IIF chief executive, Charles Dallara, met the Greek Prime Minister, Lucas Papademos, for the third time in three days on Saturday to continue discussing the deal. In an interview with Reuters on Friday, Mr Papademos said he was still confident. "We made significant progress over the last few weeks and in the last few days in particular," he said. "We are trying to conclude the discussions as quickly as possible. I am quite optimistic an agreement will be reached in the coming days." Sources close to the negotiations said that pressure from the "troika" of the International Monetary Fund, the European Central Bank and the European Union group of ministers was now the main reason a deal has not been signed. IN CONCLUSION : The EU elite, (but mostly Germany) are using the Euro crisis as an opportunity to create a United States of Europe through the back door in the guise of a new fiscal and political union. The countries that sign up to this will sign away the last remnants of their freedom, independence and sovereignty. Instead of shackling themselves deeper and deeper in the EU straitjacket those countries should have the courage to say no as it is only by being free of the dictates of their EU masters that Europe can resurrect itself. Greek sovereignty is now for sale...GREECE ALREADY HAS A GERMAN GOVERNOR : Horst Rauchenbach is the governor since oct. 2011....Note to reporters: Mr. Dallara and Mr.Lemierre will be leaving Athens tomorrow and will remain in close consultation with Greek and other authorities.
January 28, 2012 — Mr. Charles Dallara and Mr. Jean Lemierre, Steering Committee Co-Chairmen of the Private Creditor-Investor Committee for Greece, stated: “We continued discussions today with Greek Prime Minister Lucas Papademos and Deputy Prime Minister and Finance Minister Evangelos Venizelos over the elements of a voluntary debt exchange. Further progress was made, building on the understandings reached yesterday on the key legal and technical issues. We are close to the finalization of a voluntary PSI within the framework expressed publicly earlier this week by Luxembourg Prime Minister Jean-Claude Juncker in his capacity as Chairman of the Eurogroup. We expect to conclude next week as discussions on other issues move forward.”
4 comments:
for all the greeks ....Now it is just this world we like the best, the Germanic world, the world of Nordic life.
Heinrich Himmler
Read more: http://www.brainyquote.com/quotes/authors/h/heinrich_himmler.html#ixzz1knZn4zbT
As EU events unfold we need to ask the Questions
Have we arrived at the point of no retun?
Why have Europes politions been sleep walking into the post
Hitler trap?
Should we sit back and accept dominance of our lives together with the undemocractic manipulation which is all too evident?
You decide on your own answer to the above questions.
Be warned should you answer the above question with logic,the powers that be will call you a Eurosceptic,can you live with the
label that put you into the same box as e.g racist,anti European.
The €uro increasingly looks like a Trojan horse that will bring the whole rotten festering corrupt mess that is today´s EU crashing down.
BERLIN—German Chancellor Angela Merkel is so concerned that a shift to the left in France after the coming French election could derail the German-led austerity drive in Europe that she plans to join French President Nicolas Sarkozy on the campaign trail in the coming weeks to forcefully support his re-election.
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A picture taken on December 5, 2011 in Paris shows French President Nicolas Sarkozy (R) with German Chancellor Angela Merkel after a meeting at the Elysee palace.
.Hermann Groehe, the general secretary of Ms. Merkel's Christian Democratic Union party, on Saturday sharply criticized Mr. Sarkozy's challenger, the socialist Francois Hollande, and praised the alliance of Ms. Merkel and Mr. Sarkozy in Europe's efforts to resolve the euro-zone debt crisis. The CDU confirmed that Ms. Merkel will appear together with Mr. Sarkozy at several campaign events in France over the coming months to demonstrate the importance of their partnership
Mr. Sarkozy has grudgingly come to support Ms. Merkel's belt-tightening cure for Europe and has at least accepted Germany's rejection of massive economic stimulus plans and a hands-off policy toward the European Central Bank. Judging by Mr. Groehe's comments in Paris over the weekend, Ms. Merkel fears that this fragile consensus between Paris and Berlin could quickly evaporate if Mr. Hollande becomes the next French president. Mr. Groehe said Hollande was pulling "old ideas and leftist [fantasies] of redistributing wealth" out of the closet, rather than offer robust solutions for Europe.
"If you hear how the Socialist candidate speaks about the work of our governments in the euro-zone crisis then it becomes immediately clear that he would be a brake on further integration and the future of the European Union," said Mr. Groehe.
It is unusual for a foreign leader to intervene in the domestic electoral politics of another European country. But Ms. Merkel's CDU and Mr. Sarkozy's UMP have a long-standing relationship. And Sarkozy, say analysts, can be assured that French voters will likely not be angered by Ms. Merkel's meddling in French politics. Public opinion polls in France have shown Ms. Merkel to be more popular there than Mr. Sarkozy.
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