Germany's chancellor has decided that Greece should hold a referendum on the euro together with next month's national elections! The news came from office of the Greek prime minister Panagiotis Pikrammenos who informed the leaders of the seven parliament parties on the content of the conversation between Merkel and Greek president Karolos Papoulias.
PM Pikrammenos contacted political leaders A. Samaras, Al. Tsipras, Ev Venizelos, Al. Papariga, N. Michaloliakos and F. Kouvelis and filled them in on the contents of the conversation held between the President and Chancellor Angela Merkel.
According to the statement of the prime minister's office, Mrs Merkel expressed her thoughts to the President about a referendum alongside with the Greek elections. The referendum would have to do with whether Greek citizens wish to stay in the eurozone...
Mr. Tsipras states that the vote of Greek people politically illegalized the Memorandum due to which Greece was led to being “the only European country in peacetime which in 2012 is now in its fifth consecutive year of deep recession”.
Read the full letter below:
European officials are developing an investment pack to encourage financial growth in EU countries, due to the fact that voters in Greece and France have punished the political leaders who have supported hard austerity measures!
Olli Rehn, the European Commissioner for Economic and Financial Affairs, asked for extra government investing on large-scale infrastructure developments, since there are not sufficient private-sector demands which could create new job positions.
Mr. Rehn stated clearly that he is willing to loosen the EU’s tough new budget rules for countries that have been forced to dramatically reduce public spending in order to meet Brussels-mandated deficit levels.
In his interview for the German newspaper «Sueddeutsche Zeitung» the American economist warns against the austerity policy implemented in many European countries:
"Democracies can withstand cuts without seeing light at the end of the tunnel, but there is always a red line... nowhere in the world can we find an example where salary, pension and social expenditure cuts resulted in the growth of a weak country!"
Extended wage and pension cuts, dramatic increases in taxes, elimination of tax exemptions and public servants' permanency are only a few of the new austerity measures that the Greek Political leaders have agreed to implement under Troika's pressure!
More specifically, young employees (under 25) will work for 350€ per month (32% reduction) while the minimum wage is decreased by 22%. Pensioners will suffer large cuts in their earnings while public servants will be decreased by 150000 until 2015 (15000 employees will loose their jobs until the end of this year)!
In addition, new taxes are going to make the daily lives of Greeks unbearable and will create even more poverty and hopelessness...
After a long meeting on Sunday which will be continued on Monday the office of the Prime Minister issued the following statement:
Prime Minister and the political leaders agreed on key issues which are, among others:
1) The measures in 2012 to reduce public spending by 1.5% of GDP.
2) Ensuring the sustainability of supplementary pension funds.
Greek Political leaders are battling for the position of the most irresponsible.
Papandreou asks for a referendum. Then he withdraws the referendum and asks for a vote of confidence for his government but in order to form a new government and retire from the Prime Minister's position (he is still there...).
Samaras (the president of the main opposition party) who is against the loan agreement, ask for elections. Then he seems that he is willing to cooperate for a government of unity but he asks again for elections even if he now states that he is going to comply the engagement of the 26 of October.
Karatzaferis the President of the Greek far right, anti-immigrant party LA.O.S (Popular Orthodox Rally) is ready to cooperate with everyone in order take part in the new government and the communist party (KKE) is against everyone and everything, with left party SYRIZA asking for elections without any specific proposals.
God bless them...
As reported on Tuesday, the Minister of Defense called the GEETHA leader Air Chief Marshal Yannis Yiangos, GES leader Lieutenant General Frangos Frangoulis and GEA leader Lieutenant Vasilis Klokozas and announced them that they are going to be replaced. According to information, the new leaders will be: