cc. Mikis Theodorakis, the great Greek
composer and freedom fighter, approaches
the situation in his homeland from his
own, internal position. The experience of
Greece in the Second World War and the
experience of military dictatorship have
sharpened the eye and let him differ between
EU propaganda and real causal relationships.
Until 2009, there was no serious economic
problem. The major wounds of our economy
were the enormous expenses related
to the purchase of war material and
the corruption. For both of these wounds,
foreigners are jointly responsible. Germans,
for instance, as well as French,
English and Americans, earned billions
of Euros from annual sales of war material,
to the detriment of our national wealth.
The German company Siemens, for instance,
maintained a special department
for buying off Greek stakeholders in order
to place its products in the Greek market.
It is obvious that these two big wounds
could have been avoided if the leaders of
the two pro-American parties in power
hadn’t been eroded by corrupt elements
who resorted to excessive loans in order
to cover the leakage of wealth (the product
of the Greek people’s labor) into the hands
of foreign countries, resulting in the public
debt reaching 300 billion Euros, i.e. 130%
of GDI (Gross Domestic Income).
Due to that confidence trick, the foreigners
I mentioned before made a double
profit: firstly from the sales of the weapons
and their products. Secondly, from
the interest on the money they lent to the
governments and not to the people. (…)
the interests on the one billion dollar loan
that Andreas Papandreou received in 1986
from a big European country reached 54
billion Euros and was eventually paid
back in … 2010!
2008
– the big financial crisis in Europe
In 2008 came the big financial crisis in Europe.
It was therefore only logical that the
Greek economy should be affected. However,
our living standards, high enough for
Greece to be ranked among the 30 richest
countries in the world, remained unaffected.
There was an increase, though, in
“In reality, every package deal which charges Greece with tens of billions of euros
is fully repaid, while we are burdened with new unbearable interest rates. And
since it is necessary to maintain the state, the hospitals and the schools, the Troika
is burdening the middle and lower economic strata of society with excessive
taxes, leading directly into starvation. A famine took place at the beginning of
the German occupation in 1941, with 300.000 people dead in a period of 6 months.
Since then, the ghost of hunger has now returned to our defamed and unfortunate
country.”
No 16 23 April 2012 Current Concerns Page 2
”For a reorientation …”
continued from page 1
public debt. But public debt doesn’t necessarily
lead to financial crisis. There are
big countries, like the U.S. and Germany,
with debts amounting to trillions of Euros.
The key is in economic growth and production.
In that case, one can borrow from
large Banks with an interest rate of up to
5%, until the crisis ends.
That was exactly our position in 2009,
when the government shift took place in
November and G. Papandreou took over
as prime minister.
Mr. Papandreou could have dealt with
the financial crisis (which as I have said
reflected the European one) by borrowing
from foreign Banks under the usual
interest rate of under 5%. If he had done
that, there wouldn’t have been the slightest
problem for our country. In fact, the
opposite would have occurred; because
we were on an economic growth path, our
standard of living would certainly have
risen.
However, Mr. Papandreou had already
begun his conspiracy against the Greek
people since the summer of 2009, when
he secretly met with Strauss-Kahn, with
the objective of driving Greece under the
domination of the IMF. The information
concerning this meeting was released by
the former President of the IMF himself.
For the situation to reach that end, the
country’s real financial status had to be
distorted, so that foreign Banks would become
nervous and raise the loan interest
rates to prohibitive figures.
What followed was the systematic campaign
by Mr. Papandreou and the Ministry
of Finance throughout Europe that lasted
5 months, during which they tried to
persuade the foreigners that Greece was
a Titanic about to sink. After each of their
declarations the interest rates increased, so
that it became impossible for us to borrow
any more, giving IMF and the European
Bank the appearance of being our salvation,
when in reality it was the beginning
of our death.
One single signature
In May 2010 a single Minister signed the
notorious Memorandum, our complete
subservience to our lenders. Greek law
stipulates, in such situations, that the
adoption of such an important agreement
must be decided by three fifths of
the Parliament. Therefore, in essence,
the Memorandum and the Troika that essentially
govern us today, operate illegally
not only under Greek but also under
European law.
Imagine that with this Memorandum
we concede to foreigners our National Independence
and our National Property.
That is, our harbours, airports, road networks,
electricity, water supply, subterranean
and underwater wealth, etc., etc. Add
to that our historical monuments, like the
Acropolis, Delphi, Olympia, Epidaurus
and such sites, since we have waived all
our legal defenses.

 Production has come to a standstill,
the unemployment rate has reached 18%,
80.000 shops have closed down, along
with thousands of small businesses and
hundreds of industries. In total, 432.000
enterprises have shut down. Tens of thousands
of young scientists are abandoning
the country, which is every day sinking
into medieval darkness. Thousands formerly
wealthy citizens are scavenging on
rubbish heaps and sleeping on the pavement.
In the meantime, we are supposed to
be surviving thanks to the magnanimity
of our lenders, the Europe of the Banks
and the IMF. In reality, every package
deal which charges Greece with tens of
billions of Euros is repaid in full, while
we are burdened with new unbearable interest
rates. And since it is necessary to
maintain the State, the Hospitals and the
Schools, the Troika is burdening the middle
and lower economic strata of society
with excessive taxes, leading directly
to starvation. A famine took place at the
beginning of the German occupation in
1941, with 300.000 people dead in a period
of 6 months. Since then, the ghost of
hunger is now returning to our defamed
and unfortunate country.