Odd! EP Schulz & German Industrialist Keitel Want Greece as “Special Economic Zone”

Posted by in Economy

That’s odd. In fact, I think that’s more than odd and it borders to suspicion. One week after the President of European Parliament Martin Schulz proposed to turn Greece into a special economic zone with EU officials sent to control the proper operation of the whole project, the President of Federation of German Industries proposes exactly the same thing.

President of Federation of German Industries (BDI), Hans-Peter Keitel wants to turn Greece into a huge “Special Economic Zone”. Speaking to German weekly Der Spiegel, Keitel said Greece should be declared to a ‘special economic zone’ where different economic measures apply than elsewhere in the euro zone. Of course, as Greeks can not do all these wonderful things by themselves, EU personnel should sent to Greece and help revamp the weak economy of the debt-ridden country.

SPIEGEL ONLINE: Do you see another solution for Greece?

Keitel: The whole debate over a [euro] withdrawal of Greece lead nowhere. As a businessman, I would not let my desolate subsidiary fall, but it should be renovated. This means that Greece should be a kind of special economic zone in the euro area , it will be equipped with the necessary and permissible financial aid, but also with EU staff. Greece would not give up any sovereignty, but it should give the EU-helpers  the opportunity to shape the reforms in the country on the ground. … In principle, we should pull over Greece something like an oxygen tent, so that the country recovers on long term. Greeks need time – not just months, but years.

SPIEGEL: Where will the helpers come from,  for example from Germany?

Keitel: Important is :It should definitely be people with expertise.

SPIEGEL ONLINE: Would you recommend now a German company to invest in Greece?

Keitel: Who should invest right now in Greece? The economic and political elite in Greece must do it again to provide confidence for investment. Today, I can not invest in a country that I do not know which currency is there tomorrow. Conversely, the state can poorly  privatize in this business environment. The economy finally needs clarity on the further course of events in Greece.

SPIEGEL: But are not the elites who put their money out of the country?

Keitel: Yes, and that has to change. No investors go to the country, when the locals come on the opposite track. (Full interview DER SPIEGEL in German)

“Presidents” among themselves

One proposal tabled by two Germans: a German EU-politician, President of European Parliament Martin Schulz (SPD) and a German Industrialist, the President of Federation of German Industries, Hans-Peter Keitel. Two presidents present the same presumption: Greece would be saved should it turned into a special economic zone. 

Special Economic Zones are designated areas in countries that possess special economic regulations that are different from other areas in the same country. Moreover, these regulations tend to contain measures that are conducive to foreign direct investment. Conducting business in a SEZ usually means that a company will receive tax incentives and the opportunity to pay lower tariffs.
And while China made a historic first by declaring a whole province as SEZ, Germany wants to enter the Guinness Book of Records and turn a whole country into SEZ for Europe, Euro zone, call it whatever you want.
Two presidents of the same nationality presenting the same proposal apparently for the shake of their own countrymen: high profits through tax incentives and low wages.
Guess who wants to take Greece under control…
Germany needs Economic Lebensraum

The two presidents are either too naive or too sneaky. But it is striking remarkable that they make the same proposal. Did Schulz promoted Keitel’s vision or vice versa?  And the whole idea came out independently just for purposes of misguiding the public?

It looks as if Germany needs economic Lebensraum. China is waking up, India is too far. A special economic zone with impoverished Greeks right next to its door could save billions of euros at least in transportation cost. Furthermore, the advantages of the common currency are immense. No exchange rates, no customs taxes, no nothing.
 It seems Germany’s expansion ideology has never died. Only now it is based in a post-modern wrapping, we call “economic zone”. It’s sold under the slogan “Saving Greece” and it’s sprinkled with some EU officials costumed as “expert-helpers”. Smoke for our eyes.

At the same time, question marks are flashing: they tell me, we should definitely keep an Argus eye and dig deep further, when we hear proposals by EU politicians: we should investigate what  interests they represent in the name of “United Europe”, “Saving the Euro”, “Save Greece”, “Competitiveness” and the usual EU-crap.

The masks have fallen – openly, flagrantly, blatantly and shamelessly.

Hans-Peter Keitel

Hans-Peter Keitel, an AAA-Lobbyist,  represents 100,000 German enterprises with 8 million employees. He was proposed by conservative CDU as Presidential candidate in May 2009 and June 2010.

Martin Schulz as politician from SPD represents… who? -except his own and the party’s industrialists voters? He definitely does not represent the interests of EU citizens.

Between 1992-2007 Keitel was also CEO of German construction Hochtief, that made a good budget of money with several important projects (Athens Airport, highway tolls) as commissioned to the Germans by the Greek government. 

In a testimonial HOCHTIEF thanks Greece for drawing “thoroughly positive balance-sheet.”

“HOCHTIEF has been active in Greece for many years and can draw up a thoroughly positive balance-sheet. Since the mid-1990s, we have been engaged in what is probably one of the most important PPP projects anywhere: Athens International Airport. HOCHTIEF was responsible for planning and construction and also heavily invested in the airport. At the time it was the largest-ever PPP venture in the aviation sector – and it has been operated jointly since its opening in 2001 by the state and private enterprise, with exceptional success. The many positive experiences, the judicial framework and our open and constructive cooperation with the state and its representatives have prompted us to expand our activities in Greece. On behalf of the Greek state we are currently planning, financing, building and operating the toll roads of Maliakos-Kleidi and Elefsina-Patras-Tsakona. This means that in Greece HOCHTIEF is now responsible for a total road length of around 600 kilometers. We wish to invest further, for instance in the social infrastructure in schools and correctional facilities, and are already bidding on a number of projects.”  May 2009 Dr. rer. pol. Peter Noé, Member of the Executive Board HOCHTIEF

So Keitel must know how projects are done in Greece 🙂