Archive | European Crisis RSS feed for this section

Greek Banksters in Action: On the latest twist in the story of mafia-style terror spreading through the Greek polity

19 Apr

Last November I posted a piece entitled A Small Victory for Press Freedom in Greece’s Struggle against Cleptocracy. That story concerned the courageous decision of Kostas Vaxevanis, one of Greece’s few, valiant investigative reporters, to publish the so-called Lagarde List; the list of Swiss bank account holders that Greece’s political class did its utmost to keep hidden, to pretend that either it never existed or that it had been ‘misplaced’. Since then, Vaxevanis has been arrested by Special Branch officers, was tried in the Greek Courts, was acquitted triumphantly, and, more recently, awarded one of international journalism’s top awards.

In an earlier piece, last July, (entitled Bankruptocracy in the Greek Sector of Bailoutistan) I had drawn my readers’ attention to the remarkable revelations of Reuters’ Stephen Grey regarding the ponzi scheme put together by Greek bankers for the purposes of usurping Europe’s bank recapitalisation rules, pretending that they managed to draw private capital into their insolvent banks which never really existed. My piece castigated the Greek media for maintaining a veil of silence on these corrupt and criminal practices, while highlighting the troika’s curious lack of interest in the shenanigans of bankers who are receiving billions of European taxpayers’ money (in the process of the so-called ‘recapitalisation’ process).

Today’s post links these two stories together in a manner that you, dear reader, will find startling, worrying, enraging, disconcerting. It comprises, mainly, the summary of a letter that Kostas Vaxevanis sent to a London based journalist last week (the translation and summarising from the Greek original is mine). With this letter Vaxevanis sought support, advice and an opportunity of spreading the news of the dire situation faced by Greeks (citizens and journalists) who refuse to keep silent in the face of deep seated, criminal corruption. I urge you to read on. Continue reading 

Germany’s continued dependence on the Eurozone’s stragglers

12 Apr

There is a growing consensus among commentators that Germany is de-coupling from France and from the rest of the Eurozone’s deficit regions. That German industry is turning instead to Asia and the rest of the world (even to Britain) for sources of demand for its net exports. However, the data suggests otherwise. Germany remains perfectly dependent on the Eurozone’s deficit member-states for the purposes of financing its net trade deficit with key non-Eurozone countries. Continue reading 

On CBC Radio’s ‘Writers’ Program: Interviewed by Eleanor Wachtel on the Global Minotaur

8 Apr

Over the past few years, I have been interviewed extensively on my views of the Crisis and my writings. Of all these interviews, this is the one that I enjoyed giving the most. Eleanor Wachtel generously afforded me the space to talk about Greece, my parents (and my experiences of growing up in Greece in the 60s and 70s), life choices that shaped me, the myth of the Minotaur, the global economy and much more. Thank you Eleanor. 

Lastly, note that this was the first interview in a series of programs under the general heading: Greece: The Unfolding Drama

 

‘Coffee’ with the General Secretary of the OECD, discussing the Global Crisis; plus a talk on the Global Crisis

30 Mar

YV hands over GM to GSAs some of this blog’s regulars may remember, on 1st March 2013, I was invited to meet with the General Secretary  of the OECD, Mr Angel Gurria, to exchange views on the global economic crisis and to discuss alternative policies that may help end it. Now, the OECD has produced a brochure capturing these meetings as well as presenting a transcript of a talk I gave while at the OECD. The OECD brochure entitled The Coffees of the General Secretary: Yanis Varoufakis can be downloaded here: Coffee with OECD’s GS

 

GS hands over OECD publications

Cyprus’ dire repercussions for the Eurozone: On RT tv

27 Mar
Follow

Get every new post delivered to your Inbox.

Join 3,279 other followers