Skip to main content

Standard and Poor's 'coincidentally' upgrades the Greek economy after Greece expels two Russian diplomats


Credit ratings agency Standard and Poor's has upgraded its outlook on Greece to positive, citing improved policy predictability and economic prospects. In a statement published late Friday, the agency said that this reflects a possible upgrade if the authorities unlock Greece's growth potential by boosting competition in product markets, bolstering property rights, simplifying bankruptcy procedures and improving the enforcement of contracts.

We are talking about the country that was excluded from the markets and entered the disastrous IMF program supervised by its creditors (ECB, European Commission, IMF), with a debt at 120% of GDP. Guess what: now the euroclowns decided that the country no longer needs to be in the program with a debt at 180% of GDP! And the rating agencies of the global financial mafia decided to upgrade Greece!

Previously, Reuters opened the road through the headline 'Greece prepares to fly solo on bond markets'.

Just when the ruined Greek economy was left alone to swim with the sharks of the “free markets”, the mechanisms of the Western imperialism rushed to provide the country with the necessary credibility. Why now?

Here is why: Greece fully obeyed to the desire of the Western neocolonialists to cut ties with Russia. Indeed, ties between Greece and Russia dramatically deteriorated after the Greek government decided to expel two Russian diplomats, and ban the entry into Greece of two more. The action came on the alleged intrusion into domestic affairs and illegal acts against Greece's national security.




Do you need more evidence that the 'free market' is a fairy tale and that all motives are purely political?

The once Leftist Alexis Tsipras and his administration are doing whatever they can to please the Western neocolonialist apparatus in order to get support for the 2019 national elections.

With the right-wing opposition leader, Kyriakos Mitsotakis, being definitely a faithful neoliberal puppet of the West, the options of Greece for geopolitical flexibility have been dramatically reduced. The debt colony no longer will be able to make any decision by its own. It will have to obey fully either to the US imperialists, or, the Brussels-Berlin axis.

Greece will pay another heavy price in the future for this disastrous decision to cut ties with Russia. History shows that the ruthless Western imperialists will have no problem even to dissolve the country, as long as such a development serves their interests.

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. 

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

Netanyahu Is Getting His War Between The U.S. & Iran!

The Jimmy Dore Show   Little progress is being made in negotiations between the United States and Iran over the latter’s nuclear program, and that may be by design. The U.S. is demanding a complete dismantling of Iran’s nuclear enrichment program, which is a non-starter for the Iranians. Meanwhile, the U.S. appears to have reneged on a promise to get a ceasefire and humanitarian aid into Gaza in exchange for the release of the last American hostage, so Hamas — and by extension Iran — feel the U.S. cannot be trusted in negotiations. Jimmy Dore and Americans’ Comedian Kurt Metzger discuss how Israel appears to be orchestrating a U.S. attack on Iran that few Americans have any interest in.    Related: Trump makes key move to beat Biden in their race to start a war with Iran

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. 

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. 

How Israel manufactured a looting crisis to cover up its Gaza famine

by Muhammad Shehada Part 4 - Gangs and scarcity are responsible for looting While Israel failed to show any evidence of Hamas stealing aid, the only documented organised systematic looting happening in Gaza right now is by Israeli-backed criminal gangs who enjoy full protection from the Israeli army, according to the Washington Post, Financial Times, Ha’aretz , and the UN. A UN memo said these gangs established a “military complex” in the heart of Rafah after Israel fully depopulated the city. Humanitarian officials say the looting often happens right in front of Israeli troops and tanks, less than 100m away, who take no action until the local police arrive, with Israeli troops then opening fire at them. Israel not only provides protection and backing to these criminal gangs but has created the perfect conditions for looting to thrive through scarcity and a collapsing state of law and order. Currently, a single bag of wheat flour sells for about 1,500 NIS ($425), which makes it profita...

[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  

They Will Starve You In A Killing Cage Too

by Nate Bear   Starvation is taking hold in Gaza. Twenty-nine people have starved to death in the last few days.  Death by starvation is horrific, the body feeding on itself, first consuming carbohydrates and fats, and then moving on to the protein parts of tissue. Once these are used up, vital organs and tissues start to fail as they aren’t being nourished by essential nutrients. The heart, lungs, muscles, ovaries, testes and brain physically shrink and shrivel. The kidneys start to fail. Eventually the body begins scavenging muscle, including the heart muscle. When this starts to happen, death is hours away, preceded by hallucinations, severe mental disturbances and convulsions. With less stored fat and higher metabolic needs, children die first. Starving parents hold their dying children, at this point nothing but skin and bone, in their arms. Adults can survive anywhere between twenty and forty days without food. Those already weak, chronically ill or immuno-compromised di...

Latest on Los Angeles anti-ICE protests in US

CGTN     Views of downtown Los Angeles where protests against immigration raids entered their third day on Sunday local time.   Protesters clashed with National Guard troops in downtown Los Angeles during the latest wave of demonstrations against statewide immigration enforcement operations that swept across California over the weekend.