Skip to main content

A new message from the international bankers to Greece

Banksters demand "political stability"

by system failure

We have already passed to the last month of the summer and the Greek government is ready to "continue the job" taking new cruel measures, following the orders of the Troika lenders. It is almost certain that the European neoliberal economic empire has set a specific timetable to finish the experiment in Greece, therefore, current government will receive any possible assistance to end its term on time.

As we are getting closer to September, after the summer "relaxation", international bankers mobilized Moody's to give the first "gift" to the Greek government, upgrading Greece's government bond rating by two notches.

After the "success story" and "exit to the markets" fiasco, as the power of the government coalition parties has been reduced further after the euro elections, banksters worry even more for an abrupt experiment interruption in Greece due to the higher possibility of early national elections, so, they have launched another operation to support current neoliberal government which barely stands on its feet.

As expected, the "official channels" of the local banking-media dictatorship, reproduced the news with incredible speed. The mainstream media anxiety to present the Greek bonds upgrade as an issue of top importance, can be seen in the fact that in the most (if not in all) central news of the biggest TV channels this was the first theme, dressed - in many cases - with the "appropriate analysis" concerning the coming recovery which never comes. Argentina's default came as a gift from heaven for the Greek mainstream media since it was used as an indirect warning of what is going to happen to Greece in case of "political instability".

It's quite characteristic that these two themes, i.e., the "upgrade of Greece" and the "default of Argentina", were the first in the central news of the biggest TV channels, close to each other, so that the average viewer to get the "right message". The big crime of Israel in Gaza, which is still taking place, suddenly removed from the first place as a major issue.

What's most impressive, however, and funny somehow, is the fact that the famous markets with the banks and the rating agencies, clearly prove through their own actions that they act purely with political criteria, although they try to persuade for the opposite, by producing technical analyses through which supposedly "evaluate" national economies.

How else could we explain the fact that Moody's has chosen this moment of time to upgrade Greek bonds, when the condition of the Greek economy, according to the data, is much worse than 2010 when Greece was excluded from markets? When there is not even the slightest sign for the "coming recovery"?

Furthermore, how else could we explain the fact that according to Moody's "The key factor constraining the rating at the Caa level is the continuing high level of political uncertainty. Moody's stresses that there is a high probability of early parliamentary elections by Q1 2015 primarily stemming from the eroding coalition majority and constitutional rules related to the Presidential appointment due by February 2015." (http://www.macropolis.gr/?i=portal.en.economy.1415), which is purely a political statement-warning in favor of the preservation of the current political authority?

Related:

Comments

Popular posts from this blog

BRICS expands to majority of world population: Vietnam joins, USA fails to divide China & Vietnam

Geopolitical Economy Report   BRICS has expanded to 20 countries - 10 members and 10 partners - after adding Vietnam. BRICS+ now makes up 43.93% of world GDP (PPP) and 55.61% of the global population. Ben Norton explains how the US failed to divide China and Vietnam in the Second Cold War. 

The Best-Selling Apps Made By Israeli Spies

A new frontier for the BDS movement Nate Bear   The developers behind hundreds of Android and iPhone apps with billions of downloads are former Israeli spies whose apps are generating significant revenues for Israel’s genocidal war economy. The apps I’ve identified range from innocuous image and video editing apps to casual games, and most users won’t be aware they’re installing Israeli products on their phones. Many of these app developers operate under the radar, their ownership structures are opaque and the identity of their owners isn’t commonly known. The identification of these apps should add another frontier to the boycott, divest, sanctions movement, as it provides a straightforward way for ordinary people to avoid Israeli products that contribute to apartheid, genocide and ethnic cleansing. The proliferation of these apps on Apple’s App Store and the Google Play Store also raises questions over privacy and the harvesting of personal data, given the reputation of Israeli t...

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...

BRICS 2025 Summit in Brazil, Rio

2nacheki   Brazil hosts the 17th BRICS Summit in Rio de Janeiro on Monday, July 7, bringing together leaders from Brazil, Russia, India, China, South Africa, and other member states and partner nations. The summit focuses on global health, trade, AI and sustainable development. Held under Brazil’s presidency, the Summit highlights the bloc’s push for stronger Global South co-operation and influence in shaping international policy. BRICS was created in 2009 by Brazil, Russia, India, and China, with South Africa joining a year later. The bloc later expanded to include Egypt, the United Arab Emirates, Ethiopia, Indonesia, and Iran. 

Muslim Wins New York City Mayoral Primary & Zionists FREAK OUT!

The Jimmy Dore Show   A "scary" Muslim named Zohran Mamdani has won the Democratic mayoral primary, and Zionists are absolutely freaking out. In this clip Jimmy and Americans’ Comedian Kurt Metzger mock the over-the-top reactions from political figures and media personalities, particularly right-wing commentators, who equate Mamdani's Muslim identity and progressive views with anti-American and anti-Israel sentiment. They also explore how Mamdani's refusal to blindly support Israel during debates may have contributed to his popularity, contrasting it with exaggerated loyalty pledges from other candidates. Throughout, the hosts criticize the Democratic Socialists of America, highlight government hypocrisy, and deride fearmongering rhetoric around Muslims and leftist policies. 

Funcionario de Trump: el director de la CIA “toma dictado” del Mossad sobre Irán

Un funcionario de la administración Trump le cuenta a The Grayzone que el Mossad israelí está usando al director de la CIA, John Ratcliffe y al jefe del CENTCOM, general Michael Kurilla, para influenciar a Trump con inteligencia manipulada sobre el programa nuclear iraní. Dentro de la Casa Blanca, los disidentes han sido aislados, preparando el terrenno para una guerra de cambio de régimen que pudiera costar vidas estadounidenses.   Max Blumenthal and Anya Parampil  Parte 3 - Un alcalde de un pueblo en Texas se convierte a lo grande en un agente israelí   Sin experiencia en el ejército o en inteligencia, Ratcliffe pasó la primera parte de su carrera política como alcalde de Heath, un pequeño pueblo en las afueras de Dallas, gestión fue interrumpida por una breve temporada de un año como fiscal nacional entre 2007 y 2008. Ratcliffe entró en el congreso en 2014, y emergió dos años después como uno de los perros de presa más feroces de Trump en el Comité Judicial. El congres...

Atomic bombing of Japan was NOT necessary to end WWII. US gov't documents admit it

Geopolitical Economy Report   US government documents admit that the atomic bombing of Hiroshima and Nagasaki was not necessary to end WWII. Japan was on the verge of surrendering. The nuclear attack was the first strike in Washington's Cold War on the Soviet Union. Ben Norton reviews the historical record.  

British Hosts LOSE THEIR MINDS Over Pro-Palestinian Guest Condemning IDF

The Jimmy Dore Show  

Israel is responsible for one of the cruelest genocides in modern history

UN Palestinian Rights Committee   In her address to the Human Rights Council on 3 July 2025, Francesca Albanese, the UN Special Rapporteur on the situation of human rights in the Palestinian territories occupied since 1967, warned of a genocide unfolding in Gaza and the West Bank.    She described the situation as “apocalyptic,” stating that “Israel is responsible for one of the cruelest genocides in modern history.”    With over 200,000 Palestinians reported killed or injured and the real toll “far higher,” she accused Israel of dismantling humanitarian aid in Gaza, replacing it with a “so-called 'Gaza Humanitarian Foundation' [that] is nothing else than a death trap.”    She emphasized that this was not an isolated crisis but part of a decades-long “settler colonial project of erasure” that has intensified in recent months through military force, starvation, and mass displacement. Albanese condemned the deep complicity of corporate and state actors i...

Blow for Starmer; pro-Gaza MP quits party to launch new outfit with Jeremy Corbyn

Janta Ka Reporter   Former Labour MP Zarah Sultana has formally ended her association with the party headed by Keir Starmer to launch a new party with Jeremy Corbyn. As Rifat Jawaid explains, pollsters are already predicting huge upset in the upcoming elections as Corbyn causes setback to Starmer’s political arithmetic.