International Monetary Fund Managing Director Christine Lagarde said that she’s not satisfied with the progress Greece has made on structural reform.
“We’re not terribly positive about what has been done but we want to put together a program for the country,” Lagarde said in an interview with Bloomberg Television from Davos, Switzerland.
Go here to see the whole interview
PS No worries, Christine, Greek people are not satisfied either. However their motives are different from yours…
The Silent Anschluss: Germany Formally Requests That Greece Hand Over Its Fiscal Independence
“There are internal discussions within the Euro group and proposals, one of which comes from Germany, on how to constructively treat country aid programs that are continuously off track, whether this can simply be ignored or whether we say that’s enough,” the source said.’ So while the great distraction that is the Charles Dallara “negotiation” with Hedge Funds continues (as its outcome is irrelevant: a Greece default is assured at this point), the real development once again was behind the scenes where Germany was cleanly and clinically taking over Greece.”
http://www.zerohedge.com/news/silent-anschluss-germany-formally-requests-greece-hand-over-its-fiscal-independence
It is probably true that the Greek peoples motives are different to hers, but which ones are better for the country?
there are Greek wanting to keep the status quo that includes all negative features, there are Greeks that want some structural changes (trimming down the public sector) , thus many Greeks cannot deal anymore with the heavy taxes. Just increasing taxes and do nothing else is definietly not a solution. However nobody can claim IMF programmes are a panacea to all wounds.
“The plan involves explosive and would be a massive cut in the sovereignty of Athens. Germany insists that the EU should in future take over control of the Greek state budget.”
http://translate.google.com/translate?hl=en&sl=de&u=http://www.spiegel.de/politik/ausland/0,1518,811922,00.html&ei=11YjT56uM4qL0QH8o-D2CA&sa=X&oi=translate&ct=result&resnum=1&ved=0CDAQ7gEwAA&prev=/search%3Fq%3DGriechenland%2Bsoll%2BKontrolle%2B%25C3%25BCber%2BHaushalt%2Babgeben%26hl%3Den%26safe%3Doff%26prmd%3Dimvns
I am going to lose sleep tonight because “We’re not terribly positive about what has been done but we want to put together a program for the country,” Lagarde said. Oh wait was she talking about Greece or was this about France(whose credit rating was also lowered). I get mixed up sometimes when all these perfect people who of course forget they live in glass houses also come here and try to DICTATE to us what is the best for us. I had a mother and have a father I do not need anyone else telling me what is good for me. My humble opinion to all. :/
6.00am: GREEKS STUNNED AS TROIKA TAKES POWER
http://hat4uk.wordpress.com/2012/01/28/6-00am-greeks-stunned-as-troika-takes-power/
“Spearheaded by Berlin, the Troika engaged in overseeing Greek debt management effectively cut out the possibility of a disorderly default late yesterday. In a strongly-worded proposal circulated to EU finance ministers, a German proposal called for Greece to cede sovereignty while all Greek State income to go first to creditors – by law. This is, basically, the takeover of a sovereign EU member State in order to calm markets and protect exposed banks in the eurozone and elsewhere”
THE GERMANS ARE TAKING OVER YOUR COUNTRY!
yes, and thanks. there was this development last night, only that I wasn’t online.
GREEKS STUNNED AS TROIKA TAKES POWER————I don’t know why Greeks are so stunned that the EU (Legarde, is part of the EU regardless of her IMF credentials) want to take over their country & sovereignty, they were warned time again the aims of the EU, mainly Germany & France, AntonX dismissed the idea as ridiculous, that those who said as much were conspiracy theorists. Perhaps now is the time for the Greek people to call for the drachma to be re-introduced, yes they will find it hard going for a few years, but not as hard as it is now, and not as hard as losing your country, identity, culture & heritage, which without a shadow of a doubt will happen. Next Italy, Ireland and Portugal will get the same invitation. relinquish your country or no money. It’s just the start of raping nation states of their own identities, this is the beginning of the end game. If Greek politicans end up agreeing to hand the country over I hope the Greek people string them up one by one.
Greece’s progress eh? I wish I could find the blog article I read a few days ago, but alas I cannot. Basically, it was comparing Greeks to the dinosaurs how they just went out of existence and new species Humans came on board, and the article said (or assumed) that in 30 years there will be so many immigrants that like the dinosaurs, Greeks will slowly disappear and immigrants will be the new Greece. Finally, the article said maybe the new species (immigrants) will run Greece better than the dinosaurs.
Now, is that some crazy thinking?????
just google Greece, dinosaurs and you may find it again
Apologies – I did not read the comments before I posted mine above!
no problem – shall I delete the link?
keeptalkinggreece … ‘shall I delete the link?’
I’ll leave it up to you, ktg.
Ζήτω η Ελλάδα!
I have no problem with it, it’s up to you 🙂