Connect with us

Latest

Hellenic Insider

Greece

Tsipras’ impossible dilemna…please EU creditors, please his SYRIZA party, and please the Greek people

Greece’s Prime Minister Alexis Tsipras is faced with the ultimate dilemma: accept German-advocated austerity measures opposed by hardliners in his own party or take his country out of the euro.

Alex Christoforou

Published

on

0 Views

Post originally appeared on Bloomberg.

While Sunday’s referendum delivered a strong rebuke from Greek voters to the austerity demands, it also put pressure on Tsipras to strike a deal after many people cast their vote as a desire to stay in the euro on better terms. For some hardline members of his Coalition of the Radical Left or Syriza party, however, the vote was a firm sign of rejection of euro membership at all costs.

“Tsipras will probably face significant party unrest from the left bloc, which is already calling for him to insist on the path indicated in their view by the ‘no’ vote in the referendum,” Nomura analysts including Lefteris Farmakis and Nick Matthews wrote in a note to clients Wednesday.

The most clear salvo came Thursday from Energy Minister Panagiotis Lafazanis, the head of the so-called Left Platform which controls about 40 hardline leftist lawmakers in parliament, mostly former communists, many of whom advocate unilateral default, bank nationalization and euro exit.

“We don’t want a third memorandum with tough austerity measures,” Lafazanis said at a conference in Athens. “The Greek people’s ’no’ isn’t going to be turned into a humiliating ’yes’ and a new bailout crematorium.”

His remarks came a day after Tsipras applied for a three-year loan from the European Stability Mechanism, in a letter promising to implement tax and pension system reforms as soon as early next week.

The government has until Thursday midnight to present an economic plan that includes spending cuts, in exchange for the new bailout. Failure to deliver a credible proposal will set off a process for the country’s exit from the single currency as early as Sunday, its European partners have warned.

The German government is doubtful Tsipras is strong enough to turn against his own party and cooperate with the opposition, according to two German government officials familiar with Chancellor Angela Merkel’s strategy.

In its letter, requesting the three-year bailout, the government struck a more conciliatory tone than before. The document, signed by the Greek Finance Minister Euclid Tsakalotos, said the government planned to honor all its debts and introduce a comprehensive list of reforms. That’s a commitment not shared by everyone in the Syriza party.

“Tsipras still needs to overcome significant hurdles, both relating to the negotiation with Greece’s creditors as well as within his own party, before he can make the leap to agreeing to a mutually acceptable conditionality package to avert the country’s exit,” Nomura’s Farmakis and Matthews wrote.

A day before Tsakalotos sent the bailout request, Zoi Konstantopoulou, the speaker of the Greek Parliament, said that Greece’s debt is “illegal, odious and unsustainable.” This debt cannot be repaid “without further violation of fundamental social and economic rights,” the Syriza lawmaker said in a letter to European Parliament president Martin Schulz.

To avoid “disaster,” Tsipras would have to repudiate his past positions, Jacob Kirkegaard, a senior fellow at the Peterson Institute in Washington, said in a blog post.

“Tsipras is well positioned to pull off such a dramatic turnabout,” said Kirkegaard, citing his strengthened position domestically after winning the referendum with 61 percent backing his call to vote “no.” “He should be able to secure a cross-party mandate from the main opposition parties, clearing the way for parliamentary approval even if he were to lose large parts of his own party’s MPs.”

References:

http://www.bloomberg.com/news/articles/2015-07-09/tsipras-stuck-between-a-german-rock-and-a-greek-left-hard-place

Liked it? Take a second to support The Duran on Patreon!
Advertisement
6 Comments

6
Leave a Reply

avatar
6 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
0 Comment authors
state farm insurance phone number claimsxfwmrt5gzngfw5wtrjfgxe85mrwfqdxt5m8ct4ykwk7rdywx8t54w5ctxsdf2xncq3tbooowtfb57wwc5m4tntxcmwnv54ec8tnv5cev5jfdcnv5 Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
trackback

ccn2785xdnwdc5bwedsj4wsndb

[…]although websites we backlink to below are considerably not connected to ours, we feel they may be in fact worth a go by way of, so possess a look[…]

trackback

xcmwnv54ec8tnv5cev5jfdcnv5

[…]we came across a cool website that you may well love. Take a search in the event you want[…]

trackback

Title

[…]check below, are some absolutely unrelated websites to ours, however, they are most trustworthy sources that we use[…]

trackback

Title

[…]always a big fan of linking to bloggers that I adore but don’t get a good deal of link like from[…]

trackback

Title

[…]although sites we backlink to below are considerably not related to ours, we feel they’re truly really worth a go by way of, so have a look[…]

trackback

Title

[…]we came across a cool web site which you may take pleasure in. Take a look should you want[…]

Latest

World War I Homage – A Triumph of Lies and Platitudes

The unilateral, lawless imperialism that engendered World War I and 20 years later World War II is still alive and dangerously vigorous.

Published

on

Authored by Finian Cunningham via Strategic Culture:


World leaders gathered in Paris on Sunday under the Arc de Triomphe to mark the centennial anniversary ending World War I. In an absurd way, the Napoleon-era arc was a fitting venue – because the ceremony and the rhetoric from President Emmanuel Macron was a “triumph” of lies and platitudes.

Among the estimated 70 international leaders were US President Trump and Russian counterpart Vladimir Putin, each sitting on either side of Macron and his wife. German Chancellor Angela Merkel was also given pride of place beside the French president.

Macron’s address to the dignitaries was supposed to be a call for international multilateralism. He urged a “brotherhood” for the cause of world peace. He also made a pointed rebuke of “nationalism” as posing a danger to peace – a remark which seemed aimed at Donald Trump who recently boasted of his politics with that very word.

But, ironically, everything about the ceremony and Macron’s speech resonated with jingoistic French nationalism, not his avowed multinationalism. As the politicians sat under the Arc de Triomphe, Macron walked around its circular esplanade in a salute to assembled French military forces bearing assault rifles and bayonets. The French anthem – The Marseillaise – was played twice, once by an army brass band, the second time sung by an army choir. There was also a military plane flyover displaying the blue, red and white tricolor of the French national flag.

In his speech, Macron talked about soldiers coming from all over the world to “die for France” during the 1914-18 Great War. He even said at one point that the war was fought for “the vision of France” and its “universal values”.

This was fluent drivel, French-style. No wonder Russia’s Putin momentarily gave a look of boredom as Macron waxed lyrical.

The speechifying and commemoration was completely detached from current realities of conflict and international tensions.

Among the “brotherhood” whom Macron was appealing to were Israeli Prime Minister Benjamin Netanyahu whose military forces continue to bomb and slaughter Palestinian civilians in illegally occupied territory. Also present was Ukrainian President Petro Poroshenko whose armed militias continue to terrorize the people of eastern Ukraine with the blatant objective of instigating a war between the US-led NATO alliance and Russia.

Listening to Macron one would think that World War I erupted mysteriously from no specific cause and that an estimated 10 million soldiers were all killed in heroic battles for noble principles.

There was, of course, no mention by Macron of imperialist warmongering and the barbaric sacrifice of humans as slaves in the service of national capitalist power interests.

Grotesquely, as the world leaders donned solemn faces and mouthed pious platitudes for peace, the whole occasion was a triumph in burying reality and the ongoing causes of wars, as well as whitewashing the very culprits responsible for wars. Among the war criminals wearing a mournful black suit was former French President Nicolas Sarkozy who launched the NATO blitzkrieg on Libya in 2011.

While the empty, self-indulgent rhetoric was ringing out, one couldn’t help but recall some of the most glaring contemporary contradictions that were blocked out with awesome Orwellian efficiency.

Just this week, reports emerged of the horrific civilian death toll from the American air force bombing the Syrian city of Raqqa. The city was razed to the ground by US air strikes last year – supposedly to defeat the ISIS terror group. Some 8,000 bodies of civilians, mainly women and children, have now been recovered by Syrian government forces. And that’s only from clearing away a tiny area of rubble for the whole city.

What the Americans did in Raqqa was a monumental war crime, all the more criminal because US forces, along with their NATO partners Britain and France, are illegally present in and assaulting sovereign Syrian territory.

As Macron was telling world leaders about “the vision of France”, hundreds were being killed in Yemen in a battle to strangle the entire population by taking the port city of Hodeida. The genocidal war on that country – which is putting up to 16 million people at risk from starvation – has been fully backed by France, the US and Britain, from their supply of warplanes and bombs to the Saudi and Emirati aggressive forces.

We could mention other specific conflicts where the culprits are clearly identified. For example, the multi-million-dollar support from Washington for the Azov Battalion and other Neo-Nazi militias in Ukraine, which openly emulate the genocidal conduct of Hitler’s Third Reich to exterminate ethnic Russians.

We could mention how US-led NATO forces continue to expand towards Russian territory with outrageous provocation. The mounting earlier this month of the biggest-ever NATO war drills since the Cold War in the Arctic region adjacent to Russia’s northern border was a brazen threat of rehearsing invasion. The announced tearing up of yet another nuclear arms control treaty unilaterally by Washington is a reckless undermining of global security.

Washington threatens China with naval forces marauding near Beijing’s maritime territory in the South China Sea. Washington blockades Iran with illegal economic warfare and openly agitates for regime change. Washington declares Venezuela, Nicaragua and Cuba a “troika of tyranny” and reserves the right to threaten each of these countries with military invasion at any time.

Meanwhile, this weekend, Russia hosted peace talks in Moscow between the warring parties of Afghanistan. It was seen as a major breakthrough in trying to bring peace to the Central Asia country which has been wracked by 17 years of violence since US forces began their ongoing military occupation – allegedly to defeat terrorism.

Elsewhere, Russia has engaged with Turkey, Germany and France to convene a summit for peaceful reconstruction of Syria. The latest summit held in Ankara at the end of last month follows several other such meetings in Astana and Sochi, largely at the behest of Russian leader Vladimir Putin, to find a political settlement to the nearly eight-year war in Syria – a war that was fomented covertly by Washington and its allies for regime change.

France’s Macron talks about “multilateralism” for world peace, yet the two countries which have arguably supported and implemented multilateralism in practice are Russia and China in their calls and policies for global partnership and economic development.

And yet it is Russia and China that are being harassed with American and European sanctions, and US military provocations.

The unilateral, lawless imperialism that engendered World War I and 20 years later World War II is still alive and dangerously vigorous. We only have to look around the present world to realize that. But when the culprits indulge in a triumph of bullshit then we also know that the world is once again in very grave danger.

Liked it? Take a second to support The Duran on Patreon!
Continue Reading

Latest

Creepy Porn Lawyers’ disgusting assault on Tucker Carlson and his 19 year old daughter (Video)

The Duran Quick Take: Episode 14.

Alex Christoforou

Published

on

Days after ANTIFA targeted Fox News’ Tucker Carlson’s home, trying to intimidate and scare the TV host into curbing his free speech against totalitarian mob rule propagated by ANTIFA and their paymasters, it appears that the SJW establishment swamp is going after Tucker with everything they got…sending in the expendable, and always eager to get publicity, Creepy Porn Lawyer, Michael Avenatti, to try and ensnare Carlson in some sort of racist assault scandal.

The entire event appears to be a staged, purposefully hitting upon all the right identity politics buttons…so as to maximize full SJW pressure on Tucker and Fox News.

The Gateway Pundit reports that Tucker Carlson has denied Michael Avenatti’s charges of assault, and explains that his actions were prompted by an unhinged gay man calling his daughter a wh*re and a c**t…

Creepy porn star Michael Avenatti made headlines again this weekend with trumped up charges of assault against FOX News host Tucker Carlson.

On Saturday Avenatti released video of Tucker Carlson in an argument with a crowd of people at a country club in Virginia.

Avenatti claims Tucker assaulted a gay Latino immigrant for no reason.

Avenatti posted this video made the allegations on Saturday.

RT CrossTalk host Peter Lavelle and The Duran’s Alex Christoforou take a quick look at the SJW swamps’ latest attempt to smear Tucker Carlson, by going after his 19-year old daughter, in a disgusting display of misogyny and hate towards the very women that establishment liberal claims to defend.

Remember to Please Subscribe to The Duran’s YouTube Channel.

Follow The Duran Audio Podcast on Soundcloud.

Here’s Carlson’s full statement about the incident:

“On October 13, I had dinner with two of my children and some family friends at the Farmington Country Club in Charlottesville, Virginia. Toward the end of the meal, my 19-year-old daughter went to the bathroom with a friend. On their way back through the bar, a middle aged man stopped my daughter and asked if she was sitting with Tucker Carlson. My daughter had never seen the man before. She answered: ‘That’s my dad,’ and pointed to me. The man responded, ‘Are you Tucker’s whore?’ He then called her a ‘f—— c—.’

“My daughter returned to the table in tears. She soon left the table and the club. My son, who is also a student, went into the bar to confront the man. I followed. My son asked the man if he’d called his sister a ‘whore’ and a ‘cunt.’ The man admitted he had, and again become profane. My son threw a glass of red wine in the man’s face and told him to leave the bar, which he soon did.

“Immediately after the incident, I described these events to the management of the Farmington Country Club. The club spent more than three weeks investigating the incident. Last week, they revoked the man’s membership and threw him out of the club.

“I love my children. It took enormous self-control not to beat the man with a chair, which is what I wanted to do. I think any father can understand the overwhelming rage and shock that I felt seeing my teenage daughter attacked by a stranger. But I restrained myself. I did not assault this man, and neither did my son. That is a lie. Nor did I know the man was gay or Latino, not that it would have mattered. What happened on October 13 has nothing to do with identity politics. It was a grotesque violation of decency. I’ve never seen anything like it in my life.”

Liked it? Take a second to support The Duran on Patreon!
Continue Reading

Latest

Former Hillary Clinton Advisor: She’s Running Again in 2020

Clinton admitted that while she doesn’t want to run again — she would “like to be president.”

The Duran

Published

on

Via The Gateway Pundit…


Hillary Clinton’s former adviser Mark Penn is warning the public that we should brace ourselves for another run from the power hungry sore loser in 2020.

Penn co-wrote in a Sunday op-ed for the Wall Street Journal that she “won’t let a little thing like two stunning defeats stand in the way of her claim to the White House.”

“True to her name, Mrs. Clinton will fight this out until the last dog dies,” the op-ed that Penn authored with Andrew Stein claims. “She won’t let a little thing like two stunning defeats stand in the way of her claim to the White House.”

Like a cockroach that just won’t die, or the final boss in a video game that keeps obnoxiously coming back after each defeat — Clinton just won’t go away.

Penn said that by “reinventing herself as a liberal firebrand, Mrs. Clinton will easily capture the 2020 nomination.”

“You can expect her to run for president once again,” he said. “Maybe not at first, when the legions of Senate Democrats make their announcements, but definitely by the time the primaries are in full swing.”

Last month, Clinton admitted that while she doesn’t want to run again — she would “like to be president.”

Even some of her closest allies want her to give it a rest though.

“She’s more likely to win Powerball,” Philippe Reines, Clinton’s longtime adviser, told The Hill.

While nobody really wants to hear that woman’s voice ever again — at least the right can recycle all their best memes from 2016.

Liked it? Take a second to support The Duran on Patreon!
Continue Reading

JOIN OUR YOUTUBE CHANNEL

Your donations make all the difference. Together we can expose fake news lies and deliver truth.

Amount to donate in USD$:

5 100

Validating payment information...
Waiting for PayPal...
Validating payment information...
Waiting for PayPal...
Advertisement

Advertisement

Quick Donate

The Duran
EURO
DONATE
Donate a quick 10 spot!
Advertisement
Advertisement

Advertisement

The Duran Newsletter

Trending