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Greek Energy Minister Slams "Unscrupulous, Imperialist" Germany, Will Seek "Bold Alternatives" In Russia

Tyler Durden's picture




 

With fresh rumors springing late on Friday that "this" just may be the weekend Greece - with close to no funds left in either the financial or government sector - imposes capital controls, a precursor to a full-fledged Grexit, the situation in Athens is on a knife's edge. Yesterday is also when the Syriza government submitted its list of 18 proposed reforms to the Troika: a reform package which the Guardian dubs "reform-for-cash", as Greece hopes the roughly €3 billion in revenue generated from the reforms will unlock €7.2 billion in financial assistance.

Rather, make that promises of reforms to generate €3 billion in revenue. Because the question, and problem for Athens, is which comes first: does Greece implement the reforms and generate the revenue or does Europe disburse the funds. It is a problem because the reforms will be extremely unpopular if and when they pass. According to Bloomberg, which sources Greek Skai TV, among the proposed reforms is an increase on the duty paid on cigarettes and alcohol. Other proposals include:

  • Lift sales tax on certain items while keeping a low rate for food products
  • Combat tax evasion including fines for non-payment of tax or failing to declare income; combat black market trade of fuel
  • Intensive controls of the names in Lagarde-List (more than 2,000 name suspect of tax evasion) and money transfers abroad.
  • Online system connecting companies to tax offices, and electronic system for the payment of Value Added Tax
  • Freeze early pensions, consolidate social security funds, create a national wealth fund
  • Continue with certain privatizations
  • Encourage issuance of retail sales receipts including linking collection to participation in a lottery
  • Overhaul tax process for games of chance, real estate and heating oil
  • Issue licenses for media companies

The 18 proposals, three times as many as put forward and dismissed by prime minister Alexis Tsipras’s government last month, anticipate GDP growth of 1.4% this year: about 1% less than where the most optimistic analysts see the US growing. The package also endorsed finance minister Yanis Varoufakis’s argument that the primary surplus demanded of Greece would have to be reduced. As such, the primary surplus was estimated to hit 1.5% in 2015 – half that in the country’s existing bailout programme. Unfortunately for Greece, considering the collapse in tax collections in recent months, Athens can kiss any hope of a positive primary surplus goodbye.

Since all of these proposals, if implemented, will lead to increased tax revenues and thus a decrease in the already low quality of Greek life, whether for everyone or just the 1%, they will be met with stern opposition, especially since they will be seen as going against Syriza's original radical pre-electoral agenda. Which is also why as the Guardian reported, "the country’s international economic affairs minister, Euclid Tsakalotos, raised the stakes, saying while Greece wanted an agreement it was prepared to go its own way “in the event of a bad scenario... We are working in the spirit of compromise, we want a solution, but if things don’t go well you have to bear the bad scenario in mind as well. That is the nature of negotiations.”

Once again Greece is unable to determine when it has lost the negotiations, and while giving with one hand, it tries to take with the other. And this is the biggest problem, because for Europe while the amount of the money transfer is modest, what it wants more than anything is to see the "radical" spirit of the Syriza government crushed.The problem for Greece is that this is not happening, especially with statements such as this:

“The government is not going to continue servicing public debt with its own funds if lenders do not immediately proceed with the disbursement of funds which have been put on hold since 2014," said government aides. “The country has not taken receipt of an aid instalment from the EU or IMF since August 2014 even though it has habitually fulfilled its obligations.”

Then there was the prime minister himself, who said in an interview with Real News that Greece won’t agree to any wage or pension cuts nor allow mass redundancies. Again: the issue is that the Troika, or whatever it is called, wants precisely this: they want real reforms, by which they mean that Greece finally has to implement some/any of the long ago promised and never delivered redundancies in the government sector.

What is surprising is just how naive Tsipras now appears with his continued populist rhetoric even after it has been revealed that he has no more leverage, with the threat of Grexit taken off the table. Some of his other soundbites:

  • An agreement in June with Greece’s creditors will only concern changing debt repayment terms and debt relief measures
  • Democratic Europe won’t choose a rupture regarding Greece
  • One of government's priorities is beginning and completing tender for broadcasting licenses
  • Won’t tolerate officials who put personal political interests above those of govt and Syriza party

And then there is the Greek energy minister, Panagiotis Lafazanis, who said in an interview with Kefalaio newspaper that the "only way for Greece to exit its crisis is through tough confrontation, if not conflict, with "German Europe."

Making sure the ongoing negotiations between (almost completely broke) Greece and the Troika take 1.4% steps forward and ten steps back, the energy minister said the Greek reform list can’t be opposed to Syriza’s radical program or be above popular will, sovereignty. As noted above, this is precisely what it would take for the Troika to release the funds.

Reuters confirmed as much earlier when it eported that as Athens battles to have a list of reforms accepted by its EU partners in order to secure much-needed funds to stave off bankruptcy, Lafazanis criticized Berlin and said the government must not roll back on its commitments.

"No list should go over the will and sovereignty of the people," he told Kefalaio newspaper in an interview on Saturday. "The Germanized European Union is literally choking our country and tightening week by week the noose around the economy," he said.

Virtually assuring Germany's fure, Lafazanis said that "if the government suspends pre-election promises, Greece will be driven over cliff’s edge" adding that "privatizations, especially in strategic areas, can’t and won’t happen." Alas, the Troika said it will, and the Troika writes the checks, so...

The punchline: "Greece is at more than breaking point; urgently needs big, bold alternatives to “German, incumbent Europe"and that "creditors behaving as unscrupulous imperialists towards distant colony, threatening submission or economic suffocation."

More importantly, Lafazanis has some ideas where to find said "big, bold alternatives." In Moscow.

Greece's Energy Minister Panagiotis Lafazanis will meet his Russian counterpart and the CEO of energy giant Gazprom in Moscow on Monday, as he hit out at the EU and Germany for tightening a 'noose' around the Greek economy.

 

Outspoken Lafazanis, on the left wing of Greece's co-ruling Syriza party, will meet Russian Energy Minister Alexander Novak and Gazprom Chief Executive Alexei Miller as well as other senior government officials, the energy ministry said on Saturday.

 

Lafazanis' visit will come just over a week before Tsipras is due to meet Russian President Vladimir Putin in Moscow although the Greek government has stressed it is not seeking funding from the Kremlin.

It is not seeking funding form the Kremlin yet. Because once the first week of April comes and goes and Greece officially runs out of money, it will go to anyone who can provide it with the funds needed to avoid civil war, even if that means switching its allegiance from Europe to the Eurasian Economic Union, something Russia is eagerly looking forward to, and something we predicted would be the endgame months ago.

 

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Sat, 03/28/2015 - 14:07 | 5937295 Thirst Mutilator
Thirst Mutilator's picture

Go 4 it!... Sick Vlad on 'em ~ lol

Sat, 03/28/2015 - 14:14 | 5937314 AlaricBalth
AlaricBalth's picture

The MSM has been demonizing Putin extensively of late that any attempt to align with Russia will be met with political blowback. I'm not saying it's the wrong strategy, just that there are costs associated with such a move. Conversely, pain of staying with the Euro are much more catastrophic for Greece.

Sat, 03/28/2015 - 14:30 | 5937355 remain calm
remain calm's picture

They are just posturing. They are big pussies. They will cave. Greece knows it is better to go with the devil you know then the devil you don't.

Sat, 03/28/2015 - 14:58 | 5937414 813kml
813kml's picture

The devil they know IS the Devil.

Even Stalin would look like an attractive alternative.

Sat, 03/28/2015 - 15:14 | 5937443 strannick
strannick's picture

hmm.. Cheap energy and a revitalized economy from Russia, or more economic slavery and unpayable debts from Germany via Goldman.

Pretty obvious, but TPTB will do everything possible to confuse and force the issue.

Sat, 03/28/2015 - 15:48 | 5937487 knukles
knukles's picture

Quelle surprise.  And what did, pray tell, the EU expect to happen?  Skullfuck me once and shame on me, skullfuck me twice and shame on you

Sat, 03/28/2015 - 21:32 | 5938289 bid the soldier...
bid the soldiers shoot's picture

and if you know what's good for you

never skullfuck me

Sat, 03/28/2015 - 16:20 | 5937610 Againstthelie
Againstthelie's picture

Do you believe that the words from the energy minister are spoken because of enlightenment, or because they deem opportunistic?

I tell you: if the money would still flow to Greece, he would not at all feel uncomfortable about being debt slaves!

Did they feel bad, because they used Goldman Sachs to fake their statistics and get entry to the Euro? A currency that was way to hard for their low productivity?

What we are witnessing is just the lamenting of stupid debt slaves, that feel perfectly fine, as long as they can make new debt and then blame everyone else, when the creditors do no longer believe, that their debt slaves will be able to pay the interest.

I don't want to defend the system of debt slavery by this. I just want to point out, that opportunistic politicians who do not raise questions about the SYSTEM cannot bring the solution. Only politicians who speek the truth to the stupid masses: either you want to be free, then we will have to pay a price for it and may not choose the easy way, or you decide for the easy way. Then you have not deserved souvereignity and freedom.

Sat, 03/28/2015 - 21:22 | 5938277 bid the soldier...
bid the soldiers shoot's picture

unless

 Stalin would look like an attractive alternative.

you fancy mulatto girly men

Sun, 03/29/2015 - 11:40 | 5939159 thecrud
thecrud's picture

60 million dead russians would strongly disagree.

Sat, 03/28/2015 - 14:31 | 5937358 COSMOS
COSMOS's picture

The Greeks do make a mean Trojan Horse.  Just what the Russians need to take down the EU Troy'ka'

Sat, 03/28/2015 - 14:52 | 5937400 Max Steel
Max Steel's picture

NEW MEMBER :-

Russia to apply for China-led infrastructure bank AIIB

http://rt.com/business/244805-russia-join-aiib-china/

Sat, 03/28/2015 - 17:40 | 5937774 Karaio
Karaio's picture

The Greeks are talking about:

You all are going to take it up the ass!

We will not pay, fuck you!

hehe.

Sat, 03/28/2015 - 19:05 | 5937962 Treason Season
Treason Season's picture

Read my blah blah blah blah blog,

Sat, 03/28/2015 - 14:31 | 5937359 Freddie
Freddie's picture

Everyone with an IQ above 10 knew that a strong DMark-like currency (Euro) would kill the smaller and poorer countries.  They thought it would drag these countries up and help Germany have a bigger market to sell stuff.

The problem is the whole thing is corrupt along with the elites, banksters, politicians.

Greece only hope is to leave but it is a disfunctional society.

Sat, 03/28/2015 - 22:54 | 5938451 smlbizman
smlbizman's picture

they tried the same strategy years ago in baltimore (mto=move to oppurtunity)...were they took the animals, i mean the unfortunates out of baltimore city out to baltimore cnty, figuring they would learn how to live a more responsible lifestyle....hard to believe it didnt work than either....same thing

Sat, 03/28/2015 - 15:19 | 5937460 Augustus
Augustus's picture

Tsapass, ViralFukus, amd Syriza should join with Puutie.

Puutie can show them how to make all the problems go away.

Start whacking journalists and opposition leaders.

Then the same old socialist strategy will be evident.

One vote, one time.

Sat, 03/28/2015 - 16:13 | 5937592 cossack55
cossack55's picture

Perhaps Puutie can also show them to make you go away. 

Sat, 03/28/2015 - 17:39 | 5937761 WhyWait
WhyWait's picture

Costs, and risks.  

For one thing, we don't know how close the Empire is to being able to pull off a "color revolution" in Greece.

For another, we don't know where the loyalty of the Greek armed forces lies.  Armed forces which trace their history back to the forces that collaborated with Hitler in the '40's, helped Britain reimpose a pro-Hitler king, overthrew an elected government in the '60's and ruled by naked force.

We can assume, based on what we know about how the Empire operates, that the officer corps is riddled with those on the pay of the Empire. Beyond that, I'm not aware of any facts, although it is a safe guess that there must be many patriots and honorable professionals in the ranks. Sariza most likely knows more and is factoring this into their strategy.

This is a high-stakes game, and I expect everyone in Greece knows that. 

 

Sat, 03/28/2015 - 14:15 | 5937320 daveO
daveO's picture

Why would Russia want them? They've always been a money loser.

http://redefininggod.com/2015/02/globalist-agenda-watch-2015-update-19a-...

Sat, 03/28/2015 - 14:20 | 5937329 Thirst Mutilator
Thirst Mutilator's picture

ports & bases bitch...

Sat, 03/28/2015 - 14:24 | 5937343 weburke
weburke's picture

the imf is waiting like a black hole. 

Sat, 03/28/2015 - 15:18 | 5937446 Sunny Dunes
Sunny Dunes's picture

RE: Ports and bases
In most countries when you purchase land you receive a land title or title deed - an official record of who owns a piece of land. Since 1945 the land title for Germany has been locked in a vault at the US state department Washington. The same is true for Greece. During the civil war (1946-49), and with the communists (supported by Tito) gaining the upper hand, the Greek ruling elite in Athens were faced with a major dilemma; lose everything or call in outside help. The communists were uncompromising - 100% redistribution of wealth from the bourgeoisie to the workers/peasants. They were facing complete ruin and exile. As they saw it they had no other option but to sign their country over to the American empire. Today Greece is in the same boat as Germany and has about as many NATO (US hegemony/domination) installations.
It's very easy for a country to fall into empire and very hard to get out. The US knows that if the Syriza marxists pull the trigger and default, economic collapse and turmoil will ensue providing a legitimate excuse for the Greek military to step in and cease power. Also, understand that there's a difference between the governing elite that control government and the ruling elite that control the country's productive industries; often the same but not always.

Sat, 03/28/2015 - 16:50 | 5937677 Thirst Mutilator
Thirst Mutilator's picture

Don't be fucking stupid about 'treaties' & 'legal' bullshit...

 

When TSHTS [which is often much AFTER 'secret' negotiations have been formulated & acted upon]... All that bullshit dissolves in a nanosecond...

 

Next thing you know you're gonna be telling me that Corzine should be in jail... Which is TRUE... But which is EXACTLY my point...

Sat, 03/28/2015 - 15:45 | 5937490 HardlyZero
HardlyZero's picture

Italy partially funded the new Russian natgas pipelines, and over the last decade has perfected state-of-the-art natgas distribution.

Expect the big deals to be:

1. natgas pipelines through Greece to ports and underwater to Italy.

2. liquid natgas refineries in Greece, tied with the ports.

These are "permanent" long-term committments that can not be easily 'undone' once built and running in a few years.

Greece becomes Moscow's slave vs. German.

As fiat collapses many will scramble to find similar "sugar daddy's", many corrupt yet new relationships.

Corrupt long-term arrangements will be popular.

 

A major issue preventing above requires Turkey to reliably supply natty to Greece, so Turkey needs to have similar Russian intentions...will that happen ?

Will Greece ever trust Turkey ?  or will Russia lord over both to 'make the deal' ?

Sat, 03/28/2015 - 16:17 | 5937601 cossack55
cossack55's picture

Possible. Who would ever have thought the Germans and French can ride in the same tank.  Lots of ancient history to overcome.

Sat, 03/28/2015 - 14:28 | 5937352 bonin006
bonin006's picture

It would be a relatively cheap way to fight back against the Euro/USSA bankster's economic attacks on Russia.

Sat, 03/28/2015 - 15:26 | 5937483 disabledvet
disabledvet's picture

For Russia, yes.

Sat, 03/28/2015 - 14:39 | 5937376 remain calm
remain calm's picture

Greece has warm pretty beaches with babes. You ever been to Russia? It be a nice playground for Putin. Think about the irony too: The birth place of democracy, be a Russian ally

Sat, 03/28/2015 - 15:04 | 5937434 Wolferl
Wolferl's picture

Did you ever have a closer look at Greek "babes"? (And i don´t even talk about their mothers over 35).

Sat, 03/28/2015 - 15:22 | 5937467 MS7
MS7's picture

The "babes" on the beaches are from all over the world.  Maybe you weren't aware of it but a lot of tourists go to the Greek islands.

Sat, 03/28/2015 - 15:28 | 5937492 remain calm
remain calm's picture

Who said you had to marry them? And who in their right mind would fuck anything over 35?

Sat, 03/28/2015 - 16:03 | 5937576 ThisIsBob
ThisIsBob's picture

Your daddy.

Sat, 03/28/2015 - 18:16 | 5937846 Lea
Lea's picture

"Who said you had to marry them? And who in their right mind would fuck anything over 35?"

I hope for your sake your hand is younger than that.

... Since normally, the kind of dude who speaks like you do ends up married to it.

Sat, 03/28/2015 - 15:32 | 5937500 Prober
Prober's picture

"democracy" brought the Greek politicians who created the cesspool Greece now rots in

AND the Clintons, GW Bush, the obomination, etc, etc

What is so fucking wonderful about "democracy" ??????

Sat, 03/28/2015 - 20:48 | 5938216 bid the soldier...
bid the soldiers shoot's picture

you have to ask

What is so fucking wonderful about "democracy" ??????

When you can get practically everybody as to believe in something that doesn't exist, that's pretty wonderful.

It took 2000 years to get everybody to believe in the "man in the sky."

And less than 300 for everybody to believe that one's vote counts in a democracy.

Sat, 03/28/2015 - 22:06 | 5938365 StychoKiller
StychoKiller's picture

In ancient Greece, anyone proposing a new law had to do it on a platform with a noose around his neck.  If the law passed, the noose was removed, if the law failed to pass, the platform was removed.

Sun, 03/29/2015 - 11:43 | 5939164 thecrud
thecrud's picture

It is all fun and games until you find out you only have you to blame for ruining your credit by not paying your bills.

Everyone's a capitalist until then.

And were the big bad boogie man because you spent money like a drunk sailor and no one stopped you like your mommy.

Sat, 03/28/2015 - 14:26 | 5937346 daveO
daveO's picture

Why would Russia want them? They've always been a money loser.

http://redefininggod.com/2015/02/globalist-agenda-watch-2015-update-19a-...

Defense Minister Kammenos,

“What we want is a deal. But if there is no deal – hopefully (there will be) – and if we see that Germany remains rigid and wants to blow apart Europe, then we have the obligation to go to Plan B. Plan B is to get funding from another source,” he told a Greek television show that ran into early Tuesday. “It could the United States at best, it could be Russia, it could be China or other countries,” he said. <<<


Sat, 03/28/2015 - 15:10 | 5937444 Joe A
Joe A's picture

Well, Russia has now permanently a port in Crimea, why not go for one in the Med? With plenty of islands to dock your ships? And then a nice port in Cyprus. From there it is not so far to the Suez canal. They would cover that. And Syria. How about that as a stranglehold on the West?

Sat, 03/28/2015 - 15:30 | 5937494 knukles
knukles's picture

Russia has a naval base in the Med, it's at Tartus Syria.  Oppppah!  Makes the geo-politics a bit more clear now, don't it?

Sat, 03/28/2015 - 15:49 | 5937540 Joe A
Joe A's picture

Why stop at one? Why not create a nice little triangle of bases in the Med? Something in Syria, something on Cyprus, something on Crete and then control the Aegian and the Sea of Marmara and control the flow of ships to Suez.

Makes camp Bondsteel once of a sudden look quite silly despite its size.

Sat, 03/28/2015 - 16:19 | 5937607 cossack55
cossack55's picture

Maybe they could buy Malta from the brokeassed Brits.

"Ve must take Malta"

Sat, 03/28/2015 - 17:46 | 5937788 tarabel
tarabel's picture

 

 

An even better swindle than the Indians who didn't own it selling Manhattan to the Dutch-- and for the same reason.

Sat, 03/28/2015 - 20:37 | 5938195 bid the soldier...
bid the soldiers shoot's picture

You're so smart, tarabel.  

How could anybody own land if they didn't record their ownership with the Recorder of Deeds?

And the indians didn't open one Recorder of Deeds office before Whitey showed up. 

Sat, 03/28/2015 - 20:20 | 5938170 bid the soldier...
bid the soldiers shoot's picture

not to mention

Russia has a naval base in the Med, it's at Tartus Syria

Tartus, Syria.  Ah, the unfashionable side of Turkey

Sat, 03/28/2015 - 20:16 | 5938161 bid the soldier...
bid the soldiers shoot's picture

simple

Why would Russia want them? 

location, location, location

Sat, 03/28/2015 - 15:12 | 5937448 Kirk2NCC1701
Kirk2NCC1701's picture

"Go 4 it!... Sick Vlad on 'em ~ lol"

As I've already explained on 3/17* and on 3/19**...

Assume that you're lending money to a junkie (you'll NEVER see it again), and would therefore treat Greece on a pure 'Quid Pro Quo' basis:

1. Cash for Russian Naval Base on primo Greek island
2. Cash for Greek Agricultural products
3. Join AIIB
4. Natgas+Oil pipeline from Russia, via Black Sea and Turkey, through Greece to Macedonia
5. Principal Partner (co-owner) of Aegean development of gas fields
6. Cut Greek NATO spending in half, exit in 2-3 years. Every Euro removed from NATO budget to be added to Greek Navy.
7. Tell ECB to "Go stuff it!" Don't be polite about it.

p.s. As one ZHer*** noted, if Greece keeps its NATO seat, Russia/China get a Proxy Vote via Greece.

* Tue, 03/17/2015 - 15:16 | 5899233 new Kirk2NCC1701
http://www.zerohedge.com/news/2015-03-17/greek-pm-meet-putin-amid-cash-c...)
** Thu, 03/19/2015 - 12:59 | 5906514 new Kirk2NCC1701
*** Tue, 03/17/2015 - 16:58 | 5899492 TomGa

Sat, 03/28/2015 - 15:25 | 5937482 MS7
MS7's picture

Good plan. But I have to wonder if Syriza are just lackeys for the US or if they are simply not bold enough to make any kind of big move.

Sat, 03/28/2015 - 22:04 | 5938357 one_hundred
one_hundred's picture

I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... www.globe-report.com

Sat, 03/28/2015 - 15:57 | 5937559 petkovplamen
petkovplamen's picture

is ruh666 a troll?

Sat, 03/28/2015 - 16:25 | 5937617 ruh666
ruh666's picture

colorad?

Sat, 03/28/2015 - 14:13 | 5937309 silver4me
silver4me's picture

Go Greece Go!

Sat, 03/28/2015 - 14:13 | 5937312 Atomizer
Atomizer's picture

Ban all clown cars to raise money to bailout Greece and call it climate change. 

No cars allowed in Paris because green cars are still causing smog. Damn it. We fuck up again. 

/sarc. 

Sat, 03/28/2015 - 14:19 | 5937326 richsob
richsob's picture

Option A: Continue putting up with the farce of being in the EU and its attendant miseries.

Option B: Run into the arms of Russia and trust to the tender mercies of Vladimir Putin.

Option C: Go it alone, get off your dead Greek asses, go to work, start paying your taxes and dump the socialist mindset that got you into this situation in the first place.

Sun, 03/29/2015 - 15:47 | 5939764 August
August's picture

Maybe they could get the Turks to take them back.

Kissy, kissy!

Sat, 03/28/2015 - 14:21 | 5937335 29.5 hours
29.5 hours's picture

 

 

The more the current Greek regime ups the rhetoric, the more it is clear they do not have a serious national leadership plan. Their chances of getting support (from Russia or any other country) depends on first having a plan to mobilize the people of Greece.

Holding out the alms cup will not work. The solution must begin with a plan to build on the real strengths of the Greek economy and strengthen the internal war on oligarchs and corruption.

Ukraine could benefit from that approach as well.

 

 

Sat, 03/28/2015 - 15:28 | 5937491 Prober
Prober's picture

"The solution must begin with a plan to build on the real strengths of the Greek economy"

What are the "real strengths of the Greek economy" ????

My microscope is not powerful enough to find these "strengths" in that horribly degenerate society of socialist parasite defraudering thieves liars and hyper-corrupt bureacrats and communist unions, maybe yours is powerful enough to find these "strengths" and you could enlighten us.

Please compare with TINY ZERO-natural resources Singapore, one of my favorite places.

Sat, 03/28/2015 - 15:55 | 5937516 HardlyZero
HardlyZero's picture

ports, shipping to world...which helps the agriculture too.

travel, tourism for world...busy/updated shipping ports help too.

agriculture to Russia.

 

I think Greek culture (and yes, gyros and feta) are very popular around the world...so Greece could become a strong tourist area with very cheap post-exit deals.

I am sure many from north EU and Russia would visit yearround if the prices were cut 10 times lower.

Sat, 03/28/2015 - 17:12 | 5937635 Prober
Prober's picture

You are wrong on ports - while Greeks dominate the shipping biz, the ships are registered under flags of convenience AND there is only1 ports of any significant size in Greece (very small in EU ranking) - ports are located where there are BIG economies.

Regarding agriculture, obviously you have not been to Greece, which is one BIG rock with marginal agricultural lands.

The ONLY domestic biz of any significance tat Greece has ever had is tourism, and if you actually spent time there vs just imagining, you would know that northern europeans have been flocking to Greece in winter for generations already - not new - BUT that the tourism is DECLINING because of all the anti-northern-European hostile insutling propganda emanating from the Greeks !!!

Sat, 03/28/2015 - 17:33 | 5937735 HardlyZero
HardlyZero's picture

Greece has few viable methods and economies, but these could be developed in the future.

Greece is not landlocked.   So what are the possibilities for Greece in the future ?  A new Byzantine ?

http://en.wikipedia.org/wiki/List_of_ports_in_Greece

 

None suggested here Greece dominates anything at this point.

Personally I have met a few Greek shippers/fleet though family a few decades ago.

I have read recently there are plans afoot.

Separately off topic, I visited Athens in 1981 before university. 

Sat, 03/28/2015 - 18:11 | 5937832 Prober
Prober's picture

Singapore had MUCH LESS resources than Greece and became a world-leader in prosperity, urban planning, good governance, technology industry, shipping etc because Singapore had Really Good leadership AND citizens who worked together for the greater good of all, and corruption is NOT tolerated.

Greece is a failed culture/society of parasites, cheats, liars, thieves, swindlers, socialists, incompetents, failures, communists, and human garbage. That is why Greece will never rise from the cesspool of its own making.

Sat, 03/28/2015 - 18:42 | 5937901 HardlyZero
HardlyZero's picture

Yes, it is true.  Greece has been one of the most corrupt countries.  I'd guess Turkey would also compete for many adjacent shipping/port business.  Greece really only has natty trans-shipment possible going for it near term (Russia to Europe), as long as the gas pipelines get funded and built (through Turkey), and the leftist Greek "revolutionaries" don't blow it up every few weeks.

Changes.

Sat, 03/28/2015 - 20:13 | 5938149 bid the soldier...
bid the soldiers shoot's picture

OMG

Greece is a failed culture/society of parasites, cheats, liars, thieves, swindlers, socialists, incompetents, failures, communists, and human garbage.

if you substitute 'Jesus freaks' for 'communists' you have nailed down 'Exceptional Americans". 

Western Civilization, too.


Sat, 03/28/2015 - 14:24 | 5937342 Jack Burton
Jack Burton's picture

Here comes the Colored Revolution! Lets see, what color shall we pick. Ukraine used up Orange. Libya used up Green. Georigia used up Rose. Lets see, the State department's Public Relations contractors are busy right now working out the details. Perhaps Blue, to match the flag.

Let's be clear, you don't just walk away from NATO and the EU. No, you are a member for life, if not in good standing, then as a full blown Puppet. The State department is screening Greeks who belong to American NGO's right now. Offering bigger salaries and more important positions to those willing to act as leaders and instigators of street demonstrations. The local fasicsts are already courted by Mossad, MI6 and the CIA, their role will be worked out as the muscle behind the color revolution.

Here is what to look for. A take over of the square in front of parliament by European minded youth, soon to be aided by fascists hiding behind EU flags and Greek flags. But you will know the US is serious, when unknown snipers open up on the crowds and then vanish, seemingly members of the Greek government. And that frees up the Greek NATO army, which is under American command, to clean out the streets and the government. Put a General on the seat of power, and call for new, manipulated elections in two years time, while the NATO army cleans out all oppostion.

REMEMBER. Watch CNN! And watch for SNIPERS!

Sat, 03/28/2015 - 14:46 | 5937389 HowdyDoody
HowdyDoody's picture

Look out for guys with distinctive coats or armbands. These will be coordinators for the various groups.

Sat, 03/28/2015 - 14:53 | 5937404 Firewood
Firewood's picture

Let's be clear, you don't just walk away from NATO and the EU.

 

 

Just watch!

Sat, 03/28/2015 - 15:32 | 5937499 disabledvet
disabledvet's picture

Turkey and Greece went to war with each other in 1973 you moron.

Not that Turkey isn't Russia's little bitch right now.

Sat, 03/28/2015 - 18:44 | 5937905 Escapedgoat
Escapedgoat's picture

It was 20th of July 1974,

1973 was the the Arab Isreali war.

The then President Dictator Papadopoulos REFUSED TO ALLOW USA  planes to station on Crete and to Help Israel.

He paid dearly on the 17th of November 1973 when he was deposed by his Military Policeman Ioannidis, puppet of the CIA.

Sat, 03/28/2015 - 18:30 | 5937543 HardlyZero
HardlyZero's picture

Yes.  Greece walks directly into Russa's open arms (or China or some other major non-EU).  It is a way to exit the EU.

Interesting times.

Sat, 03/28/2015 - 15:11 | 5937433 Joe A
Joe A's picture

Otpor anyone?

One of the guys of this movement (subsidized by the CIA) that put Milosevic aside went on to other color revolutions. For services rendered in the Maldives he got an island as a present. Why not go for a Greek island?

Sat, 03/28/2015 - 17:01 | 5937696 Wahooo
Wahooo's picture

Probably a few Uke snipers in need of employment.

Sat, 03/28/2015 - 17:57 | 5937812 WhyWait
WhyWait's picture

Jack, you've been paying close attention.

Hopefully a lot of Greeks have too!

That's one annoying way that we're different from sheep!

Sat, 03/28/2015 - 14:28 | 5937351 q99x2
q99x2's picture

Unscrupulous NWO imperialists are going after US workers pensions. I think we should arrest them and exile them to Somalia.

Sat, 03/28/2015 - 14:28 | 5937353 objectivist
objectivist's picture

Greece getting funding from Russia would be the best thing to happen to the West.  Clearly Greece will eventually default, since there is no way they can grow fast enough to ever pay the debt.  So here's how it would play out:

1.  Greece gets funding from Russia.

2.  Greece later defaults, but blames Russia for not covering the new bonds.

3.  Russia is the villain and Greece returns to the West.

 

So in the end Russia pays lots of money and still makes an enemy.  lol. 

Sat, 03/28/2015 - 15:37 | 5937518 Stormtrooper
Stormtrooper's picture

You leave out that as a part of the process, Greece defaults on $320 billion European debt.  That $50 billion from Russia will become a whole lot more manageable.

Sat, 03/28/2015 - 15:49 | 5937546 Volkodav
Volkodav's picture

you assume too much

Sat, 03/28/2015 - 16:30 | 5937633 king leon
king leon's picture

DEJA VU CUBA: Russia could do this standing on their head.

Sat, 03/28/2015 - 19:51 | 5938087 bid the soldier...
bid the soldiers shoot's picture

I'm impressed

How did you masterbate and type that comment at the same time?

 

OH YEAH OH

Sat, 03/28/2015 - 14:40 | 5937377 activisor
activisor's picture

The Central Banking Mafia have dictated terms for too long. Forcing loans on poorer sovereign States , most of which ends up in the pockets of the bankers, is no longer acceptable to a waking public. The days of the banking cartel are drawing to a close. It cannot come soon enough.

Sat, 03/28/2015 - 15:23 | 5937472 Prober
Prober's picture

"Forcing loans"

FORCING loans, FORCING - WOW !!!! - I could hardy type this because I was laughing so hard I almost choked, wow, you are one stupid shit-for-brains, you've been watching the Godfather series too much, your parents must be ashamed to the point of suicide

Sat, 03/28/2015 - 16:19 | 5937603 Fractal Parasite
Fractal Parasite's picture

Confessions of an Economic Hit Man, John Perkins.

Sat, 03/28/2015 - 15:49 | 5937547 Monty Burns
Monty Burns's picture

Don't be ridiculous.  Nobody forced any loans on Greece. The Greeks begged for the money which they then spent like drunken sailors. Anybody with any knowledge of the country knows this.

Sat, 03/28/2015 - 18:35 | 5937883 Escapedgoat
Escapedgoat's picture

Since 1824 and there after the game was to have the Banksters own people inside Greece.

They went in droves from Constantinople and other places to usurp the hard fought war for Greece's Independence.

 The First Governor was Kapodistrias. He was ASSASINATED as he tried to print Greece's OWN Currency, the Phoenix, in the Aegina Island. (Ring any Bells?)

After that the country was NEVER OUT OF DEBT.

The Question is,  WHO BEGS FOR LOANS? The People or the Politicians and their Oligarchs?

Sat, 03/28/2015 - 18:56 | 5937924 ThisIsBob
ThisIsBob's picture

Rather shoddy underwriting, don't you think?

Just cry me a river you greedy stupid fucks.

Sat, 03/28/2015 - 14:42 | 5937382 ruh666
ruh666's picture
Is Kadyrov a successor of Putin? http://right-dexter.com/index.php/analytika/rossiya/kadyrov-preemnik-put... do greece like it?
Sat, 03/28/2015 - 14:42 | 5937384 Omega_Man
Omega_Man's picture

hmmm discounted gas and land for new BMW factories....

Sat, 03/28/2015 - 15:11 | 5937449 Joebloinvestor
Joebloinvestor's picture

Greece, unwilling to do anything but blame everyone else for it's fucking mess.

The new Greek "Trojan horse" is filled with hot air.

Sat, 03/28/2015 - 15:20 | 5937463 JLM
JLM's picture

What Putin wants is to put Euro land in its place and punish them for their insolense of late.  It would be worth printing 50 billion dollars and give it to Greece to create a messy Grexit.  Take the whole thing down, recession for all and Russia with no debt wins!!!!  I am a nobody and can see that.  Putin must be salivating..... .

Sat, 03/28/2015 - 15:50 | 5937481 Kirk2NCC1701
Kirk2NCC1701's picture

"Combat tax evasion including fines for non-payment of tax or failing to declare income; combat black market trade of fuel"

You combat Tax Evasion the same way the DEA combats drug lords: CONFISCATE ALL THEIR ASSETS! FINANCIAL AND REAL Assets (Money, properties, toys... all gone, MFer!). And then drag their asses to jail.
.

p.s. Greeks are known as cunning and crafty, not as warriors. Forget the fictional demigods like Achilles or Hercules, etc. The REAL warrior heroes that "Greece" had, weren't even Greek:

Exhibit A: KING LEONIDAS (of The 300) was SPARTAN, not Greek.
Exhibit B: ALEXANDER THE GREAT was MACEDONIAN, not Greek.

Greeks were thinkers, sailors, traders and wankers, not warriors. Seems to me that they aren't "thinkers" any more either.
If in doubt, check out how Greek men dance, holding hands... https://www.youtube.com/watch?v=pgQbqkRAu4k
Or their hands in the neighbor's waistband: https://www.youtube.com/watch?v=3Yx3O6MlVmo
Leonidas and Alexander must be spinning in their graves.

Sat, 03/28/2015 - 15:26 | 5937485 yogibear
yogibear's picture

Imagine Putin gaining favor of Greece, Spain, Italy and Portugal.

It would be a slap in the face to NATO, Euro-land and the US.

Sat, 03/28/2015 - 15:53 | 5937548 HardlyZero
HardlyZero's picture

Turkey must go Ruskie in order for Greece to go over.

RISKTMy Business.

Sat, 03/28/2015 - 22:18 | 5938389 Anunnaki
Anunnaki's picture

Add Hungary to your list

Sat, 03/28/2015 - 15:35 | 5937509 Chad_the_short_...
Chad_the_short_seller's picture

They need some Greek Restaurants in Kansas Shitty. I love me some Greek food!!!!

 

feta, pita, olives, lamb kabob, salad!!

Sat, 03/28/2015 - 16:13 | 5937591 BigRedRider
BigRedRider's picture

Question: How do you sit four Greeks at the bar?

Answer: Turn the barstool upside down.

Sat, 03/28/2015 - 16:16 | 5937598 21centurydragon...
21centurydragonslayer's picture

Greece's leadership needs to stay off flights and go with secured conference calls. 

Sat, 03/28/2015 - 16:43 | 5937663 Sauerkraut-Opinion
Sauerkraut-Opinion's picture

"Imperialist"

....the first imperialistic people who wants to leave the whole Greece-debacle (...and the Euro...) as soon as possible.

When Germany leaves they will spit on us even more or call the ATM-machines "imperialists" when it does not spit money anymore..,

Sat, 03/28/2015 - 17:52 | 5937798 RaceToTheBottom
RaceToTheBottom's picture

Fits in well with Russias ownership of Cyprus

Sat, 03/28/2015 - 18:35 | 5937882 HardlyZero
HardlyZero's picture

Probably Syria and Turkey have to go hard Russian, and cooperate with Greece for any major change to occur.  Cyrpus could then exit too, to Russia.

Sat, 03/28/2015 - 18:17 | 5937848 not a yahoo
not a yahoo's picture

One can only speculate if the Germans would have had enough foresight, if they had first discovered the bomb.

Sat, 03/28/2015 - 19:08 | 5937977 Meremortal
Meremortal's picture

Germany: Lent money and will lose it. Greece couldn't pay Germany back if it wanted to do so, which it doesn't.

 

Greece: Criminal enterprise masquerading as a country, will lose, one way or another. 

 

Russia: Another way for Greece to lose.

 

 

Sat, 03/28/2015 - 19:41 | 5938069 bid the soldier...
bid the soldiers shoot's picture

Dude

Another way for Greece to lose.

Greece has already lost in regulation time.

Russia is Greece's only chance to win in overtime

Sat, 03/28/2015 - 22:15 | 5938383 Anunnaki
Anunnaki's picture

Another 18 point plan. Jesus this is so pathetic . Defaulting is the way to punish Germany

Tsirpussy thinks Merkel will be kind enough to give him a reach around while assfucking him

Either default or enjoy debt slavery

Sun, 03/29/2015 - 02:56 | 5938728 Element
Element's picture

 

 

"... Unscrupulous, Imperialist Germany ..."

 

As opposed to;

Unscrupulous non-budgeting defaulting Greece?

There was a time when zerohedgies vociferously and endlessly uttered high-minded platitudes about taking responsibility for actions. So does Greece get a free-pass on that one, for some unclear reason? If so, please explain what that reason might be, as I'd love to know the 'logic' of it?

Hopefully it's a bit more than an adolescent chip-on-the-shoulder, that awards Greece as 'right' for being a defaulting dead beat, and Germany 'wrong' for trying to make the system of EU budgeting functional, viable and based on actual maturity and taking responsibility.

Or is this one of those increasingly common variable hypocrisy things, where the crook and deceiver becomes the re-branded hero of the accepted propaganda memes, and the do-the-right-thing-guy, is painted as the defacto utter bastard spewed out of a pit of burning brimstone?

Is there a list I can read so that I know not to transgress the accepted facts from thinking too much for myself? I'd rather if someone did my thinking for me so I can just sit here and nod and drool at the double-think gymnastics.

 

 

Sun, 03/29/2015 - 10:42 | 5939068 thecrud
thecrud's picture

This is why I hate Americas support for Communism like Apple making phones there.

Everybody likes Capitalism until you dont pay your bills then they dont like what happens.

Just like American banks and those who bailed them out.

We have no credibility now. Everyone running to the Commies.

Hell we dont let kids walk to the park or school we do everything for them and wonder why were turning socialist.

Fuck all of them.

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