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France's local elections: A message with multiple receivers

An interview with Kostas Vergopoulos, Professor of Economics, University of Paris for the tvxs.gr website by Katrin Alamanou Was the percentage of the National Front in French local elections the expected one? Many media are speaking about "historic" results. It was expected. However, it was not as big as announced. In the area of Paris, the most populated electoral area of the country, with about 12 million people, Marine Le Pen's National Front, despite its rise, did not exceed 6%. In South and North France, however, a rise was recorded. In North France a mayor was elected with 50%. In four or five cities of South its percentage was 40-45%. This is a success for the National Front, but in national level it was not so successful. In France, the National Front's total percentage was 4.7% while the percentage of the Right was 47% and the percentage of the Left was 37%. The Left lost in total 8 percentage units, while the Right gained 3.5% an

The Greek government sells off the systemic banks

More to follow According to the announcement of the main opposition party SYRIZA " ... we are talking about a crime in opportunity price since the Hellenic Financial Stability Fund (HFSF), prior to the increase of the share capital of the bank, has signed an agreement with a team of institutional investors (!) leaded by Fairfax, to attract capital with a share price of 0.30 - that is 75% cheaper of what is was cost to the Public (HFSF), but also lower from the current price in stock market! [...] the offer of the foreign financial firm concerns 47% of the increase equal to 1.332 billion. " http://www.enet.gr/?i=news.el.article&id=426416 In essence, the bank is just changing private hands with money from the taxpayers who will be called to carry the damage of recapitalization. The bank, as well as the other systemic banks was in reality always under private control. Profits for banks, debts for Public: Greece: The only "public" in banks is

How to transform an independent country into a banksters colony

Αnother reason why international banksters and speculators rushed to lend the Greek government Stock market technical analyst P. Panagiotou reveals the whole background of the process The Greek government decided to design a bond auction that, in order to be held, the planned evaluation of the country should be postponed first. The evaluation would remind the obvious: that Greece is not out of the crisis, that the country has financial gaps and probably will be led to a new memorandum and, of course, Greece's debt is still not viable and needs to be treated substantially. In order Greece to attract investors like Goldman Sachs, as the Greek government wanted and to build a picture of a "normal" bond auction, has designed the latest bond issuance under unprecedented legal and financial terms for a European and developed nation. This was designed by the government under top secrecy. A top executive of a party of the opposition forced the Greek Public

Ελλάδα: Χειροτέρευση των δημοσιονομικών για το 2013

Ένα συντριπτικά μεγάλο ποσοστό του ελλείμματος οφείλεται στην στήριξη των τραπεζών! Σύμφωνα με τη νέα ανακοίνωση της ΕΛΣΤΑΤ “ Το έλλειμμα της Γενικής Κυβέρνησης για το έτος 2013, όπως υπολογίζεται στα πλαίσια της ΔΥΕ, ανήλθε στα 23,1 δις ευρώ (12,7% επί του Ακαθάριστου Εγχώριου Προϊόντος), ενώ το ενοποιημένο χρέος της Γενικής Κυβέρνησης σε ονομαστικές τιμές στο τέλος του 2013 ανήλθε στα 318,7 δις ευρώ, (175,1% επί του Ακαθάριστου Εγχώριου Προϊόντος). ” Επίσης, με βάση τον πίνακα 2 του δελτίου τύπου της Ελληνικής Στατιστικής Αρχής που αφορά τα δημοσιονομικά στοιχεία για την περίοδο 2010 ‐ 2013, οι απώλειες για το ΑΕΠ της χώρας ήταν πάνω από 40 δισ. ευρώ. Σύμφωνα πάντα με το δελτίο τύπου “ Ο Πίνακας 3 παρουσιάζει την επίπτωση της υποστήριξης των χρηματοπιστωτικών ιδρυμάτων από όλες τις παρεμβάσεις του κράτους κατά τη διάρκεια της χρηματοπιστωτικής κρίσης, στο ισοζύγιο (έλλειμμα/πλεόνασμα) της Γενικής Κυβέρνησης. Το 2013, αυτή ανήλθε σε 19.272 εκατομμύρια ευ

Greece: Deficit at 12.7% and public debt at 175.1% of GDP in 2013

According to the Hellenic Statistical Authority, the deficit of the general government in 2013 was 23.1 billion euros or 12.7% of GDP. The unified debt of the general government in nominal values at the end of 2013 was 318.7 billion euros or 175.1% of GDP. Between 2010 and 2013 country's GDP shrank more than 40 billion euros. It is worth to note that only for 2013 the general government supported banks with 6,189.3 million euros through the Hellenic Financial Stability Fund (HFSF), while 14,759 million were given to recapitalize the four systemic banks, thus more than 20 billions in total, or equal to the half of the GDP loses for the period 2010-2013. The corresponding numbers in 2010, when Greece was excluded from markets, were 10.9% of GDP for the deficit and 148.3% of GDP for the debt of the general government. This is another proof that Greece's recent "return to markets" is clearly a political decision allowed by the international banksters in

Official: Merkel wants a "Treuhand" for Europe!

by system failure During Merkel's visit in Athens, mainstream media flooded, as expected, by more or less triumphal comments, with only few exceptions of different opinions which were allowed in the name of the supposed reliable information. From the first moment of her visit as representative of the European neoliberal economic empire, it was like all problems were magically vanished: homeless who searching garbage for food disappeared, poverty was beaten, unemployment rate dropped to single digits and the only thing that Greece has to do is to prepare for the millions of tourists who are about to come and borrow from international speculators at low interest! The German chancellor said many things (more or less expected), but it would be worth to focus on a phrase which shows her intentions: " I come from an electoral periphery which was marked by the reunion phase of east and west Germany. Many occupations that were necessary sometime, suddenly were not. T

Επίσημο: Η Μέρκελ θέλει μια "Treuhand" για την Ευρώπη!

του system failure Κατά την επίσκεψη της Μέρκελ στην Αθήνα, τα συστημικά μίντια κατακλύστηκαν, όπως ήταν φυσικό, από σχεδόν θριαμβευτικά σχόλια, με ελάχιστες εξαιρέσεις, οι οποίες βέβαια και αυτές κατάφεραν να ακουστούν στο όνομα δήθεν της αντικειμενικής πληροφόρησης και της πολιτικής των ίσων αποστάσεων που υποτίθεται ότι τηρούν. Με το που πάτησε το πόδι της στην Αθήνα η εκπρόσωπος της Ευρωπαϊκής νεοφιλελεύθερης οικονομικής αυτοκρατορίας, ήταν λες και διορθώθηκαν όλα ως δια μαγείας: οι άστεγοι που ψάχνουν στα σκουπίδια εξαφανίστηκαν, η φτώχεια εξαλείφθηκε, η ανεργία έπεσε σε μονοψήφιο ποσοστό και το μόνο που μένει να κάνει η Ελλάδα, είναι να προετοιμαστεί κατάλληλα για να υποδεχθεί τους τουρίστες που θα έρθουν κατά εκατομμύρια και να δανειστεί από τους διεθνείς τοκογλύφους με χαμηλό επιτόκιο! Από τα πολλά (και λίγο - πολύ αναμενόμενα) που είπε η Μέρκελ, αξίζει να σταθούμε σε μια φράση της στο επενδυτικό φόρουμ για νέους επιχειρηματίες: « Προέρχομαι από μια εκλογική πε

A “warm welcome” for Merkel in Athens

A "warm welcome" is expected today for Angela Merkel in Athens. During a different type of protest, the documentary by Stelios Kouloglou, " The Godmother " ( http://failedevolution.blogspot.gr/2014/03/who-is-godmother.html ), will be projected in a big screen at Propylea in 19:00. Meanwhile, the main opposition Leftist party SYRIZA called citizens to protest at Klafthmonos Square at 17:00, while stated that " The visit of Chancellor Merkel in Athens to is to support the Samaras-Venizelos coalition government, in view of the elections, to reward the catastrophic work of the government, to oversee the continuation of austerity, to inspect whether the banks were given away to the vested interests, if the public property was sold for chicken feed, whether the Greek wages have dropped to the level of those in Bulgaria. ” http://www.tvxs.gr/news/ellada/thermi-ypodoxi-etoimazetai-gia-tin-merkel http://www.keeptalkinggreece.com/2014/04/10/

Όταν το σύστημα εκβιάζει τις κοινωνίες

του system failure Ενισχύονται τα σενάρια για κλιμάκωση των επιχειρήσεων προβοκάτσιας μετά την τελευταία βομβιστική ενέργεια έξω από την τράπεζα της Ελλάδας. Θα πρέπει κανείς να αναμένει μια κλιμάκωση των τακτικών αποπροσανατολισμού και εκφοβισμού του συστήματος σε έναν τέτοιο οικονομικό πόλεμο, όπως αυτόν που βιώνει η Ελλάδα τα τελευταία χρόνια. Μια συνήθης πρακτική των λεγόμενων "νονών της νύχτας" είναι να πουλάν προστασία σε μπαρ και νυχτερινά κλαμπ. Φυσικά, πρόκειται για καθαρό εκβιασμό, καθώς όπως πολύ καλά γνωρίζουμε, είναι οι ίδιοι οι νονοί που συχνά στέλνουν μπράβους για να δείρουν ανθρώπους και να ρημάξουν τέτοιες επιχειρήσεις, σε περίπτωση που οι ιδιοκτήτες τους αρνηθούν την "προστασία". Φαίνεται ότι η Ελληνική κυβέρνηση στην παρούσα φάση υιοθετεί μια παρόμοια λογική, προσπαθώντας να εκβιάσει τους πολίτες όσο πλησιάζουμε προς τις ευρωεκλογές. Μετά το ξέσπασμα του σκανδάλου Μπαλτάκου, η παγκόσμια νεοφιλελεύθερη δικτατορία έσπευσε να στηρίξει τ

When system blackmails societies

by system failure Apart from the most obvious explanation that the latest bombing in the center of Athens outside the Bank of Greece, is just a reaction from a radical-left guerrilla group against government, there are other scenarios which involve provocative operations by the government itself. Tactics of fear and disorientation by the system in times of such a hard economic war like currently in Greece, should be expected more and more often. A common practice from the "godfathers of night" is to sell protection to bars and nightclubs from potential rival interests against them. Of course, this is a pure blackmail since they are the same ones who often send paid bouncers to cause significant damages in those businesses in case that their owners refuse "protection". It seems that the Greek government currently follows a similar logic to blackmail citizens as we approaching euro-elections. After the Baltakos scandal ( http://www.eneten