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Merkel Faces German Parliament "Revolt" On Greece
On Monday we got the usual jawboning out of Greece’s embattled leadership, with both PM Alexis Tsipras and FinMin Yanis Varoufakis swearing that a deal with creditors is imminent. Here’s a sampling of the rhetoric:
- TSIPRAS: GREECE HAS SUBMITTED CONCRETE PROPOSALS TO CREDITORS
- VAROUFAKIS: GREECE IS `VERY CLOSE' TO DEAL WITH CREDITORS
- GREECE WILL NOT DEFAULT, FINANCE MINISTER VAROUFAKIS SAYS
As usual, it wasn’t long before EU creditors were out telling a different story.
- EU SAYS MORE TIME, EFFORT NEEDED TO BRIDGE GAPS ON GREECE
- EU SAYS SLOW-PACE PROGRESS BEING MADE TOWARD GREECE AGREEMENT
Perhaps most importantly, it appears as though Tsipras’ hopes of cementing a deal in Riga may be far-fetched:
- JUNCKER RULES OUT POSSIBILITY OF GREECE AID DEAL IN RIGA
And while Juncker claims he is optimistic about a deal in “late May or early June”, it’s not at all clear that either Greece or its creditors truly appreciate the potential for the type of ‘accident’ that German FinMin Wolfgang Schaeuble has been warning about. That is, a sudden, acute cash crunch — triggered by an ECB decision to raise the haircut on collateral pledged by Greek banks for ELA, for instance — could quickly push the country over the edge before a political solution is agreed upon.
Meanwhile, in Germany, Angela Merkel is attempting to head off staunch opposition from lawmakers concerning further coddling of what they perceive to be a belligerent Greek government. As we reported earlier this month, the German Chancellor has been under pressure from members of her Christian Democratic bloc to essentially cut Greece loose. Now that pressure is building, leaving Merkel with the unenviable task of selling yet another Greek bailout to an increasingly hostile audience.
Via Bloomberg:
German Chancellor Angela Merkel is trying to head off a potential revolt from as much as a third of her bloc’s lawmakers as she tries to up line support for a compromise deal with Greece, party officials said.
Caucus leaders of Merkel’s party are working on the objectors, telling them they may be asked to approve further aid to ward off a default even if Greece refuses to implement all changes demanded by creditors, according to three officials. Merkel has been calling small groups of dissenters to the chancellery to tell them that Greece leaving the euro area would risk causing geopolitical instability in the region, one of the people said. All the officials asked not to be identified because the discussions are private.
Merkel’s desire to keep Greece in the euro is fraught with political risk given the level of exasperation in Germany with Prime Minister Alexis Tsipras after four months of brinkmanship. Her strategy depends on Greece’s government making enough concessions to allow her to sell the deal to lawmakers and the German public.
As European officials warn that time is running out for Greece’s finances, Merkel’s Christian Democrat-led caucus will discuss the way forward at its closed weekly meeting in Berlin on Tuesday. While some German policy makers have hardened their stance against helping Greece, others are hinting at more flexibility to avert a financial collapse…
Any substantial changes to the conditions for Greece’s 240 billion-euro ($271 billion) aid program need approval by the full German lower house, or Bundestag. As many as 100 of Merkel’s 311 lawmakers may still be holdouts, one of the officials said.
Given the above, it would seem that Athens has, at least to some degree, been successful at leveraging the so-called ‘Russian pivot’, as we certainly imagine that when Merkel speaks of geopolitical instability and jeopardizing European influence, she is alluding to the multiple overtures (ranging from energy partnerships to development bank invites) that Moscow has made to Athens over the course of Greece’s tense discussions with European officials.
We’ll leave you with some soundbites from the Nobel laureate crowd (whose opinions we would normally view as a contrarian indicator, but this particular prize winner happens to be an HFT critic so we’ll let it slide). Here’s Joseph Stiglitz with his assessment of what a Grexit means for the future of the failed experiment that is the EMU:
“If Germany and the rest of Europe refuses to change the program, I think there’s no alternative [to Grexit] which would be really serious.”
“You really are bringing more instability into Europe [and the monetary experiment would] go down the tubes.”
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After this bailout....there will be more bailouts to come.
The can has been kicked again.
This is absolutely going to kill their credit score.
Ha, fifth or sixth time I have read a very similar headline. Let me know when Greek supply JITs fail.
http://www.bloomberg.com/news/articles/2015-05-18/nobel-winner-s-math-sh...
Is Merkel a CIA Asset?
Throw those pathetic Greeks out of Europe already.
And btw, the German Bundestag is NOT a lower house, it´s the German parliament.
that one thought is like a rock in a tin can - yea obvious, no, not an iota of further insight?
rock in a seaked tin can
Throw out the Greeks but invite in the Africans by the millions? Europe has a problem, but Greece isn't it.
NWO stooge.
The poor Germans have been mass murdered along with the Russians for hundreds fo years for the elites, red sheild and other Z-banksters. This includes the nazi creators = royal families, red shield and american elites like Dulles brothers, Walker-Bush klan, Ford, Rockefellers, et al.
Maybe the German people will wake up. Americans are all down at Wal Mart buying ho hos and watching ball games.
It's all Bullshit!!!
No way we're already at nine times!
https://www.youtube.com/watch?v=My-okFq8XSk
Is Frau Merkel a traitor to the Federal Republic of Germany?
too bad we're not at nein time yet.
The Germany will pay. No one should worry there.
The typical German makes 30,000 Euro a year and pays 55% taxes. I'm not sure how much more they can pay. But they'll keep paying. Obedience is the primary trait of Teutonic people.
Somehow I believe they will still qualify for a new 7-year car loan.
Oh please
Make them stop!
This is like a toxic marriage. They hate each other but she thinks, "I won't find this kind of security aywhere else," and he thinks, "It's cheaper to keep her." They talk divorce all the time, but everyone else has stopped paying attention.
Time for Deutschland to increase military spending.
That poor woman; don't they have any sources of fiber in Germany?
Jagermeister and head cheese are the staples in her diet.
Ja! Barb wire!
The German people have been F'ed over and mass murdered by the tens of millions for hundreds of years by the elites, royalty and the Red Shield.
Americans have been the same serfs since 1861.
Europe, America, NZ, Canada, Austrlia and the rest - the people are all serfs.
'Increasingly hostile audience'....what's the worst to worry about from that but a few broken windows which will add to GDP? They go on and on, and they don't stop.
Angela, make history babe. Reveal the holohoax for what it is. Make a deal with Putin so he can release the never released Soviet photos of the liberating of the work camps mistakenly referred to as concentration camps and the sight of all the well fed jews. Demand trillions in reparations from the zionist state and put an end to this epic hoax once and for all. Do it babe.
All those folks were just tired from playing cards the night before so they used bulldozers to push them to work.
Sounds like too much hot oil leaked out of your Harley into your boot.
Here's how you can fix it:
https://www.youtube.com/watch?v=lB2DpvxKTGw
What a piece of shit.
When it comes to Merkel and her lawmakers, it all depends on who has control of the Panzers.
Scummy two bob whores. Ask not what your country can do for you but what you can do to fuck over your country.
To the moon for cheese, i'll make something up to convince the people we need to go, and now.
This Greece stuff sure is boring.
Coming soon to America, you're gonna love it.
We all know it's groundhog day when it comes to Greece or any of the other PIIGS.
The EU cannot be embarrassed with a country leaving.
This is constant theater.
The attack on my policies has left me deformed.....but I assure you that MY RESOLVE HAS NEVER BEEN STRONGER!!!!!!!!!!!!!!
https://www.youtube.com/watch?v=Lo4cFViNLes
Greece is a country that cannot pay the debt that it has, so the Troika wants to bail it out with more debt. Goddamned morons. All of them. Here, let us pour some more fucking gasoline on the fire!
BLAAAAARG!
the future cannot repay todays debts....
It is highly likely that the EU shall provide more debt to Greece against minor concessions by the Greek government. This has been the picture all along. The "russian pivot" is abused by EU policy-makers to obfuscate the real problem / reason: A Greece cut-free from the EURO and developing well (after refusing to repay all debt) would bring the EU to an instant implosion with Spain and Italy likely followers into freedom. That would bring a swift end to the ongoing party in Bruxelles restaurants. The German parliament will not resist. The members have been trained like dogs to follow Angela Merkel and have lost all capacity to express their own convictions.
Sour Kraut
Jeebus....that woman is fucking ugly. Someone needs to pump a gallon of estrogen in her. Guess Draghi has been stealing all of her estrogen. She almost makes Hillary look fuckable.
Almost.
The photo with those wrinkle flaps at the mouth make he look like a ventriloquist dummy.
Line her, Yellen and Hillery up on a catwalk and you have the most effective boner killing trifecta ever conceived. Menopause is like a gawddamn Zombie T Virus.
Junked? Really?
Someone's got a ManFrau fetish. Fucking yuck.
Shave her ass and make her walk backwards. That's ze only solution to that level of ug.
that too is a lie. the bailouts aren't for greece.
Correct, it goes to payoff bankers.
usery, debt, control. as if they don't have greece by the short hairs. greece is broke and desparate. does will work for food bring the proper image of greece? simple gun to head strategy, but which head and who is holding the gun?
Which greater psychopath will do the central planning for the euro?
Does this mean Greece might not default?
Send in the Wehmacht and SS to collect those debts!
Yes, but who really owes money to whom?
Let us not forget what is really going on here. Germany wants to bail out German banks. Greece wants free money. As long as there is a net flow of funds from Germany to Greece, Greece will cooperate, returning 90% of the gross flow of funds to Greece as payments to the German banks. Until then German politicans will blame Greek freeloaders and Greek politiicans will blame the dirty nazis in Germany. This will continue until German banks are healthy again. Then, one way or another, the Greeks will default, and it will no longer make any difference how great their debt is. So why not keep accumulating debt?
Unless at least one of the current ruling parties in Germany or Greece is turned out of office, that's how it will be. It is all a huge masquerade to hide the truth that everything must be sacrificed for the health of the German banks and the welfare-state socialists in Greece.
Ever see that diagram of a snake biting its own tail and feeding on it?
That image came to mind. That, and a bare minimum staffed circle jerk...three with German citizens being the pivot man in this case.
All Greece is about is keeping the govt employees and pensioners paid in Euros. Includes the army and cops plus politicians. As long as they can get their euro pension or salary each month - the can will be kicked.
The rest o fthe Greeks can suffer and stave. It is ALWAYS about making sure the stooges for the state get paid.
Do you guys know that Merkel's personal file (especially the Stasi part) is under wraps, even from parlament? Well, I wonder why...? The 3 letter agencies have ALL major politicians in their pocket, especially Pres. Obummer. He caved after the first few so called 'briefings' where he wa told in no uncertain terms how the game is actually played. Don't play along and somebody might leak his real birth certificate (for starters)...where is says race:negro
You mean Angie was an East German and Obama is a (gasp) half negro?
Wow.
Wait til this news gets out. Life will never be the same.
You are so clever. But the world is not as simple as you might think. It is NOT a secret that she from East Germany, duh. But it is what she may or may not have done for the East German government, hence the wraps on the CV, capice?
Obama is a full blood Hyena....just like his mammy.
Merkel was engineered in some Stasi lab by splicing Hanta virus with killer Macaques.
If you believe the stories Merkel is supposed to be Hilter's daughter and that is why the records are sealed.
The story as you'll find it on the internet. According to the Soviet KGB archives when they captured and convicted Doctor Karl Klauberg (the father of modern artificial insemination) they learned of Merkel. Apparently before Hitler died Klauberg had collected sperm samples from Hitler and had them frozen. They then used Eva Braun's sister Gretl as a surrogate mother inseminating her with Hitler's sperm. Merkel is supposed to be the result of that experiment.
Whether this sounds crazy to you or not remember this. This is one of those things that can be proved with science via a DNA test. It never has been proven or debunked at least publicly.
Which brings me to my next post for those that have a real curiosity for the truth regardless of where it takes you.
http://cryptome.org/2015/04/kgb-archives-opened.htm
...
On April 9, 2015, The Verkhovna Rada of Ukraine (Ukrainian Parliament) approved a government bill No. 2540 opening up access to the archives of repressive bodies of the Soviet Union totalitarian regime of 1917-1991.
Materials will be published not only on the requests of concerned citizens, but the responsibilities of the Institute of National Remembrance will include their systematic publication and promotion.
In the Article 7 of bill No. 2540 is said that access to Archival Information of repressive bodies is provided by:
providing for everyone concerned the data carrier to review the archival information or its copy;
access to a digital copy of the archive information;
publication of the information on the official website of the organizer of a digital archival information and the copy of the archived information;
making archival references, excerpts from documents;
publication, exhibition and other forms of popularization repressive bodies’ archival information.
[and also]
The list of repressive bodies, which archives will be opened:
(including all units and departments)
Committee for State Security (KGB)
...
And if you believe the stories about Hilter's father being a Rothschild's bastard that makes Merkel part Rothschild and Hilter a part jew also.
That story goes his grandmother Maria Anna Schicklgruber who did work as a maid for Baron Rothschild was knocked up by the Baron and that is how his father was Alois born.
Whether this sounds crazy or not remember this. Hitler's, Rothschild's descendants along with Merkel are all still around and these stories can be proven or disproved scientifically through DNA testing.
Merkel's father was a communist.
Merkel is a closet zio commie too.
That's why the ZWO put her in the drivers seat.
Obola has been a alphabet spy agency since birth. No one really knows who his real parents are. All documents are sealed including education.
F ing liberal scum who voted for this shit.
I just have to wonder how many drugs merkel and all our 'elected' leaders take to sleep at night, or look themselves in the mirror. Maybe they really are saurians and don't need to sleep.
Merkel really looks like a much put upon beast of burden that is all but begging to be put out of her misery.
So, she is putting pressure on her rebels to step into line and go along with her plan to pour more billions of the German taxpayers money into the black hole of Greece. And knowing Greece, they will be laughing up their sleeves when they collect the money, knowing full well that they will never, and need never, pay it back. Im fact, as the Russian card has worked for them, then this time next year you can expect them to pull it out once again. A compromise from Greece's creditors based on geopolitical concerns (Russia) is tantamount to allowing Greece to hold a gun to your head to get whatever it wants. If it happens, it will come back to haunt them again and again, and the Greek problem will become a permanent regular fixture in the European calendar.
How about this quote...but not from a Nobel Laureate:
"Cancer essentially consumes all the body's resources, expanding wildly while starving healthy tissue. The sooner the cancer is cut out the less the impact on the body's health."
Cancer also harnesses the metabolism of the host and turns it against them. That's why it spreads like wildfire in young. So, the "healthier" Yurp Peon countries will spiral faster while those that are already necrotic, from the inception of ze EU collective, will linger on much longer.
Resection and/or amputation was ze only hope...that window has shut long ago.
To the tubes to the tubes to the toobs,toobs, toobs...
Don't anyone worry. The EU will pay, Germany will pay, the IMF will pay.
The Greeks can carry on stringing them along.
Either the troika pays and pays and pays or the UE goes down the drain. That simple.
It's the tail wagging the dog.
On the one hand, it would seem that you are probably right, but on the other hand, that would set an unsustainable precedent. The EU can't realistically support Spain, Portugal, Ireland, and Italy as well as Greece. And caving in on Greece would almost certainly open the floodgates. I love how all these financial morons in control of our world have totally painted their stupid asses into a corner. WWIII on deck.
You said "realistically".
Dude. That was funny.
Merkel is one ugly dude.
"Play ball or I leak your Stasi files. We clear on that?"
If GREXIT, then EURO demise, then what's behind the offer to Greece (and Germany) to join BRICS?
A hint can be seen at this site if you click on the pictures of the new Deutschemark and Drachma bills
http://alcuinbramerton.blogspot.jp/
Oh, but what's money really worth these days?!
The solution to all of Europe's problems is to import millions of Africans and Muslims to replace all those filthy white people who didn't breed because they had no money. Millions upon millions of Africans is what Europe needs. The European Union, preceded by the PanEuropean Union (pretty much the same flag as the EU, minus the cross because fuck Christianity right? http://en.wikipedia.org/wiki/Paneuropean_Union), headed by half-white self hating Leftist Richard Nikolaus von Coudenhove-Kalergi (http://en.wikipedia.org/wiki/Richard_Nikolaus_von_Coudenhove-Kalergi).
"The man of the future will be of mixed race. Today's races and classes will gradually disappear owing to the vanishing of space, time, and prejudice. The Eurasian-Negroid race of the future, similar in its appearance to the Ancient Egyptians, will replace the diversity of peoples with a diversity of individuals." Richard Nikolaus von Coudenhove-Kalergi, father of the European Union by virtue of being father of the PanEuropean Union. It should be noted that he was merely carrying on his father's work.
The campaign to exterminate all white people has been going on for far longer than 70 years. It started prior to WW1 and WW2 was just a continuation of that campaign. Since, Europeans have gone along with their own extermination and have not had to be taught any further lessons.
Is Greece hostage to Germany or Germany hostage to Greece?
Propaganda fuelled by Bloomberg (its client is Deutche bank) and other moronic mass media outlets MMM
makes it difficult to discern.
It is a battle of perceptions not real power, Germany has one hell of a lot more to lose than Greece, poor Greece has no much lower to go, Germany has vast riches at stake, the whole EU experiment will go to hell if greece defaults.
Greek banks are vital to most balkan states, a crisis in Greece will engulf the whole south eastern european sector where Russia is fairly active, a strategic disaster of unprecedented proportions that will impact the safety of all westernEuropean nations Germany first.
There is already huge damage, Greeks just wait for the time to pay back Germany , Tsipras visit to Russia should have scared every european leader but arrogance blinds .... there are sly plans afoot, EU will pay for what they have done to Greece ...in time.
Greece will leave the EU when it is strong enough to do so :)
the greeks have been doing business in this world a lot longer than the germans.
and this is how they do business.
deal with it.
as for merkel
with or without GR she is a lame duck.
bye bye mutti merkel.