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PM Tsipras speaks of “most extreme conservative EU forces” with “detailed plan for Grexit” (full text)

Slightly touched and with the signs of a negotiations marathon, Prime Minister Alexis Tsipras described the agreement as “the best possible outcome” after 6 months of hard negotiations.

Speaking to reporters covering the Euro Summit in Brussels, Tsipras “photographed” German Finance Minister Wolfgang Schaeuble describing him as the most extreme conservative forces in the European Union and referred to the the latest events – like bank run, ELA freezing, bank holiday and capital controls that created an environment offinancial asphyxiation and brought the financial system” near to collapse as an organized plan designed to perfection and planned to the last detail.


Video: in …Greekembedded by Embedded Video

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Below Tsipras’ full statement in English via Prime Ministry’s website:

Prime Minister Alexis Tsipras’ statement following the conclusion of the Eurozone Summit

July 13, 2015 |

We have been fighting hard for six months now, and we fought until the end to achieve the best possible outcome, an agreement that will enable the country to get back on its feet, and for the Greek people to be able to continue to fight.

We faced tough decisions, tough dilemmas. We assumed responsibility for the decision in order to prevent the most extreme objectives from being implemented—those pushed for by the most extreme conservative forces in the European Union.

The agreement calls for tough measures. However, we prevented the transfer of public property abroad, we prevented the financial asphyxiation and the collapse of the financial system—this was planned to the last detail – having recently been designed to perfection, and in the process of being implemented.

Finally, in this tough battle, we managed to gain the restructuring of the debt and a financing process for the medium-term.

We were aware that it would not be an easy task, but we have created a very important legacy. An important legacy, and a much-needed change throughout Europe. Greece will continue to fight, and we will continue to fight, so that we can return to growth, regain our lost national sovereignty. We earned our popular sovereignty. We sent a message of democracy, a message of dignity throughout Europe and the world. This is the most important legacy.

Finally, I would like to thank all of my colleagues–ministers, colleagues and associates who gave, along with me, a very tough fight. A fight, which at the end of the day, will be vindicated.

Today’s decision will maintain Greece’s financial stability and provide recovery potential. However, as we knew beforehand, the agreement will be difficult to implement. The measures include those that Parliament has voted on. Measures that will inevitably create recessionary trends. However, I am hopeful that the growth package of 35 billion euro that we achieved, debt restructuring, as well as securing funding for the next three years will create market confidence, so that investors realize that fears of a Grexit are a thing of the past—thereby fueling investment, which will offset any recessionary trends.

I believe that a large majority of the Greek people will support the effort to return to growth; they acknowledge that we fought for a just cause, we fought until the end, we have been negotiating through the night, and no matter what the burdens will be, they will be allocated – we guarantee this – with social justice. And it will not be the case that those who have shouldered the burden during the last years will be stuck footing the bill once more. This time, those who avoided paying—many of whom were protected by the previous governments–will pay now, they, too, will shoulder the burden.

Finally, I want to make this commitment: Now, we need to fight just as hard as we fought to achieve the best outcome abroad-in Europe, to rid vested interests in the country. Greece needs radical reforms in favor of social forces, and against the oligarchy that have led to the country’s current state. And this commitment to this new effort begins tomorrow.

source: Prime Ministry Greece

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  1. In my view, and I speak as a non-Greek of course, this is catastrophe only slightly better than immediate economic collapse. The eurozone has been completely taken over by Germany and the extreme right (austerity-devastation economics) and Greece will be asset stripped to benefit private companies (German, maybe?).

    Tsipras had no choice but to surrender, but now Greece has to plan to quit the euro and also the European Union. I have been a passionate advocate of European integration since 1975, but am now abandoning the idea. Most of my fellow countrymen are too, and it is very likely that the UK will vote leave the EU — in part, because of the disgusting behaviour of the Germans. We did not fight world war 2 for the Germans to take over the continent by non-military means. This is the beginning of the end of the European Union.

    • Giaourti Giaourtaki

      Resistance will start with boycotting German run airports, what one doesn’t understand is why so many idiots vote fascists as the governments are already fascist; in Germoney’s case washing powder producer Henkel and his former now split party AfD will join in

  2. Giaourti Giaourtaki

    Democratizing reforms? Syriza should change the elections laws as planned and cut the bonus seats as fast as possible; most “Europeans” don’t know about it and will run amok.

  3. All I see is a lame attempt by Tsipras to spin the deal as his success.

    • Giaourti Giaourtaki

      It’s better to resign and all Greek politicians refuse to build any government until the end of time? I guess nobody would have thought Anarchy will start like this but the “Europeans” sheer heart-attacks reaction would be nice to watch.

  4. The whole deal is first of all to save the Greek banks and to decouple the banks from the Greek government.

    They are recapitilized, but to prevent that the new money moves to the Greek government (and the Greeks can’t be trusted, that is for sure), the banks are set aside. And to get the money back, they are privatized.

    This must avoid a financial collapse of the country, if the government defaults again or in possible future conflicts. The banks are safe.

    Also, the Greek government can’t be “black mailed” by the EU anymore with use of the banks, because they are safe.

    If in the future, it still comes to a Grexit, it will without the collapse of the banks.

    A collapsing banking sector is worse than a government in default. That is the lesson of crisis of 1928.

    • Oh really? I thought the lessons of the 30s was that it’s dangerous to humilate endlessly a country for no reason. And that it’s not a very good idea to have 50%+ unemployment amongst young people. My bad.

    • CoIIapsed banks happen aII the time the worId over. They are dealt with through resolution, nationalization – temporary or permanent – or cIosure. The best solution for a bankrupt country such as Greece is the creation of a PubIic bank whose deposits are taxes, and whose purpose is investment into the economy.
      MisappIied austerity brought about the nazis in your country and you think that’s a good outcome?

  5. I’m sorry to say this, but Tsipras has turned out to be the typical politician, all mouth and no balls. All we can hope for is that his attempt to save his political hide by selling his country and its people down the drain will not be passed in the Greek parliament…

    • keeptalkinggreece

      he had mandate by the people and backing of 3 opposition parties to reach a deal and not Grexit.

      • There is a big difference between “a deal” (which in normal langugae means give and take) and total capitulation. Did/does he have a mandate to sell the country down the swanee, lock stock and barrel? I didn’t think so. As soon as it became clear to him what the EU/ECB/IMF was up to, he should have called a referendum and sought to expand his mandate to include that Grexit if need be. By not doing so he has robed the people of Greece of the only way left to them to come out of thhis with their head high. The sad reality of this “no balls” show is a Greece which will be a vasal state of the EU powers for eternity, joining the others like Ireland, Spain, the Baltics, etc.
        He could at least have had the decency to allow the people of his country the freedom to buy in to this deal, or not. What he has now agreed to is ramming more austerity and disastrous social changes down your throats in a show of policial power and domination instead of as a remedy accepted by those destined to swallow it…

  6. Did he have a mandate to sell the country down the drain? Didn’t think so. Why did he not present the Greek people with another referendum to voice their acceptance or otherwise of this total capitulation? Could it possibly be that he feared another “Όχι”?
    Instead of a agreed medicine between doctor and patient, what he has done is allowed a show of brutal political force and domination to turn his country into a vasal state of the EU, with no chance of ever standing on its own feet again. Despite fancy words in fancy speeches glossing over this reality…

  7. Did this mandate include selling the country lock stock and barrel? Somehow, the “deal” is anything but better and the people here will find this out soon enough unless they stop it Now. From the Irish experience, where the then FinMin the late B. Lenihan also wanted to exit the Euro and isues “Punts” again, only to “get bounced into a deal”, here’s the result
    – 25% of those who have work do not earn a living wage
    – unemployment is dropping, but only because net emigration is higher that the alleged drop in unemployment and thus the cause of that drop.
    – new jobs are uncertain, insecure and often unpaid schemes to artificially manipulate the unemployment figures
    – since 2008, the number of children living in deep, consistent poverty has doubled to 12%
    – the restructuring of Irish debt is a hollow and false argument. All it did was transform what was cancelable debt in to sovereign debt, to be paid in full until 2053!

    The so called “recovery” after “the deal” is partial (the richer got richer), unequal and largely illusory.
    The Irish “deal” was not half as severe as the Greek “New deal”.

    All Tsipras did was protect that what was left to the “have’s” by throwing the have-nots to the sharks…