Tag Archives: troika

Pacta sunt servanda

*The agreements must be kept.
Cicero

Breach-of-employment-agreements

So we reached December, almost 6 months into Samaras’ administration. What was his main pre-election promise? Renegotiation. A sweet word which the majority of the people haven’t yet tasted. The recent Eurogroup meeting finished with a lot of criticism on whether this government, like the previous, actually negotiated anything. Yet, no one is complaining because most of the people struggle for the daily life, our daily bread. We’re thankful it’s not worse, says a Greek expression.

Beyond the scandals, one of the main reasons for the depreciation of Greek politicians is their unfulfilled promises. The thousands “I will” of old school politicians that have been quickly forgotten. When I look back the examples are countless. In 2009, Papandreou ran for election with a program for growth while New Democracy (and the Bank of Greece as it was later revealed) was saying that we were running low on cash. “There is money” was Papandreou motto, but we ended up finding out that we were hugely indebted and called the IMF. Before him, Karamanlis (2004-2009) declared the re-organisation and reconstitution of  the State. He wanted to end years of PASOK’s dominance by changing the mentality of the public sector. Instead he filled the public sector with New Democracy voters in an attempt to balance the demographics in Ministries and state enterprises. We now know that this project was financed with loans. Before him, Simitis (1996-2004) main promise was the entry into the eurozone and, as a result, an unprecedented wave of growth. The “creative accounting” as it was called got us into the european currency, the Stock Exchange collapses in a scandalous way and, as we keep finding out until these days, millions of euros went into “personal commissions” for weapons, public tenders won by Siemens, etc. The growth that we saw was just the gift wrap of the same old shit.

For the past 20 years we are living in a fake democracy where we vote for something that is really different with what we end up in our hands. It’s like getting a ticket to Mykonos but the boat strands on some dry rock island in the middle of nowhere. Yet, we disembark without complaint.

In a conversation I had recently with a friend, we were saying that the elections is some kind of contract. One side proposes to do something and the other authorises it to do it, an agreement legitimised by votes instead of signatures. However, no one is accountable for failing to fulfil the contract’s obligations. No one is punished for this systematic fraud, where it is intentional or unintentional. We don’t investigate that either. We just end up with a collective sense of injustice and anger, treating the elections more like a small circus rather than the celebration of democracy as we used to call it. We just get the next luxurious and super-fast boat that will end up at another rock island.

The other day I was surfing on the Internet and I somehow stranded on the personal website of Adonis Georgiades, a former far-right politician turned mainstream after joining New Democracy, less than a year ago. He had a banner at the top of the page which was saying “Pacta sunt servanda”. With this profound latin quote he was trying to calm the few who were actually anxious on whether Europe will keep its promise to give us the next instalment. The “153 brave ones”, as Georgiades likes to call them, of the Greek Parliament have voted the measures the troika asked, so now Europe was expected to do its bit. How would Georgiades feel if the other side of the contract simply breached the agreement? Which is something that they will do because there will be more measures in the future, despite the government’s statement that these will be the last. The announcement of new measures, is an old measure by itself. An old trick.

Hence, my dear Greek politicians of the current and future governments, the unilateral breaching of a contract means the de facto cancellation of the agreement. Therefore, when a government is elected by promising to renegotiate a situation in order to improve it and ends up by voting worse austerity measures than the ones of their predecessors, its moral legitimisation expires.

Greece 2012

The things that are happening are starting to be too many. They can overwhelm you. We are living in a kind of post-apocalyptic situation where everything is collapsing. Incomes, values, morality… A society that is suffocating. Here’s how I saw Greece today, 12 October 2012, through some headlines.

Graffiti by Sidron – NDA Crew, photo by Kostas Kallergis

Unemployment has reached 25,1% (official stats for July 2012). Among young people the number is 54,2%. Yes, 1 out of 2 young Greeks is looking for a job. Needless to say that among those who are working, there is a percentage who doesn’t get paid. Employers owe more and more salaries to their employees because of cash shortages. But these are just percentages, misery turned to statistics. You only need to sit down and think that, practically, around 1.000 Greeks are losing their job every day. One thousand people. Every day.

The government is about to announce another round of harsh austerity measures. Lots of cuts and more taxes. How much more can you tax a country? How are they going to pay? Where on earth did economic growth come thanks to more and more taxes? The country gave what it had to give, now it’s time for the officials to see that their predictions for more state revenues through taxes are superficial. Some days ago, one of the biggest dairy firms in Greece (FAGE) announced that it is moving part of its operations, for accounting purposes of course, to Luxembourg. Some days later another one among the biggest Greek companies (Coca-Cola) made a similar announcement sending shockwaves to the markets.

On another weird story, the Minister of Maritime Affairs spoke to an audience at the Maritime Club of Piraeus. He told people there that the troika had this idea. To evacuate all the islands which are inhabited by less than 150 people in order to cut down on public expenses (coz they still need schools, doctors, local administration and subsidised transport connection to the mainland). Of course, it was not an official request from the troika but probably a lower level official making a joke. But the Minister, like any random amateur, said this in public. And the Minister of Finance, who in theory carries out the day-to-day negotiations with the troika, suddenly became something like a troika spokesman, denying here and there that such a request was made. And these people are serious. Our Ministers. Seriously!

This is the situation in which we live for the past two and a half months. Since August the government is spending all its energy carrying out some hidden negotiations with the troika, deciding how they are going to cut 11,5 billion euros from the state budget. One day the Greek government says “this is how we’ll do it” and the other day the troika says “you can’t raise so much money out of it-just fire 10.000 public sector employees’. Government officials, and the Finance Minister Mr Stournaras himself, have informed a number of EU, ECB and IMF officials about what the measures are going to be. But the Greek public… noooo… of course we are not mature enough yet to know. We will be the last ones to find out how much we will be called to pay, how much more tax we should give. Which other nation has been so patient to await for 2,5 months to see how its government, its supposed guardian of its interests, is going to kick  our ass?

And on the top of that, a bunch of Golden Dawn far-rightists, accompanied by two of their MPs and a mob of Christian fanatics, have attempted to block the premiere of a theatrical play. A journalist reported that he got beaten by them-here’s his story made by uniting some of his tweets after his ordeal:

“At the entrance of the theatre, there were Golden Dawn and priests tearing down the show posters and stepping on them.  I took out my mobile to take pictures for the blog. 5 Golden Dawners and a cop surrounded me. They ask ‘Are you a journalist?’ I say “I write for lifo”, hoping to escape a beating. Quite the opposite. They pull me aside, call me ‘faggot’ and ‘queer’, pull my beard, spit in my face, hit me in the stomach.  Cops nearby. I shout “They’re beating me, do something?” Reply : I’ve nothing, move along please. The cop’s wearing 3 stars. They put a lit cigarette in my pocket. A woman standing near warns me, in front of the cop. He pretends he hasn’t heard.  I start to get scared, move away from the entrance. They shout after me ‘Go away, you dirty faggot, go suck someone’s cock!’ I turn back to observe. A known Golden Dawn MP follows me, punches me twice in the face, knocks me down. Downed, I lose my glasses. The Golden Dawn MP kicks me. The police are exactly 2 steps away. Their backs are turned. Repeatedly, I shout to the cop “THEY”RE PUNCHING ME, DO SOMETHING!” Back still turned, he walks away. The rest of them shouting at me next to the police officer “Cry, you pussy, queen, little girl” We pass dozens of cops hanging out. I tell them I was beaten at theatre entrance. They ignore me. One blows me a sarcastic kiss.”

The police detained some Christian fanatics during the events. A bit later, one of their MPs, Christos Pappas, approaches a riot police bus and easily drags one of the detainees there. He set him free seconds later, with the policemen staring at him in awe, as if it was the Police Chief. Look for yourself how easy it was (most of the anti-fascist protesters who were arrested last week and were allegedly tortured inside the Police HQ in Athens are probably jealous of how easy it was for Mr Pappas to do this). Christos Pappas is with the blue suit and the tie.

Yes, my friend, this CAN happen in Greece today, as we become a less democratic state, every second day.

Rebel police?

I just read this announcement by the National Union of Employees in the Police. It’s soooo strange to read something like this. I think the policemen have started to think of the “next day”. It seems that less and less people believe in the course Greece has taken and more and more people are trying to find a place for themselves in the next status quo. It remains to see this change of stance in tomorrow demonstration as well on Sunday’s evening gathering at Syntagma.
The letter is addressed to the representatives of the European Commission, the International Monetary Fund and the European Central Bank.
The interests of creditors of usurious loans and capitalists who covet our national wealth, can not in any rule of law be put in priority over the basic needs of people. Moreover, the priority of survival of a nation’s citizens, has been legitimized as a priority not only in domestic policy but also in the international community. Moreover, we, nor the majority of the people, are not those who caused this crisis.Because, however, we find once again that you continue the same destructive policies for all of us, we would like to state categorically that under no circumstances we will accept being put to be killed with our brothers.

Be warned as legitimate representatives of the Greek police that we will require to be issued directly to statutory orders to arrest you for a host of violations of the legislation, the act of committing a hearing in accordance with specific provisions of the Greek penal law, such as extortion, the covert promoting elimination or reduction of our democratic polity and national sovereignty, the interference of other essential legal goods of the Greek people, etc.

The full letter (in Greek) can be found at the union’s website here.

A porn star’s political party and random thoughts of today

While the fate of my country is decided by unknown people on the other side of the planet and Twitter is like a sewer of rumours on how the PSI negotiations are going, here’s some random thoughts and news in brief.

The Public Power Company (DEI or PPC) has sent out the first 30.000 notices to electricity consumers who haven’t paid the bill which included the special property tax. This was a tax based on the square meters of each consumer’s home and was charged in the electricity bill so that everyone had to pay this. I know several people who had no money to buy petrol for heating and were warming themselves with the use of electrical appliances or, simply, firewood.

Nikos Fotopoulos greeting his comrades from the prosecutor's office window (older incident)

The chairman of PPC’s trade union, Nikos Fotopoulos, has called the PPC employees to disobey the order of cutting electricity supply to homes of unemployed and poor citizens. God knows how this can be done in practice. According to Ethnos newspaper, the notices have not been handed yet to the private companies which will carry out the work of cutting the supply.

According to the latest statistics (from the Ministry of Citizen Protection) the number of suicides between January-November 2011 reached 598 people. Last Friday, an 80 years old man set himself on fire outside the parking lot of the Greek Telecom office in Lefkada island.

Along with the best of the Greek youth that is steadily emigrating abroad in search of a job (preferably with a decent pay), Julia Alexandratou, the nation’s most famous porn star, has decided to move to Los Angeles and try her chances with the planet’s top porn industry. She also announced her intention to create a new political party. “You never know, people might vote for me just to state their reaction to the current situation” said the blonde porn celebrity. If she indeed gets any votes at all, I’ll feel that I belong in the most desperate country in the world. Greek blogger Pitsirikos expressed his disappointment that Greece cannot sustain financially not only its youth but also its best paid porn star. He also added that Julia has put things in the right order. She’ll go to try her chances in the American porn industry and, if things don’t go well, she’ll return to found a political party.

Finally, here’s how the paranoia of Greek politics and economy look like to foreign observers of things here. This is a short post from ZeroHedge based on an article from the German broadsheet newspaper Die Zeit.

As Greek standards of living nose-dive, loans to households and businesses shrink still further, and Troika-imposed PSI discussions continue, there is one segment of the country’s infrastructure that is holding up well. In a story on Zeit Online, the details of the multi-billion Euro new arms contracts are exposed as the European reach-around would be complete with IMF (US) and Europe-provided Greek bailout cash doing a full-circle into American Apache helicopters, French frigates, and German U-Boats. As the unnamed source in the article notes: “If Greece gets paid in March the next tranche of funding (€ 80 billion is expected), there is a real opportunity to conclude new arms contracts.”

Greece intends to buy tens of these EuroFighters

With the country’s doctors only treating emergencies, bus drivers on strike, and a dire lack of school textbooks and the country teetering on the brink of Drachmatization, perhaps our previous concerns over military coups was not so far-fetched as after the Portuguese (another obviously stressed nation), the Greeks are the largest buyers of German war weapons.  It seems debt crisis talks perhaps had more quid pro quo than many expected as Euro Fighter commitments were also discussed and Greek foreign minister Droutsas points out: “Whether we like it or not, Greece is obliged to have a strong military”.

Speaking of coups (again), here’s a short story that happened to me yesterday. I was outside a public health building and an old man approached me. He didn’t look very well. “Can I tell you something very serious?” he said. “On 21st of January, 4pm, there will be a military coup d’ etat. The tanks will get out in the streets and a curfew will be imposed. Prepare yourself, buy goods from the super market and, for god’s sake, don’t get out from your house!”. I asked his source and he replied very seriously “I was told so by my uncle who was an adjutant of Dertilis”, one of the most prominent members of the 1967-1974 military dictatorship who is still serving his life sentence. This is not to be taken seriously of course (I was in no position of checking the credibility of his claims), it’s just a note on how some people are losing it.

Jesus Christ! Here comes the troika!

Jesus Christ! Here comes the troika!

Made by street artist Absent.

The run-up to the Greek economic crisis (Part 3)

This is the 3rd part of Greek journalist Pavlos Papadopoulos’ article on the run-up to the current Greek economic crisis, published by “To Vima” newspaper (16/10/2011). The first part of the article is here and the second part is here.

“The Prime Minister regretted for not insisting to have the Memorandum voted by 180 MPs” says a Minister. This was a proposal that came from Mr. Venizelos and Mr. Pampoukis but the rest of the Cabinet members disagreed. Papandreou regretted for not adopting that proposal because, if he had done it and New Democracy wouldn’t vote for it, he could call for an early election. According to converging sources, Papandreou thought that the Memorandum couldn’t be implemented by a one-party government. This is not what he expected when he was counting on an “international solution” (see Part 2 for an explanation of the international solution).

The extraordinary political and social circumstances tested his psychological strength, his close associates were well aware of that. He was feeling trapped in power. In many occasions the men of his security team tried to prevent him from appearing in public which was something he could never think of. He gave considerable thought to the idea of calling an early election at the same time with the local elections in November 2010 but he hesitated once more due to the tight time constraints for the disbursement of the bailout installments.

On the morning of 15 June, the day the Medium-Term Program (the so-called Memorandum No2) was brought to the Greek Parliament, while the prime ministerial car was heading to the Maximou Mansion, some gathered citizens welcomed him with a rain of eggs (see video above). For Papandreou, that experience was decisive. He was personally hurt. He reckoned that the attack was an indisputable sign of destabilization, given the fact that at the same time in Syntagma riots were reaching a climax. When he arrived in his office he called Antonis Samaras. “The country is being dissolved. We must form a government of cooperation” he suggested. “The PM should be a third person” was the answer of New Democracy’s leader. “I have no problem” replied Papandreou with an emotionally charged voice and added “I will not become an obstacle to my country’s salvation”. For New Democracy it was a sudden “cold shower”. They didn’t want this development and they were not ready to govern. They leaked the information in order to provoke the expected reactions which would cancel the deal.

The Prime Minister’s associates called Nikos Papandreou who rushed to the Maximou Mansion and discussed with his brother. They were just the two of them for quite some time. Nobody knows what was discussed. People who know them insist that they are totally aligned politically and they always act after mutual consultation. According to some sources, the Andreas Papandreou’s second son also called Antonis Samaras, whom he knows personally through the friendship of the New Democracy leader with the Prime Minister. “If you form a government of cooperation, you’ll share the price” he allegedly said to Samaras. However, this specific information has not been officially confirmed.

While the drama of a soon-to-resign Prime Minister was evolving at the Maximou Mansion, the hesitant coup of Mr. Venizelos was unfolding at the Ministry of Defense. Already by Tuesday 14th of June, those who had visited the Minister of Defense were left with the impression that he was about to resign. An MP who visited him had the impression that the secretaries were collecting the Minister’s folders. Venizelos himself was implying in his discussions that he could even resign. Of course, he would never mention the word “resign”. “You tell me. What should I do?” was his meaningful question to his interlocutors. This stance inspired other PASOK MPs, as Paris Koukoulopoulos, Kostas Spiliopoulos, Nikos Salagiannis and Dimitris Lintzeris, who were promoting at the Parliament the idea of a government’s overthrow. This “rebellious atmosphere “ is said to have influenced PASOK MP Yannis Floridis who finally decided to resign irrespective of what the Venizelian wing would do. The day after Papandreou’s failure to form a government with Samaras, several MPs who were loyal to the Prime Minister were ordered to appear in front of tv cameras and remember the “ghost of Apostasy” (read more about the history of Apostasy/July events/Royal coup) in order to restrain the Venizelians’ attack. The 46-year-old ghost has once more served the Papandreou family. At the same time Papandreou proceeded to a government reshuffle and at 4am of the 17th of June, he appointed Venizelos to take the responsibility of the economy since, for the second time in two years, Lucas Papademos had declined to head the Ministry of Finance. A historic member of PASOK said for Venizelos: “An apostate in the morning, a vice-president in the evening”.

Greek Minister of Finance, Evangelos Venizelos

Venizelos was reassured by the Prime Minister that night that he could have as Deputy Minister the chairman of the National Bank of Greece, Vasilis Rapanos. However, instead of him, he got Pantelis Oikonomou who, as soon as he accepted the post, took all his speeches off his website. He was against the Memorandum in all of them. Another important point is that Venizelos demanded from the Prime Minister to strip Theodoros Pangalos from his responsibilities. He wanted to be the only vice-president in the government. The Prime Minister invented a “Solomon solution”: he formed a governmental commission without the participation of Pangalos. In that way, Venizelos was “first vice-president”. Thanks to his special political weight, his popularity and his rhetorical prowess, he “passed” the Medium-Term Program from the Parliament. Even if that was partly because he “checked” the intra-PASOK dissident MPs who he himself controls.

The “first vice-president” accepted the Ministry of Finance because he estimated that the Prime Minister would later be obliged to call for elections in which PASOK would be defeated and thus he would substitute Papandreou as the party leader. “I know that Evangelos wants elections but I won’t do him the favor” Papandreou is said to have commented to one of his associates during the summer. Most Ministers in their personal discussions they accuse Venizelos of postponing the implementation of the Medium-Term Program’s commitments while waiting for elections. With the possibility of having him as their leader in the near future though, they are very careful in their public statements. When, on the 2nd of September 2011, the troika demanded the immediate implementation of the reforms, Venizelos unexpectedly suspended the negotiations. The heads of the troika left Athens within a few hours.

The troika’s embargo against Greece lasted for 27 days. The delay of the bailout’s sixth installment was in no way agreed and the responsibility for bringing the state on the verge of a domestic cessation of payments lies completely to the Minister of Finance. Highly respected European sources say that the deviation from the agreed commitments has overthrown the, generous for Greece, deal of 21 July. The new negotiation, with an uncertain and (probably) worse outcome, is under way. According to Greek and foreign officials, Greece has been ostracized from that deal. Two years after PASOK’s election victory, the improvisations are continued and the uncertainty keeps intensifying…

End of Part 3 of 4 – to read the fourth part click here.

The run-up to the Greek economic crisis (Part 1)

Last week I read one of the most interesting articles in the past months. It was written by journalist Pavlos Papadopoulos for the popular Sunday newspaper To Vima (16/10/2011). I decided to translate it for anyone who is interested in the backstage political activity during the first months of the Greek economic crisis. I have re-phrased some parts in order to facilitate the article’s understanding and, of course, to make it easier for my mediocre translating skills. I also decided to split the 3.000+ words article in four  parts so that it makes it easier to read online. The next parts will be translated and published during the week.

Apart from the journalistic interest, this article can prove to be useful in order to understand the suspiciousness of the Greek public against the current administration and the reasons why so many people react by protesting in the streets. Simply, try to imagine what kind of trust would you show to your government if you knew that your current state of misery is due to the amateur handling of extremely crucial issues. It is also interesting to notice how some of the decisions were not taken under the motivation of doing the right thing for Greece but were rather the results of small-party political machinations.

So here’s the first part of the article.

“We were like prostitutes after their first time” a top government official confessed in his attempt to describe the Cabinet member’s psychological situation during their meeting to sign the Memorandum, on the 5th of May 2010. “We were looking at each other and we were all pale” he says. “We felt very ashamed since we couldn’t believe that we, PASOK, led Greece to the IMF, having chopped the salaries and the pensions”. And then he concludes “Since then we have been completely prostituted. We’ve done the same things over and over again without feeling any shame”. Almost all PASOK politicians admit in private that the Memorandum, despite its provision of some necessary reforms, is synonymous at the same time with the sentencing of the economy to a prolonged depression and with the mortgaging of the country to its lenders. However they recognize that it was the last choice in order to avoid bankruptcy and to secure the savings and the pensions, especially since the government had previously failed to implement the prior solutions.

“The Memorandum was hastily written by us and the troika” admits a high-ranking government official who participated in the (so-called) negotiations. “We had no idea of what we were writing and the troika experts were equally confused, working under great pressure from the European Commission and the IMF”. According to first hand accounts, the slightest preparation hasn’t been made and simply, on the last moment, they isolated part from older IMF Memorandums as those with Turkey, Mexico or Hungary and they would hurriedly adapt them to form the Greek Memorandum. “It’s a bad compilation, a Frankestein-styled Memorandum” says a Minister who admitted that he had less than three hours to read, understand, evaluate and approve the part of the agreement which would commit his Ministry for the next four years.


Only the first two chapters of the Memorandum are purely Greek. They consist the “legal introduction” which was written by professors Evangelos Venizelos and Haris Paboukis in an office at the fifth floor of the Ministry of Development, in Mesogion Avenue.  A lot of government officials found refuge in that 10 years old building, the design of which reminds the optimism of the European Monetary Union’s era. The centre of Athens was impassable because of the tear gas and the riots which concluded that afternoon in the assassination of three young people at the Marfin Bank Stadiou Street branch.

“We’ll become like Argentina. They will enter and they will kill us” Theodoros Pangalos shouted when he was informed of the three bank employees’ death. He was at the Parliament and the MPs next to him who heard him got afraid that the mob will come inside and lynch them. But they haven’t taken into account Aleka Papariga. The General Secretary of the Greek Communist Party, an always suspicious and proactive woman, has given strict orders to the safeguarding team of PAME (the Communist trade union). The strapping communists, instead of invading the former Palace (i.e. the Greek Parliament), obeyed and sheltered it by standing in the way of a united crowd of extreme leftists and parastatal protestors who were trying to break through the police collar at the Monument of the Unknown Soldier. Once more, the Greek Communist Part had saved the bourgeois democracy.

End of Part 1 – To read Part 2 click here.