Skip to main content

A new start for the Committee on the Greek Public Debt


Thirteen MEPs of the Left and the Greens signed in Brussels a support text for the continuation of the Truth Committee's work on the Greek Public Debt, which was set up last year by the former Speaker of the Hellenic Parliament, Zoe Konstantopoulou.

The signing of the text was made on the occasion of the manifestation of the European Left Group (GUE / NLG) in the European Parliament, attended by more than 120 people, in which the hitherto work of the Committee was presented. As characteristically been said by the coordinator of the Truth Committee's work, Éric Toussaint, who was speaker at one of the two panels of the conference: "I have rarely seen this room so crowded."

In the support text it is noted that “recognizing its valuable contribution and confirming that the audit of public debt serve a fundamental sovereign right of peoples, which should be followed and respected by all governments and authorities-institutions, we support the continuation of work of the Greek Public Debt Truth Committee.”

On Tuesday (01/03) at a press conference in Brussels after the meeting "Restructuring of Debt - Rebuilding Democracy" organized by the European Left Group (GUE / NLG), on the initiative of the MEPs Sofia Sakorafa, Nikos Chountis and Jean-Luc Mélenchon, the Truth Committee announced the continuation of its work, in spite of "sabotage" by the current Speaker of the Hellenic Parliament, Nikos Voutsis, and by the leadership of SYRIZA.

It has also announced its transformation into a Union, which will soon open the General Assembly convergence with the participation of all those who are interested on the initiative's continuing effort to audit the Greek public debt, in addition to those who have already supported, in any way, the work, during the term of office of Mrs. Konstantopoulou as Speaker of the Hellenic Parliament.

At a press conference by Sofia Sakorafa, Zoe Konstantopoulou and scientific coordinator of the Committee's work, Éric Toussaint, it has been stressed that the members of the Committee, considering the regime of prosecution and the undermining-extinction of the Committee's work by the current Speaker of the Hellenic Parliament and the current Greek government authorities, decided to remain faithful to their duty towards the Greek people, that is, not to succumb to a violent termination of Committee's work, but to continue it by any means.

The operation of domestic [Greek] banks and the ECB will be examined in the next work of the Truth Committee, while the next meeting has been scheduled for the early summer in Athens.

The Truth Committee will investigate how the Greek banking sector has been transformed since the mid 90's prior to the Greek accession to the EMU [European Monetary Union]. How with the vehicle of cutting interest rates after the accession of Greece to the euro, the banks led the Greek households to indebtedness and the creation of a financial bubble. How the collapse of Lehman Brothers in 2008 exacerbated the banking crisis in Greece and how the recent recapitalization of banks, has benefited scandalously the acquisition of bank shares by private investors (funds) while blocked Greek investors because of the power of capital controls.

The findings of the Truth Committee for Public Debt regarding the Greek banking system, is expected to be ready for publication in mid-May to early June. Subsequently it will be published, on the occasion of one year of the publication of preliminary findings on Greek public debt in June 2015.

Source:

Comments

Popular posts from this blog

Telegram Founder & CEO Pavel Durov Arrested in France as Online Censorship Escalates

Glenn Greenwald  

Trump PANICS As US BOMBS WEDDING & Iran GETS REVENGE!!

Secular Talk  /  Breaking Points

Netanyahu Threatens Lebanon With Genocidal Mayhem

Owen Jones   Where is the media outrage?  

Jul 2018 picks

Retired US army colonel implies that a war with Iran could start with a Vietnam-type false flag operation Corporate media begin typical operations to make progressives comply with the establishment WikiLeaks paper shows France & UK pioneers behind Libya breakup Twitter under fire on European Commission hypocrisy to 'stand with the Greek people' IMF mafia ready to repeat the big crime in Argentina The financial system of chaos: no one can tell the 'when', 'where' and ‘how’ of the next financial meltdown Standard and Poor's 'coincidentally' upgrades the Greek economy after Greece expels two Russian diplomats Jill Stein, Jeremy Corbyn, Bernie Sanders: a continuously rising political triplet proves that Socialism unites generations The idiotic circus of terror leads us to the final collapse WikiLeaks paper reveals Ecuadorian private business elites declared war on Rafael Correa right after his election and asked for US support Ho...

Όσοι περνάν των χώρα της απόγνωσης παθαίνουν αμνησία ...

globinfo freexchange Δανειστήκαμε αυτή τη φράση από ένα παλιό κομμάτι της Ελληνικής ροκ μπάντας "Τρύπες", για να περιγράψουμε με λίγα λόγια αυτό που φαίνεται να έχει πάθει η Ελληνική κοινωνία.  Πώς είναι δυνατόν μια ολόκληρη κοινωνία να έχει ξεχάσει ποιοι τη χρεοκόπησαν; Ποιοι έστησαν το άθλιο σύστημα των κρατικοδίαιτων 'ημέτερων' και της οικογενειοκρατίας; Ποιοι έσωσαν τις τράπεζες με πακτωλό δισεκατομμυρίων σε βάρος της μεσαίας τάξης; Ποιοι έκαναν τη μίζα και το ρουσφέτι επάγγελμα; Πώς είναι δυνατόν αυτή η κοινωνία να ετοιμάζεται να ξαναφέρει στην εξουσία ένα κομμάτι αυτού του άθλιου πολιτικού κατεστημένου, με την επιστροφή μάλιστα του αμετανόητα νεοφιλελεύθερου Κυριάκου Μητσοτάκη και της ομάδας του;   Η απόγνωση που έφεραν εννέα χρόνια βάρβαρων νεοφιλελεύθερων πολιτικών και σκληρής λιτότητας και που ανάγκασε τη χώρα να διαβεί τον εφιαλτικό μονόδρομο της μόνιμης χρεοκοπίας, πρέπει να έπαιξε σημαντικό ρόλο.  Διότι ως γνωστόν, η απελπισία...

Norman Finkelstein & Jeremy Corbyn: THE INTERVIEW ISRAEL WANT TO BAN

Double Down News In a powerful and deeply personal conversation, political scientist Dr. Norman Finkelstein sits down with MP and former UK Labour Leader Jeremy Corbyn to analyse the ongoing crisis in Gaza, Western diplomatic inaction, and the media's framing of the conflict. From evaluating ICJ proceedings to dismantling mainstream media "gatekeeper" tactics, Finkelstein and Corbyn provide an unsparing critique of current geopolitical realities and explain why Gaza has become a defining moral touchstone for a new generation. Beyond foreign policy, the pair explore the broader societal shifts shaping world politics today. Drawing on four decades of political activism, they compare today's student movement to historical anti-Apartheid and anti-Vietnam War struggles, while examining the decline of social mobility, the commercialisation of higher education, and the impact of digital media on critical thinking and long-term political engagement.

Houthis Have Inflicted "Astronomical" Damage On U.S. & Israel

Katie Halper Katie Halper talks to Ashok Kumar about how the Houthis are making history: "this is the first time in history that you had the maintenance of a blockade from a force with no navy," Trump "doesn't know what to do about it" and they're inflicting "astronomical liabilities" on Israel and the U.S.  Ashok Kumar is a University of London Professor and a Green Party activist in the U.K.

EXPOSED: Zohran Reveals MASSIVE 9/11 Cover Up & SHOCKS ALL!!

Secular Talk

Iran Backs Yemen's MASSIVE Attack, Missiles SLAM Saudi & US Navy

Danny Haiphong Prof. Seyed Mohammad Marandi discusses Iran's major support for Yemen's ongoing offensive against US-Saudi forces and the game changing shift in the war.

The dominant elite ready to break the "social contract"

Hyper-automation will allow the super-rich to “get rid” of the rest by system failure Since the French revolution and the new form of the urban states-democracies, the ruling class had to make the so-called "social contract" with the majority. From the moment that the dominant urban class took the power from feudalism and monarchy, should had to find a way to protect the means of production and the labor force. Therefore, the ethnic consciousness in each state served to bound the majority in order to shape national armies to protect the ruling class interests. In exchange, the ruling urban class had given the so-called social state, labor rights, etc., through the nation-state as a carrier and guarantor for all these benefits for the middle and lower classes. Since then, there have been a lot of battles and the majority managed to conquer some benefits. At the start of 20th century, the technology progress had brought the mass production. Western s...