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10 May, 2015

Greece: Suspicions that the central bank undermines government!

globinfo freexchange

A report by the efsyn newspaper revealing subversive leaks by the Governor of the Bank of Greece, Yannis Stournaras, to particular media, caused strong turbulences in the political and banking system.

Specifically, the letter from the press office of Mr. Stournaras to a known journalist, entitled "The account of 100 days," attempts to present the image of an already bankrupt country before any discussion about a possible default.

For its part, the government underlined that if the report is correct it would be a blow against the independence of the Bank of Greece, and asked from the leadership of the Bank to deny the information.

Government sources said that, otherwise, the Bank of Greece should initiate accountability procedures in order to stop some people inside the Bank to undermine the government in such a critical time for the country. Thereby, they opened the debate for removing Yannis Stournaras.

The Bank of Greece already made an announcement through which denied such actions.

Source:


In a previous article, already mentioned by this blog that 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: http://failedevolution.blogspot.gr/2015/02/three-key-moves-new-greek-government.html

It is worth to notice that under "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".

It is also worth to notice that 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 to the Greek Ministry of Finance, participating in the negotiations for Greece's entry into the European Monetary Union, under Simitis administration.

Also, 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. (http://failedevolution.blogspot.gr/2014/03/breaking-motion-of-no-confidence-by.html)

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.. (http://failedevolution.blogspot.gr/2014/06/greece-heading-for-national-elections.html)

Everything shows that Stournaras is Berlin's and Draghi's man in Greece. He has been put in this key position at the right time in order to undermine any possible Leftist government in power (http://failedevolution.blogspot.gr/2015/03/tsipras-european-conservative-forces.html) which would choose to stand against any further catastrophic policies imposed by Greece's lenders, marking the beginning of the end for the cruel neoliberal experiment in the country.

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