Skip to main content

The start of the Greek resistance against ECB?


Yesterday, Greek Corruption Prosecutors raided the family home of Bank of Greece governor Yannis Stournaras, under an investigation concerning a company linked to the central banker's wife Stavroula Nikolopoulou-Stournara.

As amna.gr reports:

Greek Corruption Prosecutors on Thursday raided the family home of Bank of Greece governor Yannis Stournaras, in connection with an investigation into advertising spending by the Hellenic Centre for Disease Control and Prevention (HCDCP), received by a company linked to the central banker's wife Stavroula Nikolopoulou-Stournara. Sources said the prosecutors conducting the raid confiscated documents and electronic files related to the activities of Nikolopoulou-Stournara's company and its dealings with the HCDCP.

[...]

This is the second investigation concerning the HCDCP's advertising spending, following an investigation that culminated in the prosecution of the agency's director and board members in 2015 for breach of faith, concerning their actions in the years 2011-2013.

Based on evidence collected by the corruption prosecutors in that case, which is now in the hands of an examining magistrate , the HCDCP spent sums greater than 2.0 million euros on messages to inform the public about health issues, such as the seasonal flu and others, which could have been broadcast without charge as public service messages. In addition, the investigators discovered irregularities in some of the related tender procedures, while in one case the contract was awarded to a company that should have been ruled out for non-payment of social insurance contributions.

[...]

... the prime minister and central banker agreed that this is an investigation by independent justice, in which both have confidence.

As mentioned in a previous article, the Bank of Greece is totally beyond the state control and therefore it is totally unreliable to serve country's interests. It has been mentioned also that a key move by the Greek government would be to take full control of the central bank.

It is worth to notice that under the "Socialist" PM, Kostas Simitis, Greece entered the neoliberal era of banking lending and bubble economy. He and his "close group" in the government are remembered as the "modernizers", and this period marked the beginning of transformation of the Socialist party into a neoliberal political formation. In essence, "modernization" was the word that had been used instead of "neoliberalism". Yannis Stournaras, former Minister of Finance and current Governor of the Bank of Greece, who has been the most willing to adopt the destructive neoliberal policies that the Troika lenders imposed to Greece, has also worked as a financial advisor for the Greek Ministry of Finance, participating in the negotiations for Greece's entry into the European Monetary Union, under Simitis administration.

Also, current Greek PM Alexis Tsipras, as an opposition leader in the recent past, described Yannis Stournaras as “the main executor of the death contract against Greek society and Greek citizens”, while SYRIZA had tabled a motion of no-confidence in Stournaras during his previous position as Finance Minister.

Note also that Stournaras has been placed in his position as Governor of the Bank of Greece already since June 2014, while the political system in Greece was preparing for possible national elections, with SYRIZA ahead in all polls. Obviously, he is the man of the ECB and Berlin in Greece (a common practice in other eurozone countries too), to make sure that the country will stay imprisoned inside the sado-monetarist prison of euro.

Recall that certain circles were promoting Stournaras as a potential new PM-technocrat, like Papademos, in case of a new political "crisis" in Greece, which could be provoked of course by the EFD/IMF/ECB centers and their Greek agents.

In previous years, anyone involved with the corrupted system of the ruling political elite, expressed through the Popular Right (New Democracy), and the Social-Democrats (PASOK), was enjoying a kind of exclusion from the scrutiny of justice. Tsipras may simply let the Greek justice free to do its job, so that to find evidence to prosecute Stournaras and put a favorable person in his position. This would be a further key step to loosen the stifling control of the ECB.

Quite recently, Slovenia showed signs of resistance against the ECB dictatorship. Maybe it's time for Greece and others to join the resistance ...

Comments

Popular posts from this blog

"Kidnapped in Int'l Waters": Israel Intercepts Gaza-Bound Aid Ship, Detains Greta Thunberg & Others

Democracy Now!   Eleven peace activists and one journalist on board the Gaza Freedom Flotilla ship, the "Madleen," were detained by Israeli soldiers as their ship carrying vital humanitarian aid for starving Palestinians approached Gaza.    The ship was intercepted by Israeli forces in the middle of the night in international waters. Its supplies were seized and communications jammed. The unarmed activists will likely be transported to Israeli detention or "immediately deported," says Ann Wright, a U.S. military veteran who has participated in four Freedom Flotilla journeys and now serves on the steering committee of the Freedom Flotilla Coalition. She calls on citizens of countries around the world to push for the activists' release and an end to Israel's war on Gaza. 

How Israel’s Supporters Play Victim to Justify Genocide & Silence Critics

BreakThrough News   As Israel commits a live-streamed genocide in Gaza, Western media and political elites continue to center one narrative: Jewish fear. But what about the actual victims of this genocide—Palestinians? Journalist Nora Barrows-Friedman joins Rania Khalek on Dispatches for a fearless conversation on Zionist indoctrination in the Jewish diaspora, how antisemitism is being weaponized to silence critics of Israel, and how Jewish identity politics has been manipulated to cover for unspeakable crimes. From the media blackout on Israeli war crimes to the erasure of anti-Palestinian hate crimes—even in the diaspora—Nora lays bare the contradictions and power structures behind it all. 

How the EU is using anti-Russia sanctions to criminalise journalism

The EU sanctioned me and my media outlet for covering Palestine protests in Germany. It’s part of Europe’s growing authoritarianism and militarism, cloaked in language of fighting disinformation and defending democracy.   by Hüseyin Dogru   Part 2 - How the EU uses anti-Russian hysteria to smear Palestine solidarity journalism   The official rationale for sanctioning me hinges on red .’s alleged links to Russian influence. The EU sanctions listing cited just two pieces of “evidence”: that some red. staff had previously worked for Russian-funded media, and that we covered “politically controversial subjects” – specifically: Palestine. That’s it. The listing accuses me, through my work with red ., of “facilitating violent demonstrations”, amplifying “radical Islamic terrorist narratives” and claims our staff “coordinated with occupiers”. Not a single piece of evidence is cited, apart from the fact that we published footage of a pro-Palestine student occupation in Berlin. I...

UN report confirms: Israel is a terrorist state and its goal is to exterminate all Palestinians

Israeli attacks on educational, religious and cultural sites in the Occupied Palestinian Territory amount to war crimes and the crime against humanity of extermination, UN Commission says.     globinfo freexchange Israel has obliterated Gaza’s education system and destroyed over half of all religious and cultural sites in the Gaza Strip, part of a widespread and relentless assault against the Palestinian people in which Israeli forces have committed war crimes and the crime against humanity of extermination, the UN Independent International Commission of Inquiry on the Occupied Palestinian Territory, including East Jerusalem and Israel, said in a new report [yesterday]. While the Commission paid special attention to the situation in Gaza, the report focuses on attacks in the Occupied Palestinian Territory as a whole, and in Israel. “We are seeing more and more indications that Israel is carrying out a concerted campaign to obliterate Palestinian life in Gaza,” said Navi Pi...

Keir Starmer admits Ukraine a proxy war

The Grayzone   The Grayzone 's Max Blumenthal and Aaron Mate on the British PM's unintentional acknowledgement of an inconvenient truth. 

[LIVE] War in the Middle East after Iran's retaliation against Israel

globinfo freexchange      Explosions in Tel Aviv as sirens sound across Israel amid Iranian missile attacks in response to Israeli strikes.      The Israeli military continues to launch waves of strikes against Iranian military and nuclear sites, as well as major cities.   Updates:  https://www.aljazeera.com/news/liveblog/2025/6/13/live-explosions-reported-in-iran-amid-israel-tensions  

How the U.S. & Israel Used Rafael Grossi to Hijack the IAEA and Start a War on Iran

Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), allowed the IAEA to be used by the United States and Israel—an undeclared nuclear weapons state in long-term violation of IAEA rules—to manufacture a pretext for war on Iran, despite his agency’s own conclusion that Iran had no nuclear weapons program.   by Medea Benjamin - Nicolas J. S. Davies On June 12th, based on a damning report by Grossi, a slim majority of the IAEA Board of Governors voted to find Iran in non-compliance with its obligations as an IAEA member. Of the 35 countries represented on the Board, only 19 voted for the resolution, while 3 voted against it, 11 abstained and 2 did not vote. The United States contacted eight board member governments on June 10th to persuade them to either vote for the resolution or not to vote. Israeli officials said they saw the U.S. arm-twisting for the IAEA resolution as a significant signal of U.S. support for Israel’s war plans, revealing how much Isra...

War criminal Netanyahu is pushing the Orange Clown and the US into the abyss

globinfo freexchange   It seems that the war criminal Benjamin Netanyahu, is rushing to accelerate the decline of the US empire by forcing Donald Trump into an utterly devastating war with Iran.   Trump shot himself in the foot during his first term by killing the Iran nuclear deal just because he wanted to erase everything from the Obama legacy. His insane narcissism pushed him into crazy acts and made him believe that he could make another deal with Iran credited solely on him.   But now he is in big trouble because he has to deal with a corrupted psychopath who won't hesitate to burn the entire planet just to save himself.  As if the genocide of Palestinians in Gaza was not enough, the out-of-control psychopath Netanyahu, is doing whatever he can to drag the US into a war with Iran. As he realized that the Iranians are approaching the negotiating table again, (rather surprisingly with the man that killed the first deal and assassinated Qasem Soleimani), he decide...

UNHINGED CNN, FOX War Propaganda After Iran Strikes

Breaking Points   Krystal and Saagar discuss unhinged war propaganda on mainstream media. 

Trump in SHOCK: Putin & China FLIP His Grave Mistake into STUNNING Victory

Danny Haiphong   Putin & China just gave Trump a rude BRICS awakening, and this bombshell will change everything for generations to come. Geopolitical analyst Ben Norton details the truth about Trump's biggest failure against the rising power of BRICS led by Russia and China, and why the US's role as super power is now in serious question.     Related: Trump's tariffs: A unique opportunity for BRICS and the Global South to fully escape from dollar tyranny