A woman, accompanied by
her son, carries a box of vegetables as thousands of Greeks and foreign
immigrants line up during a free vegetables. As evidenced in these photographs, that show the effects of the IMF austerity measures are clearly effecting the ordinary Greek citizens from all walks of life. The despicable bankers are destroying a proud people. Greece's troubles are far from over. It is my thought that Greece has been used as a test case in ushering the NWO to Europe and, eventually, if they get their way, the rest of the world.
Daily Mail
~ Queues form as desperate people received food handouts from Crete’s farmers
.~ Antonis Samaras sworn in as prime minister as head of conservative-led three party coalition
.~ New coalition vows to renegotiate crippling bailout agreement to ease burden on debt-crippled country
.~ Greek stocks rose marginally in response to the coalition deal
.~ Greece had been effectively ungoverned after two election in six weeks resulted in political stalemate
~ Country struggling through a fifth year of recession, with unemployment spiraling to above 22 per cent
Leader of Democratic Left says
coalition will ‘lift those measures that have literally bled society’
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Starving Greeks queued around the block
for free food handouts yesterday as the country’s politicians managed to end a
crippling stalemate to form a coalition government.
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Young children as well as the elderly
waited in line in Athens to collect the parcels of fruit and vegetables donated
by farmers from Crete to help ease the devastating austerity faced by many
Greeks.
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But as hungry people collected food, a
few miles away a new conservative-led alliance was formed, vowing to
renegotiate the country’s strict European bailout in a bid to breath economic
life back into the debt-stricken country.
Lifeline: Hundreds of poverty-stricken Greeks are queuing for free vegetable handouts as politicians finally agree to form a coalition government
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Desperate: An elderly
lady carries a box of vegetables
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Despair: Pensioners joined the lengthy queues behind barriers in
Athens where people were waiting for a free food handout
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Hungry: Greeks line up for the food handouts, donated by Crete’s
farmers
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Conservative Antonis Samaras was sworn
in as prime minister and head of a three-party coalition that will uphold the
country’s international bailout commitments.
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In the hot seat: New Prime Minister Antonis Samaras vowed to
rescue Greece’s economy as he spoke for the first time after being sworn in to
office at the presidental palace
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The move ends a protracted political
crisis that had cast grave doubt over the country’s future in Europe’s joint
currency and threatened to plunge Europe deeper into a financial crisis
with global repercussions.
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Samaras, an American-educated
61-year-old economist, was sworn in three days after his party won the second
national elections in six weeks but without enough votes to form a government
on its own.
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His New Democracy party will join
forces with the socialist PASOK party, which came in third place, and the
smaller Democratic Left led by Fotis Kouvelis.
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Discussions on the lineup of ministers
were expected to be completed by Wednesday night.
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‘I will ask the new government that
will be formed tomorrow to work hard so that we can offer tangible hope to our
people,’ Samaras told reporters as he left the presidential mansion.
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Greek stocks rose marginally in
response to the news, with Athens shares closing up 0.5 percent, limiting
earlier gains.
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The new prime minister was to meet with
outgoing Finance Minister Giorgos Zanias, PASOK head Evangelos Venizelos and
Kouvelis on Wednesday evening.
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All three parties broadly back Greece’s
pledges to bailout creditors for further austerity and reforms, although they
have pledged to renegotiate some of the terms for the rescue loans.
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Vow: Antonis Samaras, right, crosses himself during a
swearing-in ceremony at the Presidential Palace as at the background Greek
president Karolos Papoulias looks on
Deal: Greek conservative leader Antonis Samaras, left, shakes
hands with Greek President Karolos Papoulias, center, as Greece’s Orthodox
Archbishop Ieronimos looks on after a swearing in ceremony at the Presidential
palace in Athens
Ceremony: Newly elected Prime Minister, Antonis Samaras, right,
bows in front of Ieronimos, Archbishop of Athens and all Greece, during a
swearing in ceremony
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New Democracy and PASOK are also
looking for an extension of at least two years in the deadlines for
implementing fresh cutbacks worth a total 14.5 billion euro ($18.42 billion).
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Democratic Left leader Fotis Kouvelis
went a bit further today, saying that Greece should eventually ‘disengage’ from
the austerity commitments and ‘lift those measures that have literally bled
society.’
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Greece has been dependent on the loans
from other Eurozone countries and the International Monetary Fund since May
2010. In return, it has imposed deep spending cuts, slashed salaries and
pensions, and repeatedly hiked taxes.
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The measures have left the country
struggling through a fifth year of recession, with unemployment spiraling to
above 22 percent and tens of thousands of businesses shutting down.
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The face of the crippling poverty
gripping the country was plane to see as hundreds of poverty-stricken Greeks
queued in a central Athens park for free vegetables.
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Misery: A young mother with her two daughters carries away a box
full of vegetables to help feed her family in the debt-stricken country
Help: Volunteers hand out boxes of fresh fruit and vegetables
donated to hungry Greeks in Athens by farmers from Crete
Austerity: Many Greeks cannot afford to feed themselves as deep
austerity measures imposed by Europe as part of the bailout agreement take
their toll
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Cretan farmers handed out some 2,700
10-kilo packages of produce, in cooperation with the capital’s municipal
authorities.
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Among the people lining up was
Panayiota Sidera, 31, from Athens. She said she has been unemployed for
two-and-a-half years and her husband is also out of a job. The couple is living
on a (euro) 250 monthly disability pension and rent from an apartment they own,
and have a (euro) 540-a-month loan installment to pay.
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“That’s my predicament,”’ she said,
adding that the food handout “is helping people, and I’m grateful. The
government should have been doing this years ago.”
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Zanias is to represent Greece at an
upcoming meeting of Eurozone finance ministers.
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The euro-group talks ‘will be the first
big battle on the revision of the bailout agreement, the creation of a
framework that will allow us to move to positive growth and to combat
unemployment which is the big problem of Greek society,’ Venizelos said earlier
in the day.
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In Sunday’s vote ~ and the previous,
inconclusive May 6 election ~ angry voters strongly favored parties promising
to end the hardship by tearing up Greece’s pledges for continued austerity and
reforms.
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However, the anti-austerity standard
bearer ~ the radical left Syriza party ~ finished a narrow second in Sunday’s
election that gave New Democracy 129 of Parliament’s 300 seats.
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Deal: Socialist PASOK party leader Evangelos Venizelos, top, and Fotis Kouvelis, the leader of Democratic Left party, centre, have agreed to form a coalition led by Antonis Samaras, bottom
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The development is expected to calm
fears that a protracted political crisis in debt-struck Greece could have led
to the country being forced out of the joint European currency.
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Such an event could have dragged down
other financially troubled Eurozone nations and hammered the global economy.
GERMAN CHANCELLOR BRACED FOR TOUGH RECEPTION AT GREECE Vs GERMANY FOOTBALL MATCH
Chancellor Angela Merkel will travel to Germany’s European Championship quarterfinal match against Greece for a game that brings together nations at opposite ends of Europe’s debt crisis, the German government said Wednesday.
.Germany, Europe’s biggest economy, has been a major contributor to international bailouts for Greece and was instrumental in demanding structural reforms and hugely unpopular spending cuts in return.
.The presence of Merkel, who is not a popular figure in Greece, could add extra political spice to Friday’s encounter ~ though team officials on both sides have been at pains to stress that it is purely a sporting event.
.She hopes for an exciting and fair match.
‘This is a football match, and it is exclusively about sport.’ government spokesman Georg Streiter told reporters in Berlin.
PASOK came third in Sunday’s election,
which was won by the conservative New Democracy party.
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No party won enough votes to form a
government on its own, leading to three days of coalition talks.
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Greek politicians had been locked in
negotiations to form a coalition government throughout the night after the
second general election in six weeks.
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As an agreement neared, Mr. Venizelos’s
socialist Pasok party, which came third in Sunday’s elections, said: ‘With
[radical Left-wing party] Syriza’s refusal, the only practical solution now is
the creation of a government with the support of New Democracy, Pasok, and the
Democratic Left.
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‘This government must be formed as soon
as possible. As now things stand, this can be achieved by midday Wednesday.’
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His party, he said, ‘will support this
government sincerely and will participate in it in the most beneficial way in
order to make it effective and credible’.
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There had been hopes the deal would
have been done by yesterday. The timetable for negotiations runs out today.
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Rival party leaders were today locked
in a second day of power-sharing talks, with two potential minority partners
voicing hope that a coalition can be quickly formed.
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Uneasy allies: As New Democracy leader Antonis Samaras, left,
tries to form a coalition government, he has been meeting with heads of other
political parties, such as Independent Greeks leader Panos Kammenos, right
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Glimmer: The ultra-right
party Golden Dawn (top) may have won 18 seats will not be involved in the new
conservative-led coalition headed by Antonis Samaras (bottom)
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At the core of any administration will
be Antonis Samaras’ New Democracy party, which came first in Sunday’s vote and
won 129 of Parliament’s 300 seats ~ but not enough to govern alone.
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Samaras is seeking an alliance with the
third-placed Socialist PASOK and the smaller Democratic Left party.
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That would broadly fulfill Greece’s
pledges to its bailout creditors for further cutbacks and reforms, keeping the
country within Europe’s joint currency.
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Otherwise, Greece would run out of cash
and the continent could plunge deeper into a financial nightmare with global
repercussions.
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The main sticking point promises to be
how much Greece is willing to tempt fate by seeking a more lenient deal from
creditors fed up with missed targets and broken reform pledges.
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PASOK leader Evangelos Venizelos met
with Democratic Left head Fotis Kouvelis, who told reporters afterward that a
three-party deal could potentially be achieved ‘within hours’.
Stalemate: Alexis Tsipras, leader of radical left Syriza party,
takes to the podium on Sunday to vow to continue the fight against Greece’s
crippling austerity measures
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Kouvelis said parties first had to
agree on a policy platform, and on who would be appointed to the cabinet.
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He said: ‘I believe the process is
gathering speed, the country must have a government … and in the next hours, if
there is an agreement, it will be possible for us to proceed.’
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Kouvelis insisted that parts of
Greece’s harsh austerity program must be revised, saying the country ‘has been pulverized
by pitiless measures’.
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Venizelos, who has pressed for an
agreement by tonight, said he was optimistic a deal could be reached.
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He added: ‘I am confident after my
meeting with Mr. Kouvelis, our views are very close. Greece must ~ and will ~
have a government as soon as possible. We agreed that the necessary processes
must be accelerated.’
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Both the conservatives and PASOK have
pledged to respect the commitments for further austerity and reforms that
Greece undertook as conditions for two massive international bailouts since May
2010.
Threat: It is not just the future of Greece that is at risk, the
whole single currency project could be scuppered if the coalition government is
not formed
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They are pressing for an extension of
at least two years in the deadline, which would alleviate the immediate impact
of new cutbacks and is seen as a likely concession by creditors.
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The Democratic Left is anti-austerity
in principle, but wavering.
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Austrian Finance Minister Maria Fekter
said any changes to the bailout deal would be ‘an adaptation of a pragmatic
nature’ after debt inspectors from major creditors visit Athens.
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A European Union official said the terms
of Greece’s bailout will be renegotiated because worsening economic conditions
have made the old agreement an ‘illusion’.
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He said that the goals of the agreement
would still be to reduce Greece’s debt and reform its economy to make it
competitive.
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But how they are achieved would be up
for discussion, the official said on condition of anonymity, citing policy.
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The second-placed, anti-bailout Syriza
radical left party has refused to join in a coalition.
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Party leader Alexis Tsipras campaigned
on a strong anti-bailout ticket, vowing to scrap the country’s pledges and play
tough with creditors ~ Greece’s European partners and the International
Monetary Fund.
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His message resonated strongly with an
austerity-weary electorate, which propelled Syriza from 4.6 per cent in 2009 to
nearly 27 per cent and gave anti-austerity parties more than 50 per cent in
total. The reasons are visible around the country.
Voting: A Greek Orthodox priest casts his ballot at a primary
school in Athens
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As more than four years of recession
and dwindling incomes take their toll, tens of thousands of businesses have
closed, unemployment is above 22 per cent and many Greeks see emigration as
their only hope for a decent life.
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In order to pass most laws, a
government needs a simple majority of 151 seats.
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But to have any chance of success, it
would require considerably more than that, especially amid the social turmoil
of the past two-and-a-half years of harsh austerity in Greece.
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Together with PASOK and the Democratic
Left, Samaras’ party would have 179 legislators, enjoying a strong majority of
28 seats.
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Hopes that a deal can be struck boosted
Greek share prices, with the battered Athens stock exchange gaining 2.9 per
cent in afternoon trading.
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Greece’s short-term borrowing costs
declined slightly today, with the interest for a new 13-week treasury bill
issue reaching 4.31 per cent, down from 4.34 per cent last month.
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The total sum raised was €1.3billion,
with the auction 2.2 times oversubscribed.
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Samaras’ three-day mandate to form a
government expires on Wednesday. If it fails, Syriza would get a chance to form
a government, followed by the Socialists.
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But Tsipras has said he will not even
try to create a government. Venizelos has advocated circumventing the mandate
process and proceeding straight to a meeting of party leaders under President
Karolos Papoulias.
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Venizelos has insisted that Syriza
should participate in any coalition government, in what appears more an attempt
to show the left-wing party up as intransigent rather than a realistic effort
to drag it into governance.
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Setting apart their bitter rivalry
stemming from four decades of what was effectively a two-party system, New
Democracy and PASOK took part in a brief coalition government earlier this
year.
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