By Dimitiris Konstantakopoulos
May 29, 2020
Note: the data in the following article takes into account the state of Greek economy and society before the recent corona-crisis. According to the IMF, Greece will suffer a greater depression than all other EU members because of the pandemic, but nothing is certain for the time being. In any case, the economic and social results of the crisis will make things in Greece much worse than already described in our article.
Ιn May 2010, the EU, the ECB, the IMF and the Greek government signed a Loan agreement describing an unprecedented “bail-out program” for Greece. The stated purpose of the program was to “save” Greece from bankruptcy and “help” it redress its economy and its public finances while paying back its loans, mostly from European banks.
Read more at http://www.defenddemocracy.press/how-international-finance-and-germany-destroyed-greece-to-create-a-totalitarian-eu/
The Greek “bail-out” program: a colossal failure
By Dimitris Konstantakopoulos
05/29/2020
If we judge the Greek program not on the basis of our own criteria, but on the basis of the goals it set itself and of its predictions, we can safely say it was a gigantic failure, by far the biggest in the history of western leading economic institutions, like the IMF, the EU and the ECB.
In the future, every economics handbook in the world will begin by a chapter under the title “The Greek Bail-Out Program: What Economists must not do in any country”.
The Greek program was launched, supposedly, to help Greece cope with a situation where the “markets” (the international finance) were refusing to lend it, its huge debt considered unsustainable.
Read more at http://www.defenddemocracy.press/the-greek-bail-out-program-a-colossal-failure/
A Demographic catastrophe: Towards a Greece without Greeks!
By Dimitris Konstantakopoulos
Jun 3, 2020
In Greece, pensioners are dying more quickly, the life expectancy and the general health of the population is declining. For the first time since the end of the Civil War (1949), people are thinking twice before having children, young, educated Greeks emigrate, thus depriving the country of the necessary human capital. Greeks are paying to educate some of the best doctors in Europe who then go and work for the German hospitals. The total population of Greece is diminishing in absolute terms and the percentage of Greeks in origin and conscience among the population is also declining.
A population which is getting older, materially deprived, which feels morally betrayed, in total despair and insecurity, without any rights and any protection, is living in Greece today!
Read more at http://www.defenddemocracy.press/a-demographic-catastrophe-towards-a-greece-without-greeks/
