If one listens closely to politicians public statements and reads between the lines nuggets of truths appear and they line up neatly as more than accidents. When these are added with other sourced information that emerges larger plans crystalize. It appears to us that the plan is for the Germans to reoccupy the national Greek economy and it will start with the biggest bank in Greece.
Finance Minister Yiannis Stournaras appeared on the program “Files’ of Skai channel and the interview was not to be missed. During these times of crisis this level of publicity is useful and sometimes reveals “guilty secrets.”
In a moment of truth Stournaras said to the host “For you to understand how much work we have done, look at what our harshest critics say. A few weeks ago I had met with the German Finance Minister Wolfgang Schaeuble and he handed me a list of the things we had not done. Now the last time I saw him he said to me – but you have done everything!”
Next time this video is played at a communications company they will understand that Yiannis Stournaras made an unwitting gaff. What he unintentional said directly is that he did everything Shaeuble has told him to do following his orders to the letter.
It is clear that Yiannis Stournaras believes in Germany. Not just because he daughter lives in Austria but because he was a member of the core group of advisors to former Prime Minister Costas Simitis. It is crystal clear that Yiannis Stournaras serves the doctrine of “Europe at any cost” in contrast to the national centric choices necessary in the current circumstances.
No matter how we see it, it is very difficult for anyone to accept that it is a patriotic duty that the National Bank of Greece, the largest local financial institution, should be handed over to the Germans.
According to well-informed sources, a few days ago a Memorandum of Understanding was executed which said that Deutsche Bank will acquire a strategic stake in National Bank of Greece, after it is given the cheap deposit base of Hellenic Post Bank and possibly the Loan and Consignment Fund.
It seems to be the same game played out elsewhere too. They allow the local players to carry out the consolidation of the sector leading to concentration and then with little effort the large international players swoop in without having taken the trouble to pay for or absorb the smaller fish and buy the large ready offered “product.”
Just like in the history of WWII the fort of Roupel is again being surrendered to the Germans. But this time it has fallen from the inside. In essence the economy of the country is being surrendered as well as its flow of credit which is its blood flow and the prospects of the country with it. It’s a blow that will finish off the country,
The Germans from the key channel of the National Bank of Greece will control a great deal including industry, hotels, and residential real estate …. as well as oil in future. Recall just a few days ago Deutsche Bank issued a report that valued the oil and natural gas reserves south of Crete as worth and estimated Euro 427 billion. These people are insatiable and want to swallow it all up.
PS. 1. Now all the scenes of the movie are starting to play out. After they broke the pension funds with the PSI bond haircut, now they are finishing them off with the buyback so when in two months they have few funds they will take the shares the hold in companies and banks for close to nothing. The problem will be finding board of funds ready to sign off on the occupation of the country. You may answer that the country is full of those that will collaborate.
PS. 2. Since Finance Minister Stournaras has set transparency as one of his top priorities, can he give us an answer as to whether it is professionally and ethically appropriate that the company that represents the local privatization fund also represent a prospective buyer for a state owned enterprise? If we don’t get a clear answer soon we will be forced re-ask the question in a less polite way.
PS. 3. We would appreciate if the government headquarters of Maximou Mansion would come out and deny this editorial as well as its postscripts.
