotten bail-out money !"

 

 

 

 

 

• "who owned larger parts of the state-rescued - "Eurobank Ergasias"  !"

 

 

 

 

 

_________________________________________

• "speculators had gotten bail-out money - too !"

 

 

 

 

_________________________________________

• "the hedge fund "Third Point" - had pocketed € 500 million !"

 

 

 

 

 

 

_________________________________________

• "creditors and the richer - have to pay their fair share - of the costs !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

• "while the financial sector - must be severely regulated !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "and Greece is in need - of a real support package !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "that actually reach - the general population !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

IMF admitted Mistakes - the Guardian: LINK ¤ the GUARDIAN

_________________________________________

 

• "the IMF admitted - that it had made - serious mistakes !"

 

 

 

 

_________________________________________

• "in the handling of the sovereign debt - in Greece !"

 

 

 

 

 

_________________________________________

• "the report confirmed - what Greek officials had long said !"

 

 

 

 

_________________________________________

• "that the first bailout programme - of budget cuts - and tax increases !"

 

 

 

 

 

_________________________________________

• "had been the wrong prescription - for the country !"

 

 

 

 

 

_________________________________________

• "for too long the "troika" - officials had refused !"

 

 

 

_________________________________________

• "to accept that this programme - had been simply off-target !"

 

 

 

 

 

 

 

 

 

 

 

 

Papandreou - US cable - 2009: LINK ¤ 09ATHENS250

_________________________________________

 

• "PASOK Prime Minister George Papandreou - wished that the EU !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "would consider something similar - like the economic stimulus package !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "unfortunately - Germany at first had holded back the reaction - to the global financial crisis !"

 

 

 

_________________________________________

• "based on misguided commitment - to fiscal rules ! - ( inflation )"

 

 

 

 

_________________________________________

• "there must be a strong response of the EU - to the global financial crisis !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "and he called for the EU - to relax its "master criteria"  !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "Papandreou expressed support - for ending disparities !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "in interest rates - for loans - within the Eurozone !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "he was not a - protectionist !"

 

 

 

_________________________________________

• "but takes the - social democratic view !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "that markets must be governed - by rules !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "he would like to see - an organization like the IMF - that would do more to put !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "clear - strict international rules - on the financial markets !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

_________________________________________

• "geared toward - where we want to move - the planet !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

______________________________________________________________________________

PASOK - US cable - 2009: LINK ¤ 09ATHENS1529

_________________________________________

 

• "in a strong victory - in Greece's Parliamentary elections !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "George Papandreou's Pan Hellenic Socialist Union Party - PASOK !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "defeated Karamanlis' conservative "New Democracy" party - by a spread of more than ten percentage points !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "winning 44 percent of the vote - and 160 seats in the 300 seat parliament !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "PASOK swept into power - on a wave of voter dissatisfaction - with the poor performance !!!!!!!!!!!!"

 

 

 

_________________________________________

• "and corruption scandals - of the outgoing conservative government !!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "economic issues were dominant - with Papandreou promising a US$ 4.5 billion - economic stimulus package !!!!!!!!!!!!!!!!!!!!!!!!"
  

 

 

 

_________________________________________

• "protection for workers - a more progressive tax burden !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "and an emphasis on - green development !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

______________________________________________________________________________

New Democracy - US cable - 2007: LINK ¤ 07ATHENS1785

_________________________________________

 

• "the conservative New Democracy party - ND - had defined itself as a neo-liberal party !"

 

 

_________________________________________

• "with a commitment to free markets - and transatlantic relations !"

 

 

 

 

 

 

 

 

______________________________________________________________________________

Papandreou - US cable - 2009: LINK ¤ 09ATHENS1539

_________________________________________

 

• "the PASOK government concentrates - on reducing waste !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "jumpstarting - the economy !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "beginning the reform - of the tax system !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "and opening the debate - for a new electoral law !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "George Papandreou announced the termination - of all special committees attached to ministries !!!!!!!!!!!!"

 

 

 

_________________________________________

• "whose members collected checks - for doing very little - or often nothing !"

 

 

 

 

 

 

 

 

Greek Public Debt - US cable - 2009: LINK ¤ 09ATHENS1583

_________________________________________

 

• "the Greek public debt in 2008 - had been 99.2 percent of GDP !"

 

 

 

 

 

 

 

 

______________________________________________________________________________

Minister of Finance Papakonstantinou - US cable - 2009: LINK ¤ 09ATHENS1653

_________________________________________

 

• "the new PASOK Finance Minister underscored the challenges - confronting the new Greek government !!!!!!!!!!!!"

 

 

 

_________________________________________

• "the previous conservative government - had misreported the economic statistics !"

 

 

 

 

_________________________________________

• "Papakonstantinou said - that this had created a credibility gap !"

 

 

 

_________________________________________

• "where Greek public finances - looked better - than they were !"

 

 

 

 

_________________________________________

• "like the US - Greece had "twin deficits" - or account and budget deficits !"

 

 

 

_________________________________________

• "but Greece could not - print currency !"

 

 

 

 

_________________________________________

• "Papakonstantinou described the Greek taxation system - as one !"

 

 

 

_________________________________________

• "that had allowed too many - distortionary exemptions !"

 

 

 

 

_________________________________________

• "and lacked transparency - and equitable burden-sharing - between different professions !"

 

 

 

_________________________________________

• "tax evasion had been 30 billion euro - or about 12 percent of GDP !"

 

 

 

 

 

 

 

 

US Investment - US cable - 2010: LINK ¤ 10ATHENS92

_________________________________________

 

• "the US embassy had lobbied for - liberalization of the energy - and telecommunication markets !"

 

 

 

_________________________________________

• "Greek businesses were among the leading investors - in Southeast Europe !"

 

 

 

 

_________________________________________

• "foreign investments were - Carlyle Group - Neochimiki - Philip Morris Group - Coca Cola Hellas Bottling !"

 

_________________________________________

• "Deutsche Telekom AG - OTE - China Ocean Shipping - COSCO - Vodafone !"

 

 

 

 

 

 

 

 

 

macroeconomic Indicators - BSTDB

_________________________________________

 

• "exports | imports - when Greece became a member of the EU | Euro !"

 

 

 

_________________________________________

• "exports 2000 - 10.201,5 | exports 2010 - 20.924,0 !"

 

 

 

_________________________________________

• "imports 2000 - 30.440,4 | imports 2010 - 76.882,0 !"

 

 

 

 

 

 

 

 

peripheral Structures in Europe - Stockhammer - PDF: LINK ¤ R M F

_________________________________________

 

• "the Greek debt had often been presented - as a result of lack of fiscal discipline !"

 

 

 

_________________________________________

• "but the fact that other peripheral countries - were experiencing similar circumstances !"

 

 

 

 

_________________________________________

• "suggested that a more general mechanism - was at work !"

 

 

 

 

_________________________________________

• "while some member states in the Euro area - had more export - others had more credit !"

 

 

 

_________________________________________

• "it is up to the Euro area institutions - to prevent the build up of imbalances !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "between - as well as within member states !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "the two models interacted - and depended on each other !"

 

 

 

_________________________________________

• "there must not be too much imbalances - and divergences !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "Europe needs wages - that rise at least - with labour productivity !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "they need to rise above productivity growth - and inflation in the centre !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "and there is need for coordination - in wage policy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "if Europe wants to avoid such a situation in the future - it needs higher wage growth in Germany !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

______________________________________________________________________________

IWF: Griechenland braucht einen Schuldenschnitt - der Standard: LINK ¤ der STANDARD

_________________________________________

 

• "der Internationale Währungsfonds - IWF - wies in einem Papier darauf hin !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

_________________________________________

• "dass um die griechischen Schulden - haltbar zu machen !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "das Land Schuldenerleichterungen benötigt - weit jenseits der bisherigen Erwägungen !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

______________________________________________________________________________

alle Griechen mit über 100.000 Euro am Konto werden überprüft - der Standard: LINK ¤ der STANDARD

_________________________________________

 

• "im Kampf gegen Steuerhinterzieher - überprüfen die griechischen Steuerämter !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

_________________________________________

• "nun alle Griechen mit Bankguthaben - von über 100.000 Euro !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "wer nicht erklären kann - wie er dazu gekommen ist - muss harte Strafen zahlen !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

_________________________________________

• "die griechischen Banken haben den Behörden die notwendigen Daten übergeben - die Summe sollte bei rund 43 Milliarden Euro liegen !"

 

 

 

_________________________________________

• "darunter war ein Bauunternehmer - der lediglich ein Einkommen von 72.000 Euro versteuert hatte !"

 

 

_________________________________________

• "gleichzeitig aber über Geldeinlagen - in Höhe von 280 Mio. Euro verfügt hatte !"

 

 

 

 

 

 

 

______________________________________________________________________________

Griechenland Rettung - ATTAC: LINK ¤ ATTAC

_________________________________________

 

• "die EU und der IWF hatten in 23 Tranchen - 206,9 Milliarden Euro - für die sogenannte "Griechenland-Rettung" eingesetzt !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

_________________________________________

• "77 Prozent der Hilfsgelder hatten sich direkt - oder indirekt dem Finanzsektor zuordnen lassen !"

 

 

 

_________________________________________

• "58,2 Milliarden - 28,1 Prozent - waren für die Rekapitalisierung griechischer Banken verwendet worden !"

 

 

• "anstatt den maroden Sektor nachhaltig umzustrukturieren - und die Eigentümer der Banken für deren Verluste - haften zu lassen !"

 

 

 

_________________________________________

• "101,3 Milliarden - 49 Prozent - waren Gläubigern des griechischen Staats zugute gekommen !"

 

 

_________________________________________

• "davon waren allerdings 55,44 Milliarden verwendet worden - um auslaufende Staatsanleihen zu bedienen !"

 

 

 

_________________________________________

• "anstatt die Gläubiger - ein Risiko mittragen zu lassen !"

 

 

 

_________________________________________

• "weitere 34,6 Milliarden hatten dazu gedient - die Gläubiger für den Schuldenschnitt zu gewinnen !"

 

 

_________________________________________

• "11,29 Milliarden waren für einen Schuldenrückkauf - eingesetzt worden !"

 

 

 

_________________________________________

• "0,9 Milliarden - 0,4 Prozent - waren als griechischer Beitrag an den Rettungsschirm ESM gegangen !"

 

 

_________________________________________

• "maximal 46,6 Milliarden - 22,5 Prozent - flossen in den griechischen Staatshaushalt !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

• "dieser Summe standen jedoch weitere Ausgabenposten - im selben Zeitraum gegenüber !"

 

 

_________________________________________

• "mehr als 34,6 Milliarden waren aus dem Staatshaushalt - als Zinsen für laufende Staatsanleihen erneut an Gläubiger geflossen !"

 

 

 

_________________________________________

• "zudem hatte der Staat 10,2 Milliarden - für Verteidigungsausgaben aufwendet !"

 

 

 

_________________________________________

• "einen Teil der Hilfsgelder hatte die Familie Latsis - erhalten !"

 

 

_________________________________________

• "die größere Teile der staatlich geretteten "Eurobank Ergasias" - besaßen !"

 

 

 

• "und der Hedgefonds Third Point - hatte im Zuge des Schuldenrückkaufs - rund 500 Millionen eingestreift !"

 

 

 

 

_________________________________________

• "Gläubiger und Vermögende - müssen an den Kosten gerecht beteiligt !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

_________________________________________

• "und der Finanzsektor - streng reguliert werden !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "Griechenland selbst braucht - dringend echte Rettungspakete !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

_________________________________________

• "die auch bei der Bevölkerung - ankommen !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

Interview mit Peter Bofinger - der Standard: LINK ¤ der STANDARD

_________________________________________

 

• "ein größerer Teil des Geldes hatte den Zweck - dass Griechenland die Zinsen an seine Gläubiger - bezahlte !"

 

 

_________________________________________

• "wenn dem Land die Schulden gestrichen würden - könnte der Staat !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "mit seinen Einnahmen - seine Ausgaben weitgehend bestreiten !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

Kreditausfallsversicherungen - der Standard: LINK ¤ der STANDARD

_________________________________________

 

• "man hatte CDS - Credit Default Swaps - Kreditausfallsversicherungen !"

 

 

_________________________________________

• "auch als reines Spekulationsprodukt - erwerben können !"

 

 

 

_________________________________________

• "das Volumen ausstehender CDS-Kontrakte - hatte bei zirka 30 Billionen US-Dollar gelegen !"

 

 

 

_________________________________________

• "CDS waren nicht über eine Börse gehandelt worden - over-the-counter-Markt - OTC !"

 

 

_________________________________________

• "es braucht eine entsprechende Regulation - um spekulative Exzesse zu vermeiden !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

______________________________________________________________________________

es braucht Visionen - der Standard: LINK ¤ der STANDARD

_________________________________________

 

• "mit einer schnellen Politik der Umschuldung - Griechenlands !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

_________________________________________

• "und einer Art von Marshall-Plan - für die griechische Wirtschaft !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "hätte man die Probleme gelöst gehabt - bevor Geld ins Ausland getragen worden wäre !"

 

 

 

_________________________________________

• "es braucht Visionen - wo es mit der griechischen Gesellschaft - hingehen soll ?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

ECONOMY of GREECE - Wikipedia EN: LINK ¤ ECONOMY of GREECE

_________________________________________

 

• "Finance Minister of Greece Evangelos Venizelos said: - "15,000 individuals and companies - had owed the taxman 37 billion euros !""

 

 

_________________________________________

• "the Tax Justice Network had said that there were € 20 billion - in Swiss bank accounts - and 10,000 Greek-owned off-shore companies !"

 

______________________________________________________________________________