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Varoufakis describes how Merkel sacrificed Greece to save the Franco-German banks

A short story of how an entire nation was sacrificed to save the banksters globinfo freexchange Former Greek Minister of Finance with Tsipras Administration, Yanis Varoufakis, gave another interesting interview on Greek TV recently, revealing further interesting details about the Greek situation and the European situation after the eruption of the 2007-08 major financial crisis, Brexit, refugee issue and the rise of Far Right in Europe. In a small part of the interview, Varoufakis told the short story of how the German chancellor, Angela Merkel, sacrificed an entire nation (Greece), in order to rescue the German and the French bankers. This explains also why the French president, François Hollande, was only pretending that he was on the side of Greece, while in reality he was hiding behind Merkel and did nothing to protect the country from the orchestrated destruction imposed by IMF, ECB and the European Commission. As he said: The reason for th

German prosecutors probe troops over links to secret anti-refugee army cell

The German authorities are investigating a group of servicemen who are allegedly linked to an undercover far-right Army cell that plotted crimes discrediting refugees in the country. Another German officer is suspected of having ties to a right-wing group in the German army allegedly plotting attacks aimed at discrediting refugees, local media reported on Friday. On April 26, a 28-year-old first lieutenant of the German army, referred in media as Franco A., was detained in the German town of Hammelburg on suspicion of preparing a crime allegedly aimed against refugees. According to media reports, the Bundeswehr had proof of the detainee's far-right views. According to Der Spiegel newspaper, another suspect, identified as Ralf G., who served in the German state of North Rhine-Westphalia, told fellow servicemen about a group of officers at a military base in Illkirch, France, where Franco A. was stationed, which collected weapons to fight on the "ri

Here is why Angela Merkel sacrificed Greece to save the Franco-German banking cartel

globinfo freexchange New evidence has been brought to light by the Corporate Europe Observatory about the unprecedented, beyond doubt, conflicts of interests inside the EU and the occupation of the European Institutions by the lobbyists. A new report proves that the ECB has been literally occupied by private financial institutions and actually impose ECB's destructive policies in the eurozone members. As described in the report, from 2008, the ECB started undertaking initiatives that went beyond its earlier remit, among them “ Participation in the Troika (along with the Commission and the International Monetary Fund) which saw the ECB co-responsible for severe austerity programmes in indebted Eurozone member states, as well as very forceful direct, political intervention in countries such as Ireland, Italy, and Greece. ” Recall that, early this year, the former Greek minister of finance, Yanis Varoufakis, revealed the way that the German Chancellor, A

Two cataclysmic events that may precede and even overshadow Brexit

by system failure The UK withdrawal process from the EU has officially started with the letter sent by the British PM, Theresa May, to the European Council president, Donald Tusk. It has been estimated already (rather reasonably), that the two-year period until the final completion of Brexit is quite a short time, which means that much more time will be needed for all the issues to be resolved between the two parts. As the developments in Europe and globally change rapidly, we can think at least two cataclysmic events that may occur before the final “divorce” between the UK and the EU, that may overshadow Brexit, and lead Europe to an even more uncertain path compared to the one that has already entered. Frexit The most immediate, big event, is the oncoming French presidential election, which will determine to a great extent the fate of the eurozone and perhaps the European Union. All the recent polls show a tight battle between Marine Le Pen and Emmanuel

The EFD ready to occupy Germany!

globinfo freexchange The latest German Finance Ministry report is the strongest evidence for what is about to follow. It proves what we support for some time, that the economic war concerns not only Greece and that it is basically a class war. Greece is simply a "compass" according to which, the executives of the EFD (European Financial Dictatorship) want to impose a certain "model" across the eurozone. From thelocal.de : An internal government report seen by Die Welt am Sonntag predicts that Germany will have to take on uncontrollable debt if it doesn’t start making huge budget cuts now. [...] The result will be levels of debt reaching 220 percent of Gross Domestic Product (GDP) by 2060 - well above the 60 percent limit for EU member states set out by the Maastricht Treaty in 1992 - experts from inside Wolfgang Schäuble's finance ministry have calculated. The report is likel

WikiLeaks: How "Merkozy" was pressing Berlusconi to follow the hellish Greek path

Fresh revelations by WikiLeaks include, among other things, intercepted by NSA communication of Berlusconi's personal advisor on international relations, Valentino Valentini, which describes concerns on the Italian financial crisis expressed by French President Sarkozy and German Chancellor Merkel to the Italian Prime Minister, and show that they pressured Berlusconi to take action. globinfo freexchange A 22 October [2011] meeting attended by German Chancellor Angela Merkel, French President Nicolas Sarkozy, and Italian Prime Minister (PM) Silvio Berlusconi was later described by the Italian's personal adviser on international relations, Valentino Valentini, as tense and very harsh toward the Rome government. Merkel and Sarkozy, evidently brooking no excuses with respect to Italy's current predicament, pressured the PM to announce strong, concrete palliatives and then to implement them in order to show that his government is serious about its debt proble

The German big capital already enjoys hyper-profits from its debt-colony Greece

globinfo freexchange Under the title "Greece becomes a source of revenue (for Germany)," the economic newspaper Handelsblatt presents the hyper-profits for the German company Fraport that come from the airports sold-off by the SYRIZA-Independent Greeks government coalition. The newspaper notes that profits surpassed even the most optimistic predictions of analysts as Fraport Greece offered the group 180 million euros. Only in April the regional airports offered 106 million euros. The sale of the airports is considered to be one of the most scandalous public property concessions worldwide, not only because of the deceptively low price, but also because of the colonial terms that the SYRIZA government has accepted. Recall that the details of the sale had been set out for the Greek side by a subsidiary of Lufthansa, which participates in the shareholder scheme of Fraport. The buyer therefore determined the details of the sale. Speaking at the Gre

Financial crises: a tool for the banking cartels to become more powerful

globinfo freexchange Ten years after the last financial meltdown, very few spotted and mentioned (even until today) an astonishing admission by the Financial Crisis Inquiry Commission (FCIC). In the conclusions on chapter 20 of the report, the Commission implies that trillions (with a T) of taxpayer dollars were mobilized to stabilize the system. Yet, perhaps the most astonishing conclusion that drawn very little attention, lies in the last sentence in which the Commission actually confirms that the financial sector is even more concentrated in the hands of very few powerful institutions: A series of actions, inactions, and misjudgments left the country with stark and painful alternatives—either risk the total collapse of our financial system or spend trillions of taxpayer dollars to stabilize the system and prevent catastrophic damage to the economy . In the process, the government rescued a number of fi- nancial institutions deemed “too big to fail”—so large and

Varoufakis: They want to transfer memorandum to Paris!

In his recent interview at The Press Project , former Greek Minister of Finance, Yanis Varoufakis, stated that the goal of the Troika (ECB, IMF, European Commission), is to transfer the memorandum (the catastrophic neoliberal policies imposed to Greece and others) to Paris! He also referred to the reasons of creating DiEM25, the new pan-European political party, explaining that the problems and the crises are pan-European. He also stated that Social-Democracy has been bankrupted in Europe and that the Left is still under a regime of collective and total defeat. He also said that the target of DiEM25 will be to transform EU - which was created as a cartel - into a space of common benefit and Democracy, because when the corporate capitalism will collapse, it is not certain whether it will be replaced by a humanistic society. Blog's comment: The memorandum will go even to Germany, because this is exactly the model that they want to impose. Therefore

French neo-colonialists return to Greece under 'ideal' conditions

globinfo freexchange Emmanuel Macron arrived yesterday in Greece accompanied with the elite of the French neo-colonialism, that is , " representatives of French companies like Suez, Total, EDF, Sanofi, Orpea, Bpifrance, Engie. " If you are still not convinced that Greece has become a debt colony inside a grotesque union of supposedly equal members, check the case of Suez, for example. As reported by the Guardian in 2015, " Germany has been criticised for pushing Greece to sell off its water utilities when many of Europe's largest cities, including Berlin, are buying back theirs ". Specifically: Under the terms of the bailout agreement approved by the Greek parliament, Greece has pledged to support an existing programme of privatisation, which includes large chunks of the water utilities of Greece’s two largest cities – Athens and Thessaloniki. France’s Suez and Veolia, the world’s two largest water companies, will

Corporate neo-colonialists of Europe are calling Greece not to be sold off to the Chinese!

... simply because they want it all for themselves globinfo freexchange France, Germany and Italy enthusiastically welcomed the proposal by the president of the European Commission, Jean-Claude Juncker, to limit China's ability to buy European businesses in strategic sectors such as infrastructure, high technology and energy, according to Reuters. Juncker proposes should be given the tools to European governments in order to block direct investments in Europe, especially if they are coming from governments or government-sponsored businesses. That is, the companies from Italy that took the Greek trains, from Germany that took telecommunications and airports, and France that have targeted the water supply networks for years, are calling Greece not to be sold off to other countries. Only to them. And as it is known, the Laissez-faire of the Europeans, as well as of the Americans, stops where the interests of the national bourgeoisie of each country begin.

Tsipras' continuous mistake and Schäuble's panic

by system failure Many adopt conspiracy theories according to which, the Greek PM Alexis Tsipras was acting with a specific plan to manipulate the Greek people and bring another catastrophic memorandum after the supposed negotiations with Greece's creditors. Nothing should be excluded in this life, but in this case, they are probably wrong. Tsipras was only "domesticated" slowly (or fast) by the system inside and outside Greece, and this has been proved by the fierce propaganda war by the systemic media against him and against nearly every member of the old SYRIZA, when they saw that the 'Leftist threat' had a good chance to take the power. What Tsipras finally achieved during the months of SYRIZA administration, was a third and cruel memorandum, which has been voted rapidly like the previous ones, despite the efforts of Zoi Konstantopoulou to delay it through her persistence on the foreseeable parliamentary procedures. However, the whole