Tag Archives: Memorandum No2

The elections’ aftermath and SYRIZA’s ghost

So the (first) elections are over, the situation is kind of normalized and we’re preparing for the next ones on June 17. Greece is a weird country when it comes to elections. Some years ago New Democracy had won an election but the talk-of-the-town was what was happening in PASOK’s leadership. Two weeks ago, New Democracy did it again. They’ve won the elections but everybody is talking about SYRIZA and its leader, sexy Alexis. So who are they? If you want to get informed, read this by BBC’s Paul Mason, whose reports on Greece are probably the most accurate accounts of foreign journalists on what’s happening here.

Well, Greeks did not become radical leftists within a night, as they haven’t been transformed to fascists either. What most Greeks were looking for in the past election was a way to express their opposition to the bailout measures and the Memoranda, an economic policy and seems more and more inefficient and unfeasible. Traditional right wing voters turned themselves to either the Independent Greeks party (centre-right voters) or the Golden Dawn party (far right party but mainly voted by traditional right wing people who are against immigrants). Though the Left had far more choices, the majority went to SYRIZA, a coalition of leftist fractions with a platform of uniting the Left (a rare motto in Greece and an perennial longing of all Greek leftists) to form a leftist government that will undo the Memorandum and cancel the loan agreements. Very appealing for a suffering Greek, isn’t it?

I personally think that these two goals are not feasible and Alexis Tsipras rather meant that he would try to renegotiate the loan agreements and the relevant measures that must be taken. Which is what he had actually caused with his 2nd position in the elections. Suddenly officials from the EU and politicians from several European countries are discussing the dead end of the current plan and are pointing out the need for a slight change or easing of the measures. There is simply no foreseeable solution and exit from the crisis with the current plan. And this fact is the only victory of Greece on a European level, not just since the last elections but during the past 2,5 years.

A cartoon of Angela Merkel and Alexis Tsirpas by German caricaturist Reiner Hachfeld.

You see, Greeks had seen the Papandreou and Papademos governments passing measures that were dictated by the EU, the ECB and the IMF without any attempt of negotiation. They’ve seen Papandreou going abroad and having new measures in his suitcase upon his return without any complaint. Samaras participated in this theatre not because he believed in the rationale of these measures but because he succumbed to another PASOK’s blackmail (either you’re on Greece side a step before bankruptcy or you’ll be responsible for its suicide) back in late 2011. So now there is a feeling that only SYRIZA and Tsipras can a) unite the Left in Greece to form its first leftist government and b) renegotiate the Memoranda. And Europe? Europe is scared of him. Europe is scared the shit out of him simply because they can’t control him and because he might mean what he says.

It’s true that SYRIZA has been a bit confusing as to what exactly they are going to do if they were to form a government. The party, an until recently small leftist party composed of different fractions that tolerated different opinions within the Left, has seen several of its members announcing contradicting promises. Its ennemies, PASOK and New Democracy basically, have used this to their favor. They started a huge campaign to discredit SYRIZA by reminding us on a daily basis of what would happen if SYRIZA comes to power. The EU has followed suit and here we are now, having daily predictions of a post-apocalyptic, Armageddon-style Greece if SYRIZA wins the elections. The whole joke, apart from a daily news item, has now gone viral, it has its own hashtag on Twitter (#ftaei_o_syriza) and is slowly entering the internet meme sphere.

I decided to create a special category of posts in this blog that would contain only these threats – I called it “The Daily Threat Show“. Come back and visit this page (or simply RSS it), I guarantee a lot of fun and also a glimpse of how Greek people’s brains are bombarded with such absurd prophecies and will then be called to vote as reasonable people. Ask any Greek in the street if he knows what will happen after June 17 and you will understand by the confusion in his answers.

But a confused Greek in the street is probably not an originality. Greeks have been confused since 2010 when they were suddenly called to have mature opinions on issues of high Economics. Europeans have always seen the Greeks as a confused people. They were asking themselves: so what do these Greeks want anyway? Why do they protest? Will they solve their problem by breaking one more bank? A foreign journalist (from a eurozone country) came last year to Athens and asked me: So, explain to me, why don’t you want our money?

Alexis Tsipras in a photoshoot by high school students’ magazine “Schooligans”

If Greeks are confused, Europeans are almost schizophrenic. The narrative they’ve adopted is “Greece is given money, they should shut up and do what we say”. They’ve no time to examine the measures asked from Greece to take. They are not in a position to know whether it’s a feasible plan. They are not here to see the misery caused together with the lack of hope for an exit from the crisis. And as they are confused too, they are also afraid of the uncertainty. Here’s a short story to illustrate this.

A foreign journalist came to Greece and we were discussing the situation. This is the dialogue we had.

Foreign journalist: Greece has falsified its statistics in order to enter the eurozone. I’m sorry to say this but Greece was corrupt, it has cheated and now it’s time to pay.
Me: Yes but people in Europe knew that Greece was cheating. And Greece was not the only country which altered its stats in order to achieve the eurozone criteria.
Foreign journalist: Who knew?
Me: A lot of people knew and certainly several EU officials.
Foreign journalist: Really? Who knew?
Me: Certainly the Germans knew about Greece and Italy. And part of the corruption was carried out with German money, through the scandals with Siemens and the German submarines.
Foreign journalist: Why the hell would Greece want a leader like Tsipras? He is going to get you out of the eurozone. His proposals are not realistic, are not feasible.
Me: I partly agree but you’re contradicting a bit now. I know, you know, the Greeks know that their previous governments, as you said, were corrupt. This crisis is happening because of them, of how they handled the situation for at least the past 10 years.
Foreign journalist: Right.
Me: So Greeks finally realize that these politicians are corrupt and they decided to take them down from power. That should please the EU, if it had a problem with their corrupt mentality.
Foreign journalist:…
Me: Tsipras is a young politician, inexperienced yes, but certainly not the like of the previous ones. So Greeks are choosing a new guy to govern them and the EU gets scared. You know why?
Foreign journalist: Why?
Me: Because they can’t, or don’t know yet if they can, control him. Because he is unknown. 
 

Alexis Tsipras is neither Ernesto Che Guevara nor a European Hugo Chavez. Tsipras is simply Greece’s only bargaining chip.

How a job interview in Greece looks like

Here’s a sketch from a comedy show series here in Greece. It satirizes the abolition of the most basic working rights due to the Memoranda No1 and No2. The minimum wage (now at around 400 euros for young people under 25 years old), the 8-hour day at work, the right to holiday (Article 24 of the UN Universal Declaration of Human Rights), the social insurance, etc. It is a comic glimpse of how the Greek labour market might look like under the latest measures even though, after a second thought, it’s not going to be that funny.

Der Stürmer greek-style

Anti-German emotions are rising after yesterdays extra demands on the Greek political parties’ commitmment to the Memorandum No2 measures and Schauble’s comments. Here’s (just) three example of today’s Greek newspapers.

Dimokratia (16/02/2012)

Headline: Gas chamber

Eleftheros Tipos (16/02/2012)

Headline: Schauble’s junta

Ta Nea (16/02/2012)

Headline: What the Germans want

Der Stürmer (literally, “The Stormer;” or more accurately, “The Attacker”) was a weekly tabloid-format Nazi newspaper published by Julius Streicher from 1923 to the end of World War II in 1945. It was a significant part of the Nazi propaganda machinery and was vehemently anti-Semitic. It often ran obscene and tasteless materials such as anti-Semitic caricatures and propaganda-like accusations of blood libel, pornography, anti-Catholic, anti-capitalist and anti-“reactionary” propaganda too.

The Greek financial crisis as an opportunity

While more and more people get unemployed every day in Greece, while another suicide of a desparate indebted man is joining the statistics, while democracy is being undone by tons of tear gas, some people see the financial crisis as an opportunity.

Rich Greeks who got their euros in Swiss banks and are now betting on the return to the drachma see it as an opportunity. Foreign companies who, after the voting of Memorandum No2, will be able to employ young Greeks for as low as 450 euros per month for a full time job see it as an opportunity. And some advertisers who exhausted their creativity into some happy footage from Greece, accompanied by Liverpool’s legendary anthem, saw the financial crisis (and the accompanied social misery not visible in the video) as an opportunity.  Here’s the result.

The campaign’s website by Johnnie Walker is here.

Up in the air

An interesting moment from yesterday’s session at the Greek Parliament. George Mavrikos, an MP with the Greek Communist Party (KKE), throws the draft Memorandum (No2) towards Greek Finance Minister Evangelos Venizelos after a heated debate.

George Mavrikos returns the draft Memorandum No2 to Evangelos Venizelos

Venizelos stood up and started shouted a prophecy. “The image of Mr. Mavrikos doing this act will be shown by the international media around the world. He is humiliating the country. He is exposing the country to risk. You won’t drive the country into a state of soviet-style socialism, twenty years later “.

Greek papers describe crucial weekend in panic

Greek newspapers today describe in their headlines the aftershock of yesterday’s resignations and the crucial weekend ahead of us. The general feeling that arises is that of panic. Here’s a quick translation of their headlines.

Ta Nea (11/02/2012)

Headline: Dangerous games on doorstep of the madhouse.

(Funnily, today’s gimmick is a copy of the book of Kama Sutra)

Ethnos (11/02/2012)

Headline: The dilemma is deal or collapse.

Dimokratia (11/02/2012)

Headline: Everything is dismantling.

Kathimerini (11/02/2012)

Headline: Papademos calls SOS amid storm.

Adesmeftos Tipos (11/02/2012)

Headline: Tsunami of resignations.

Eleftheros Tipos (11/02/2012)

Headline: A Papandreou “movement” against Papademos – Venizelos.

Vradini (11/02/2012)

Headline: Greece, zero hour.

Avriani (11/02/2012)

Headline: Revolt in the political parties.

Avgi (11/02/2012)

Headline: Memorandum’s system in decomposition.

This is Memorandum No2

These are the basic decisions that have been agreed in the so-called Memorandum No2.

TAXES AND SPENDING

• Greek leaders have agreed to spending cuts worth 1.5pc of gross domestic product (GDP) this year, or €3.3bn (£2.77bn). By Thursday morning, savings had been agreed to cover all but €300m of that amount.

• The cuts include €400m from public investment, €300m from the defence budget and €300m from pensions.

• In June, whichever government is in charge following expected elections will have to specify additional austerity measures worth €10bn for 2013-2015.

• Greece will be given an extra year, until the end of 2015, to meet a primary surplus target (excluding interest payments).

Bank recapitalisations

• Banks with major problems will be recapitalised with common voting shares while those with lesser problems will be recapitalised with bonds convertible into shares with restricted voting rights.

Labour reform

• The minimum wage will be cut by 22pc. However, this will not drag down the entire wage scale, applying only to new hires. New entrants into the labour market, i.e. those getting their first job, will receive a sub-minimum wage 30pc below the current minimum wage, which now stands at about €750 (this is around 590 euros after tax). Those under 25 will be affected the most.

• About 15,000 state workers will be placed in a “labour reserve”, meaning they will be placed on partial pay and dismissed after a year.

• The government aims to cut the state sector workforce by about 150,000 people by 2015.

Source: Reuters

Greek news portal Capital.gr has a link for the full draft text here. (some pages are missing – no explanation why).

UPDATE: Here’s a more complete version from Greek web news portal in.gr

A possible explanation for the missing page 20 (one of the missing pages from Capital.gr is a handwritten note saying “Goodbye debt, Goodmorning poverty”. It’s still unknown who’s notes these were.