It’s official: The Germans will not allow debt relief for Greece. Instead, Berlin wants to send in the repo man.
The untold story of the Greek “bailouts” is that it wasn’t a “bailout” — it was an auction of Greek assets. Real, tangible things with real, tangible value were seized in exchange for pieces of paper that guarantee Athens will be chained to Berlin and Brussels for the foreseeable future.
H/t reader squodgy:
“The quiet raping of Greece and its people.”
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You had been warned, Greece (April 23, 2010):
“The only solution for Greece is to arrest the Goldman Sachs bankers immediately and all those involved in the fabrication of Greek economic data in 2000, when you became a member of the eurozone. The next step is to nationalize all banks like Sweden did in 1993. The International Monetary Fund is that last thing you need. You will lose your sovereignty. It exercises terrorism. You will be raped in such a way, that it will be the worst pain you have ever felt.
If someone burns down your house in order to sell you charcoal, would you consider this logical? That is exactly what Goldman Sachs did to the Greek economy. They burned you down like arsonists and then they tell you not to worry they’ll give you charcoal. It’s outrageous.”
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After two straight quarters of growth Greece’s economy contracted from October to December, marking the worst quarterly performance since the height of the country’s debt crisis in the summer of 2015.
The latest data from the country’s statistical service Elstat revealed the economy had shrunk 1.2 percent in the final quarter of last year which is three times more than the estimated 0.4 percent.
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ATHENS, Greece (AP) — Nothing is inevitable in financial markets — except perhaps the return of Greece as a source of concern. More than seven years since Greece’s sky-high debts first unnerved investors and stoked speculation of the end of the euro currency, the country is back in the spotlight for the same reasons.
H/t reader squodgy:
“Not long now….”
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A new study on European attitudes toward Muslim migration has revealed that 55 per cent of Europeans in ten different countries want a halt to migration from majority Muslim nations.
The study was carried out by Chatham House, the Royal Institute of International Affairs, and surveyed European attitudes to Muslim migration in the UK, Belgium, Germany, Greece, Poland, Italy, Hungary, France, Austria, and Spain. The 10,000 people surveyed were asked whether they agreed with the statement, “All further migration from mainly Muslim countries should be stopped”.
Apart from Spain (41 per cent) and the UK (47 per cent), a majority in every country wanted a ban on Muslim immigrants. Across all countries, an average of 20 per cent disagreed with the statement, and in no country did the percentage that disagreed surpass 32 per cent. Continue reading »
Tensions are again on the rise in the Aegean Sea, where Greece is increasingly confronted by belligerent language from Turkey asserting its claim over some little rocks sticking out of the Mediterranean. A Member of Parliament of the ruling Justice and Development Party (AKP) yesterday even threatened with violence in retaliation for “games” allegedly played by Athens.
“I am warning Greece: You were saved owing to a cowardly [Turkish] admiral in 1996. Do not play the Kardak game with us. We will shoot you!,” tweeted Hüseyin Kocabıyık, the AKP deputy from the city of Izmir. Some 21 years ago the two countries almost went to war over the islets, located some seven kilometres from the Turkish peninsula of Bodrum. They are called Imia in Greek and Kardak in Turkish. Continue reading »
ATHENS, Greece (AP) — Greek authorities are investigating the deaths of three migrants over the past week in a camp on the eastern Aegean Sea island of Lesbos.
Two of the men, an Egyptian and a Syrian national, were found dead in their tents in the Moria camp last week. A third migrant, a Pakistani, died in his tent Monday.
Initial indications suggest they were poisoned by fumes from stoves lit inside the tents to counter bitter winter conditions. Continue reading »
It may – or may not – shock readers to learn that Greece is once again on the verge of collapse.
10-year bond yields shot up and stocks tumbled on Friday, a day after euro zone finance ministers acknowledged the country’s fiscal progress but once again failed to break an impasse with the IMF over the country’s future bailout targets. Early on Friday morning, the greatest Greek nemesis alive, and surely in the afterlife, German Finance Minister Wolfgang Schaeuble said that Greece’s creditors won’t unlock further financial aid to the country unless the government meets its reform promises, which he said it hasn’t done yet. Continue reading »
Severe weather warnings across England, Scotland, Wales, Northern Ireland for high winds, snow and ice.
Some record lows set in the Canadian Maritimes.
To force compensation for large losses from frost and snow damage
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Greek Asylum Service received 7,625 asylum applications last month compared to an average of 1,100 per month in 2015, according to local media.MOSCOW (Sputnik) — The number of asylum applications submitted in Greece in November exceeded the 2015 monthly average figure by 593 percent, local media reported Thursday, citing the Greek Asylum Service.According to the Ehathemirini newspaper, the service received 7,625 asylum applications last month compared to an average of 1,100 per month in 2015. Continue reading »
It is not a secret and it is not new that public hospitals in Greece collapsed. As Keep TalkingGreece.com notes, the first budget cuts imposed with the first bailout agreement affected the public health. Seven years later, the situation goes from bad to worse in fast speed. The austerity freezing of hiring (1:7) ended up in severe shortages in medical and paramedical personnel. The sharp expenditure cuts deprive hospitals of spare parts and essential material. KTG reported many times in the past about the situation in Greece’s hospitals, the deficiencies in personnel and material, incl bed sheets, the never ending bureaucracy.
Now doctors and workers at the public hospitals mention a new phenomenon: the increasing risk of death due to inner-hospital infections.
On Wednesday, Greek yields surged when it emerged that diplomatic relations between Greece and the Eurogroup had broken down once again, after European finance ministers suspended negotiations over granting short-term debt relief to Greece as a result of pledges by embattled Greek PM Tsipras unexpectedly said he would grant low-income pensioners a pre-Christmas payoff by spending €600 million to the nation’s 1 million low-income pensioners, to replace a Christmas bonus scrapped by the Greek bailout supervisors. Continue reading »
A Greek lawyer has identified the suspected murderer of Maria L. as having been in Greece in 2013 and confirmed that the man had claimed to have been between 16 and 17 at the time.
Greek lawyer Maria-Eleni Nikolopoulou has confirmed the allegations made by two asylum seekers who told German press that the murderer of Maria Ladenburger had been convicted of attempted murder in Greece in 2014, reports Donau Kurier.
In 2013, Afghan migrant Hussein K. attempted to rob a woman and then threw her from a cliff on the coast of the island of Corfu. During the trial, which took place in 2014, Hussein K. said that he was 17; two years later, after being arrested for the murder of Maria Ladenburger, he is claiming again that he is still 17 years old. Continue reading »
A migrant stopped for a routine check by police in Athens opened fire on officers, wounding one before apparently turning the gun on himself.
The man was questioned by a motorcycle patrol, who asked to see his papers. Instead he opened fire, striking one officer in the shoulder before fleeing as the officers returned fire.
He was found dead a short while later with a gunshot wound to the head, which was reportedly self inflicted, the Daily Mail has reported.
Athens Police have refused to reveal whether he was fatally wounded by the police officers’ returning fire. Continue reading »
Hundreds of migrants arriving on the Greek island of Lesbos have claimed that they came from a “dissolved” migrant camp in north-west Turkey, and Greek port authorities allege the Turkish coastguard that monitors the Aegean Sea border has “disappeared”.
On Friday 200 migrants, mostly originating from Africa, travelled across the Aegean Sea and landed on the eastern Greek island of Lesbos. In addition, the European Union (EU) border agency Frontex picked up 66 migrants off the coast of Chios. On Saturday morning, a further 330 arrived on the both islands. Continue reading »
European member states will be able to return migrants to Greece from mid-March 2017, the European Commission has announced, in a bid to unpick recent changes to the bloc’s migration rules.
Under European Union (EU) rules, the first country of entry is responsible for processing the asylum claims of migrants arriving within its borders. But unable to cope with the scale of the migrant crisis last year, Greece simply allowed migrants to pass through.
As more than a million migrants swept northwards internal borders were rapidly closed, effectively trapping the later arrivals in Greece.
The Greek islands are already struggling to accommodate twice as many migrants as they have the capacity for, leading to human rights agencies to warn that the country will not to be able to cope with returnees. Continue reading »
(Screenshot – Click on image to enlarge.)
Here is the censored article:
In my commentary to the above article I wrote:
– Greek Central Bank Accused of Encouraging Naked Short Selling of Greek Bonds (Financial Times)
And remember that the biggest Greek CDS speculator has been the state-controlled Hellenic Post Bank with help from (Yes, you’ve guessed it!) Goldman Sachs:
– State-controlled Hellenic Post Bank (TT) bet against Greece (Kathimerini)
– Fragwürdige Finanzgeschäfte Griechen wetten auf eigene Pleite (Sueddeutsche Zeitung)
The state-controlled Hellenic Post Bank was betting on Greece going bankrupt!
What will happen if Greece defaults:
So who could possibly ‘dislike’ such an article?
On a side note:
Infinite Unknown had a global Alexa Rank of just above 100,000 (for a while) and even below that (quite a while ago).
A webmaster told me (when it became apparent that the numbers were dropping fast) that Alexa had changed its rating methods, which in his opinion clearly disfavors websites like I.U.
You can look up I.U.’s global ranking here:
The only way we can make up for all this censorship coming our way is if readers would start hitting that social media buttons like crazy.
Maybe that would also bring more attention to the website, which could possibly result in more financial support for my work, which is much, much needed.
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Thousands of dinghies and motorboats are reported to have amassed along the Turkish coast
And there is a seer who has foreseen (the migrant crisis) and war between Turkey and Greece, just before Turkey is getting destroyed by Russia.
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Masonic signs of recognition:
Hand necktie/neck sign edition (sign of distress) …
(They are all making many other masonic hand signs as well, so this can NOT be seen as a coincidence.)
On the same day Matteo Renzi suffered a crushing defeat at the hands of alleged “populists” in Italy, German finance minister Wolfgang Schäuble ruled out debt relief for Greece ahead of a eurozone finance minister meeting.
Greek banks have proposed a series of measures to combat tax evasion, strengthen the electronic transactions and limit the use of cash in the economy, and as KeepTalkingGreece.com reports, one of the measures proposed is a special tax on cash withdrawals.
Bankers reportedly stress that cash money can easily and largely be channeled in the black economy. Therefore, a tax on cash withdrawals will drastically reduce cash transactions and by extension the black economy. Continue reading »
European border officials are being pulled out of Greek islands over concerns for their safety, following a spate of riots and violence by migrants.
Since March, migrants arriving on the Greek islands have been prevented from moving on to the mainland as the European Union (EU) hopes to return at least some of them to Turkey.
But due to growing frustrated at the delay, the migrants have taken to burning down their accommodation and rioting, the Daily Mail has reported.
As a result, Belgium has taken the decision to withdraw its staff from the islands, fearing for their safety. Continue reading »
– Trump and Clinton are both Rothschild puppets.
Nov 20, 2016
H/t reader squodgy:
What will happen to all those with their noses in the trough?
Will we ever be able to dismantle the Parkinson’s Law of bureaucracy?
Will we get our lives back?
Will we be able to make decisions again for ourselves, based on logic & reason?
No effing chance, they’ll just replace it all with Martial Law…..in our interests!!”
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(REUTERS) – Tensions were high on the Greek island of Chios on Friday after unknown individuals hurled rocks and petrol bombs at a makeshift camp for refugees and migrants, setting facilities on fire, police sources and aid organisations said.
Video footage showed people struggling to put out the flames with blankets. Women and children were evacuated and camped outside a tavern in an incident which erupted overnight Thursday.
It was the second night running of incidents at the facility, a makeshift camp run by the local municipality of the Aegean island. There were incidents on Wednesday when individuals let off fireworks from the camp and outsiders threw stones into the camp.
Greece: Muslim migrants ignite tents before loot shops. Smash cars. Steal fireworks for shooting at residents under “Allahu Akbar” in Chios. pic.twitter.com/ux25T4DGGO
— Onlinemagazin (@OnlineMagazin) November 18, 2016
“Both incidents together have destroyed the places to sleep for some 100 men women and children. Today there was a third incident where …. stones were thrown and one Syrian man was seriously injured to his head and had to be hospitalised,” said Roland Schoenbauer, spokesman for UNHCR Greece. Continue reading »
Following the inauguration of Golden Dawn offices in Xanthi overnight, an anti-fascist rally marched through the streets of the North-Eastern Greek town to protest the right-wing extremists. However, once the rally was over the situation rapidly got out of control as a 300-strong group wearing gas masks and helmets broke police cordons and police and rioters exchanged tear gas and molotov cocktails.
The situation got out of control and they started to hurl molotov cocktail bombs at the policemen. They answered with teargas.
The group moved through the streets of center of the town hurling fire bombs.
Eurobank ATM, damaged bank branch
They set garbage bins and chairs and tables of cafes on fire. Continue reading »
(AFP) – “I want to go back to Syria. There is war in my country, but we’ve been living for seven months in Greece like prisoners.”
Adan, from Aleppo, has abandoned his dream of building a new life in Europe, like thousands of other Syrians trapped in Greece.
He’s just arrived at the station in Didymoteicho, a village near the Greece-Turkey border, with his wife, three children and five other relatives, and is preparing to go through a police checkpoint before trying to get into Turkey, the start of a long journey home. Continue reading »
It is not a secret that under the bailout agreements, Greece’s self-employed are charged with higher taxes and social security contributions each and every year. As KeepTalkingGreece.com details, many, especially from northern Greece, have moved their business basis to neighboring Bulgaria for obvious reasons: 10% tax instead of 29%, low social security contributions, incentives. There is talk that 60,000 businesses have moved in the last seven years of austerity.
No wonder that self-employed and freelancers complain about taxation, contributions and cut pensions, no wonder they are furious about the social security contributions hikes that come with the new year.
THESSALONIKI, Greece (AP) — Greek police say migrants living in a camp outside the northern city of Thessaloniki have rioted after a woman and her son were struck and killed by a car.
The riot started Sunday night after an ambulance was late to arrive. Camp residents claimed that they asked police to take the 35-year-old Kurdish Syrian woman and her 10-year-old son to a hospital in a patrol car and they refused.
Migrants blocked the road outside the camp, threw rocks at the police and set fire to two patrol cars. Police responded with tear gas and stun grenades. Migrants also set fire to trash cans as a defense against tear gas. Calm has returned to the camp, which hosts about 1,300 migrants.