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PM Tsipras’ speech on Eurogroup decision & Capital Controls

Below is the full statement by Greek Prime Minister Alexis Tsipras on Sunday evening, after the Greek Systemic Stability Council proposed to impose Capital controls and banks closure as of tomorrow, Monday, June 29th 2015, for at least 6 working days.

Prime Minister Alexis Tsipras’ statement on the latest developments

June 28, 2015

Yesterday’s Eurogroup decision to not approve the Greek government’s request for a few days’ extension of the program to give the Greek people a chance to decide by referendum on the institutions’ ultimatum constitutes an unprecedented challenge to European affairs, an action that seeks to bar the right of a sovereign people to exercise their democratic prerogative.

A high and sacred right: the expression of opinion.

The Eurogroup’s decision prompted the ECB to not increase liquidity to Greek banks, and forced the Bank of Greece to recommend that banks remain closed, as well as restrictive measures on withdrawals.

It is clear that the objective of the Eurogroup’s and ECB’s decisions is to attempt to blackmail the will of the Greek people and to hinder democratic processes, namely holding the referendum.

They will not succeed.

These decisions will only serve to bring about the very opposite result.

They will further strengthen the resolve of the Greek people to reject the unacceptable memorandum proposals and the institutions’ ultimatums.

One thing remains certain: the refusal of an extension of a few short days, and the attempt to cancel a purely democratic process is an insult and a great disgrace to Europe’s democratic traditions.

For this reason, I sent a short extension request again today–this time to the President of the European Council and to the 18 Heads of State of the Eurozone, as well as to the heads of the ECB, the European Commission and the European Parliament.

I am awaiting their immediate response to this fundamentally democratic request.

They are the only ones who immediately can–even tonight–reverse the Eurogroup’s decision and enable the ECB to restore liquidity to the banks.

What is needed in the coming days is composure and patience.

The bank deposits in the Greek banks are entirely secure.

This holds true for the payment of wages and pensions, as well.

We will deal with any difficulties with calmness and determination.

The more calmly we confront difficulties, the sooner we will overcome them and the milder their consequences will be.

Today, we have the chance to prove to ourselves–and indeed, to the world–that justice can prevail.

In these critical hours, as we face history together, we must remember that the only thing to fear is fear itself.

We will not allow it to overcome us.

We will succeed.

The dignity of the Greek people in the face of blackmail and injustice will send a message of hope and pride to all of Europe.

via Greek Prime Ministry

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  1. Giaourti Giaourtaki

    Theodoros Paraskevopoulos said the pensions were paid already and the wages will be

    • keeptalkinggreece

      not all have been paid. I know what I’ talking about

      • Those that were/will not were probably declared as illegal, illegitimate, odious and unsustainable…
        I feel sorry for the Greeks suffering now and hope everybody will be better off by next year!

        • Giaourti Giaourtaki

          “Unsustainable” is YOUR German economy terrorist language

          • Because terrorists always feel sorry for other people?
            World isnt black and white and people can disagree with you without having sinister intentions.

  2. Few days of empty stomach will clarify minds before referendum.

  3. Where are we heading? Let me remind here a fragment of an ancient vision: “And [the king of the north] will go back (to) his land with great wealth [1945. This detail indicated that Hitler will attack also the Soviet Union and will fight to the bitter end. In the beginning there were no signs of such the ending of this war]; and his heart (will be) against the holy covenant [hostility towards Christians]; and will act [it means activity in the international arena]; and turned back to his own land [1991-1993. The collapse of the Soviet Union and the Warsaw Pact. Russian troops returned to their country]. At the appointed time [he] will return back.” (Daniel 11:28, 29a, literal translation) The return of Russia in this context means crisis, which will eclipse the Great Depression. Not only the eurozone will break up, but also the European Union and NATO. Then many countries of the former Eastern block will return to Russia’s zone of influence. Russian troops will be stationed here again.

    All the details of this vision are being fulfilled from the time of ancient Persia, in chronological order.

    In 1882 British troops occupied Egypt. Great Britain then took the role of “the king of the south”. Around the same time, Russia expanded its influence in the region, which previously belonged to Seleucus I Nicator, and took the role of “the king of the north”. (Daniel 11:27)

  4. Just 10 days earlier Tsipras said he’s ready to take responsibility for rejecting the terms of a deal on aid if creditors demands are unacceptable. After making a U-turn in his position at the eleventh hour, abruptly breaking off the negotiations and hastily calling a referendum with a question that makes no sense for more than one reason he is shedding crocodile tears for the democratic rights of the Greek people. Of course, he must know well that it is not only the Eurozone finance ministers, but also all 18 governments and several EU parliaments that need to approve any extension of the current program (in addition to the ECB, EC and probably the IMF). “When I Say Jump, You Say How High”

    If the logistical challenges caused by Tsipras’s own erratic actions and his arrogant attitude were not enough to torpedo any chance of bailout program extension, he immediately started to campaign for a vote against the agreement, and peppered it with his usual rhetoric full of epithets. Of course, anyone could predict the following chain of events, and this is probably what Tsipras is counting on to regain his political power at the expense primarily of the Greek people.

    • Agree.
      Things are moving to next phase.
      Current program cannot be continued, you spelled out some reasons.
      Tsipras will have his referendum, unless he’s forced to abandon the idea by his own party.
      Then talks will start again. Tsipras will keep loosing negotiating power as people suffer, until he’ll agree to whatever EZ wants or people revolt and he is gone.
      Syriza credibility is diminishing quickly. All that talk of no capital controls and now Tsipras says that he “forced” Bank of Greece to recommend controls, all lies. And what does it say of BoG independence?
      In the end, those hated “northern Europeans” will help, just to avoid humanitarian disaster. But they will probably wait until
      Tsipras is gone, so they can work with competent government that actually can govern.

    • Bullshit, you don’t know how the technocrats work in Europe.
      So, please stop spreading your lies about Greece and the EU.

    • You are just too serious again. 🙂 They are only Russian agents:

      – His father Giorgos Varoufakis had fought on the communist side in the Greek Civil War and spent years imprisoned on the island of Makronisos and in exile. He however eventually turned from United Democratic Left (EDA) to the socialist PASOK,[5] and became chairman of Halyvourgiki, Greece’s biggest steel producer. Varoufakis’s mother abandoned her conservative background[5] and engaged with the PASOK-aligned Women’s Union of Greece promoting gender equality.

      – Tsipras. He joined the Communist Youth of Greece in the late 1980s….youngest son’s middle name is Ernesto, a tribute to Che Guevara.

      Why do you think Tsipras is traveling to Moscow so often?

      • Giaourti Giaourtaki

        So you want Varoufakis into a concentration camp to change to BASOK, Arbeit Macht Frei on an island

      • What is wrong with the Russians? they invaded Greece in the past?
        Who is all the time (200 years) in War? yes the US.
        So what is wrong with the Russians?

        • Giaourti Giaourtaki

          He is the trash-can baby of Merkel and Putin

        • With Russians? Nothing. With the trussian government? Alot.
          First of all they too are at war right now.
          But if I had too pick one thing its that they openly execute opposition members and critics.

        • – bipolar thinking – US vs. Russia in this case, is typical for people infected by Russian propaganda my friend.
          Back to your question. One does not need to invade country by tanks, he can for example destroy the country by agents.
          This is what (I am afraid) Putin is doing now with Greece. But Greece is just a piece on chessboard. The goal is to destabilize Europe.
          Poor Greeks do not see the game and support their HEROES (propaganda – heroism) in fight for motherland (paranoia) with Germany (bipolarity) and other imperialists (neomarxism).

          • Giaourti Giaourtaki

            How comes that you’ve quoted Hitler-Stalin-Pact and only hate the Russian side and not the German too? Some “Jewish conspiracy” or what?

          • I answered question: What is wrong with the Russians?

            Are you brainwashed so much, that when you say something not nice about Russia your bipolar brain must automatically add something about Germany? 🙂 🙂 🙂