This page has been archived and commenting is disabled.
Greece Threatens 'Unprecedented' Injunction Against EU To Block Grexit
Having told the citizens of Greece that the European leaders will not kick them out of Europe because "the cost of throwing them out is too high, enormous," it appears Greek PM Tspiras has another plan to ensure - no matter what the outcome of the forthcoming referendum - that there is no actual Grexit. As The Telegraph reports, Greece has threatened to seek a court injunction against the EU institutions, saying "we are taking advice and will certainly consider an injunction at the European Court of Justice. The EU treaties make no provision for euro exit and we refuse to accept it. Our membership is not negotiable."
Speaking earlier Tsipras stated:
- *TSIPRAS: REFERENDUM PROVIDES STRONGER NEGOTIATING POSITION
- *TSIPRAS: CREDITORS’ PLAN IS NOT TO THROW COUNTRY OUT OF EURO
- *TSIPRAS: COST OF THROWING COUNTRY OUT OF EURO AREA IS ENORMOUS
- *TSIPRAS: GREECE WILL NOT BE THROWN OUT OF EURO, COST TOO GREAT
And now, as The Telegraph reports, Plan B is in place...
Greece has threatened to seek a court injunction against the EU institutions, both to block the country's expulsion from the euro and to halt asphyxiation of the banking system.
“The Greek government will make use of all our legal rights,” said the finance minister, Yanis Varoufakis.
“We are taking advice and will certainly consider an injunction at the European Court of Justice. The EU treaties make no provision for euro exit and we refuse to accept it. Our membership is not negotiable,“ he told the Telegraph.
The defiant stand came as Europe’s major powers warned in the bluntest terms that Greece will be forced out of monetary union if voters reject austerity demands in a shock referendum on Sunday.
Any request for an injunction against EU bodies at the European Court would be an unprecedented development, further complicating the crisis.
* * *
With JC Juncker lies and propaganda this morning, Tsipras main goal now is to keep anarchy from breaking out before the potential vote on Sunday.
»
- 37501 reads
- Printer-friendly version
- Send to friend
- advertisements -
Our membership is not-negotiable
Good luck with that. European courts will not agree with that. Justice belongs to the rich and powerful in this world.
If they kick them out, what's to keep Greece from printing Euros and driving them across the border into the new EU? Are they going to kick them out and disable the print button from their computers?
Greece is allowed to print Euros as permitted by treaties. Print more and you breach your fiduciary responsibilities and become liable for damages.
So Greece will not print Euros as needed.
Forget about the European courts, go to the Russian and Chinese courts instead.
The only courts that matter are those backed by military action.
I think most people that slave up are envious on Greeks for being able to stand up.
Golden Dawn is Greece's only chance at survival.
I wonder how the hell have you concluded to this... Seriously, Golden Dawn is the worse kind of murderous nazi gang, full of low life, low IQ scumbags, financed by the richest to be their biting yard dog..
Actually Greece has a decent legal standing to be thrown out since
A. They joined under fraudulent accounting thanks to Goldman IRS shenanigans
B. They never adhered to any of the Treaty provisions regarding deficit spending (but then neither has any other country)
In other extremely disturbing news I stumbled across a video with a picture of NWO architect and 90-something year old global jetsetter Henry Kissinger meeting with one Alexis Tsipras back in June of 2012 at the latest and perhaps earlier.
This tells me that someone very important had time for someone who was not that very important then who has become EXTREMELY important now. Is Kissinger psycic?
Alexis Tsipras & Henry Kissinger!.wmv - YouTube
Anyone here that reads greek fill me in on what is being said?
Anyway... Alexis actually looks happy to meet with the Prince of Darkness... you know considering he was a communist youth leader and all.
There are no coincedences, only conspiracies.
Tsipras wears their uniform, afterall....
If elections mattered, they'd be illegal, eh?
< Tsipras is just another NWO asset like Obama
< Kissinger is merely a lucky NWO psychic
Just because if Brandon Smith is correct (and I strongly suspect he is...) and we are all indeed witnessing an NWO Production with this Greek drachma drama we may as well find out now.
And maybe even warn the rest of the Greeks.
P.S. I challenge anyone to find a copy of that photo on Google.
This is all playing out as it was scripted. The penalties for deviating from the script are too high except for a martyr or a saint. In this day and age, don't seek leadership unless you're either willing to play the game, or willing to make the ultimate sacrifice.
A feint? He's shown a couple so far (scripted?). Let's see how it plays out. I'm not entirely convinced either way. Maybe that's the intent. Who's playing who?
Ultimately, we're being played.
European Union is like a roach motel. The vermin (Greeks) check in but they never check out.
The hapless, corralled and trusting "vermin" perhaps. Remember, most people don't know what is going on.
Damn it, you've just elevated what I thought was a surreal headline to a musical production of Game of Thrones with your Kissinger/Tsipras meeting.
A couple of beers might get my grey cells working again to make sense of this, but right now I don't mind admitting that I AM CONFUSED,
So was I for several years until all the pieces finally came together in a way that made sense of literally everything.
Here... I'll help you out...
Read everything from here > http://www.alt-market.com/ (Especially the "One Last Look at the Economy Before It Implodes" Series of 6 )
And then read everything here > http://redefininggod.com/
The good news is that the shit is finally going to stop. The bad news is that they are going to scare the pants off everyone and possibly (not definitely) kill millions of people doing it. The scam is that they are going to use Putin and China to sell us all on a new NWO led by the "Good Guys" from the East vs. the "Bad Guys" from the West.
The other bad news is that both teams actually belong to the same Global Financial Elite and once they have the new global IMF-SDR currency they will then own the planet forever. I'm still trying to decide if that's a good thing or a bad thing.
If you have any problems just look me up.
Read The Protocols, it's all outlined there, what you said above is spot on...
Supposedly what happens after wards...
Whoever wrote it... one thing that we do know for sure is that it was written prior to 1905 and details to the letter the techniques that got us to where we are today.
A week or so ago was the first time I read through it. It could have been written today. Very eerie read.
I think the conspirators are malevolent mainly because of this part...
Although there are various contradictions which suggest that if you strip the document of Jews vs Gentiles, it seems less malevolent and potentially benovolent, what adds credence to this imo, is the Protocols seeming obvious plagiarisms of earlier works.
Being an atheist much of this dispensation with religion appeals to me.
But religion or any powerful organized movement can also be a potential enemy of any power structure including the Global Financial Elite.
China decided it simply didn't want to contend with any future Falun Gong problems. The Shah of Iran was merciless in eliminating his political opposition but could not outlaw Islam which is where the opposition that overthrew him grew.
Thanks mate. I'll definitely have a go at it and may even let you know what I think of the theory. I've had the feeling that the NWO in terms of the US Federal Reserve, the Squids, the IMF and the MIC have already been in charge for fair long while now - look at the 1000's of US military bases around the world, the personnel from the squid banks in key posts of all the global institutions and the complete control of the english-speaking media. It'd be a horrible disappointment to learn that the guys fighting against them belong to the same Global Financial Elite, but I guess it's not outside the boundaries of possibilities.
Anything that makes corporations less powerful, puts a leash on the amount oligarchs can control, encourages freedom and independence, and most importantly for me, makes war as an instrument of policy unnecessary is fine with me.
Can't wait for that evil empire emperor jew fucking bastard to fucking DIE! Please take Soros and the rest of their ilk too.
Unfortunately the cockroaches fled the light at the start of WWII.
it looks photoshoped
...If ever there was reason for a red flag, Archduke Ferdinand moment to start W W #3...this is it.
Is he just bluffing to get people to vote NO?
This just doesn't add aup.
History and the timeline is converging towards World War 3.
You can call it fate, or the destiny of man. Regardless of what you call it though, it's coming is as inevitable as the sun rising from the East.
If you want to get to an old age.
Avoid crowds.
Avoid the ignorant masses.
They are bored.
They are arrogant and stupid.
Teach your children to avoid mass gatherings also.
Ziad Fadel Syria
this is tsipras taking the initiative and positioning the EMU as the bad guy - he will therefore not be accused of causing the grexit in greece when it occurs. with a referendum in 6 days, the troika just cut off negotiations and left themselves very little room to maneuver. if i were them, i would precipitate an immediate bank or other crisis.
imagine if he had gamed the referendum with the question "should greece leave the EMU?" neither a yes or a no serves him politically.
the game is in motion, and he just threw down another card, forcing the EU to itself insist on breakup, instead of causing a govt coalition failure and snap election with tsipras in a corner. they will have to consider what others (Le Pen?) will be thinking with their heavy handed tactics, and whether they are establishing precedent.
looks like good game from here. the referendum threw the hot potato back in the troika's lap.
could it be that the europeans would be better off kicking 'em out, and want to, but the nudelman crowd doesn't like that and made some threats?
new colors, eh chunga? ;)
maybe they could get a loan from ukraine...
this shit is just too precious...
If someone steals your car and you see him thrashing it around the streets, giving police the finger, you may feel a lot of emotions but I doubt that envy will be one of them.
Pay your fucking bills! No other country should burden their shit!
That's what happens when you loan money to people who have no possibility of paying back. Greece is a sub prime borrower and the bankster pigs were more than happy to throw money at them. Lots of blame to go around
Ya, where do i sign up for this shit. I join a club that loans me more and more money that i have no intention of paying back and then say its members not only can't throw me out, but that they have to keep loaning me money to keep the club a going concern. I've been as sympathetic up to this point as anyone--the Greeks have been getting screwed royally, but that was predicated on them wanting out to some extent. This new line is complete bullshit. You don't have to fear Greeks bearing collateral cause they don't have fucking any. They just do this: https://youtu.be/3XGAmPRxV48
If he'd kept the Equity market open he probably could done that.
Now there's gonna be some dude from Titan Concrete who's gonna put a brick through his head..
"Print more and you breach your fiduciary responsibilities and become liable for damages."
You're hilarious. When did that ever stop anyone? Fiduciary responsibility left the building with Elvis.
Greece is no more independent from their central gov't (EU) than is any Amerikan state is from the People's Republic of Amerika.
"become liable for damages"
You mean like, have to pay a fine?!! LOL LOL LOL; do you know why Greece is the situation they are in? Hint it has to do with money as in the lack of it.
They could just print extra to cover the fine
If it were possible they would have already done it to pay their debts.
Forget about kicking them out. They don't need to print Euros, they have been letting their people withdraw them every day since the Feb elections until today. When they convert Euros to monkey-hammered New Drachmas, there will be a fortune to be made. But no, they can't get licked out, so there can't be any new Drachmas either. Right? Maybe?
That would be a good tactic.
Well, that depends on what the definition of 'is' is, now doesn't it? - Slick Willie
Get a Temporary Restraining Order and file it immediately, Alex.
"I'm gonna talk to the judge about a writ of Habeas Corpus. I'll put the SYSTEM on trial. " -Chip Douglas
Justice is independent and the means to keep the executive in check
Don't you mean - Justice wears Depends because it pisses itself?
Exactly which European courts would that be? Greece has mapped out a brilliant strategy, stay tuned.
mate, Tsipras needs two things and wants one:
1. a modicum of control for 7 days. It'll be tough, but I presume they'll manage. No clue what control they have on their military. He has to stall. Stall he does. This is stall. Do you actually think he gives a fuck about what the ECJ says?! How naive are you?
2. let all of the eurocrat collection piss his electorate some more in order to maintain momentum. And you can be sure, given how dumb the EU are, they'll be more then happy to provide. They'll threaten greeks enough times he'll gain 10-20% just from the spite they'll provoke.
3. humiliate them as much as they tried to humiliate syriza. I suppose it becomes personal after being spat enough times. And I suppose the last turn around by the IMF last week made it pretty personal.
this guy's a good politician. You're all westerners living in lalala land. He'll get his 'no'. With flying colors and cherry on top. And before you blabber about ccy., Greece needs one thing(like any developed economy): oil. Not the toilet paper called money. Guess who has oil.
Oh yeah, the Russian pipeline will bring in enough wealth for Greece to get by just fine, without the EU. They won't even have to reform their economy or tighten their belts. And that's before we even start talking about Russian naval bases in the Aegean. Greece has been sliding down the pan for 40 years but nobody noticed before, but the chubby new Che Guevara will save them for sure.
they reformed their economy more then anyone ever did or can do in a parlamentary democracy during peacetime. That being said, they sure still have plenty of room. However, if they survived for 3000 years, I'm sure they'll figure this one out too.
and from what I remember about Greece before EU: the people seemed fine, life seemed good(ok, as much as you can figure out as a stranger) and they were definetely not poor. Not particularly rich, not particularly poor.
Their corruption was also fine and their ccy. crap. But somehow, that didn't bother anyone. You don't need to be some kinda genius to run a small country with that geographical position...
The Greeks have defaulted on their debts many times before.
The first recorded default in Greek history occurred in the fourth century B.C., when 13 Greek city states borrowed funds from the Temple of Delos. Most of the borrowers never made good on the loans and the temple took an 80% loss on its principal.
Greece has defaulted on its external sovereign debt obligations at least five previous times in the modern era (1826, 1843, 1860, 1894 and 1932).
Only fools lend money to Greeks.
yes, and the reason we know this is because they're among the few who were able to write something in that age...
otherwise, all those banking geniuses that lent them for 10 years at the same rate as Germany definitely needed a backdoor bailout. Never let talent go to waste =))
Tsipras is right and he has a strong position. The Maastricht Treaty just defines the procedures and conditions, which are required to enter the Eurozone, but defines no procedures how a member state can leave it. The Lisbon Treaty defines that a member state can voluntarily exit the European Union and then it would automatically exit the Eurozone, but the European Union cannot throw a member state out. That would be illegal and against the law. Sure, they could still (illegally) do it, but it would be the end of the European Union.
True that, probably. The gyrations the ECJ had to perform to obliterate the Treaty of Lisbon's prohibitions on intra-EU sovereign bailouts and on ECB sovereign bailouts were something to behold.
Just have the courts look at the grounds that Goldman created for them to be accepted in the first place.
Give me ALL your money and FUCK YOU!!!!! LOL
Soooooooooooo..how exactly can Yellen justify a rate hike in the middle of Greece defaulting, China crashing and Puerto Rico in the middle of a 'death spiral'???? Please, someone, anyone.....Bueller?
our economy is strong, recovery is over, rate hike next month
Dafuk?
What the fuck are these guys smoking? I thought this was drama, not comedy.
I am really starting to wonder whether this guy lacks political intelligence, or is he increasingly erratic because of the pressure and desperation ? This is high politics Tsipras, seeking a court ruling is a demonstration of a fundamental lack of insight in how to move further.
My guess is that its more of a PR move, like most of the moves he has made, in order to convince the "democratic people of europe" of the justice of his arguments.
No. The people want what cannot be had, EU membership AND to not pay the odious debt. They cannot pay the debt, so we got that much under control. He has to LOOK LIKE he is trying to secure the other, EU membership, in order not to get a bullet in the brain before Sunday.
Or, could it be that Putin would like for Greece to remain in the EU so that he can control votes against Russia, say for instance a Sanctions vote?
Tsipras is covering ALL the angles.
It's in his interests to appear he wants to stay in as this was supposedly the wish of the Greek people.
Now he can point fingers at the EU if they exclude Greece. He's learning quickly.
Maybe. That's giving him a lot of credit.
Hmmm..."closes Banks and calls it capital control."
That's one way to look at it.
The other is NO ONE HAS ANY OF THEIR OWN MONEY NOW!
TSIPRAS: GREECE WILL NOT BE THROWN OUT OF EURO, COST TOO GREAT
Sometimes your best calculations are wrong
+1000, ah make a trillion...
Yes, if debt was always "paid back" the word "default" would not exist. But what the fuck do I know, just look at what the word collateral means now...
Since. The value of the euro has already been crushed....why close the Banks again?
Close the markets too?
Talk about a "legal fiction"!
Meanwhile .... in China ....
I simply can't understand why these guys are so determined to stay inside this nightmarish Eurozone/EU. This is the organization that got them into this position in the first place. Permanent servitude. This is their best shot to get out, default and reset. Yet, he seems to be almost pleading to stay in. I don't get it at all.
they? who is they?
Tsipras and his people...at least that's what he appears to be pushing.
The euro is already a worthless piece of shit paper.
Close the Banks?
Dude you had 'Em going the whole time!
Now they want their worthless money back and they're gonna blame you!
My take is that the outcome is probably already set, whatever that may be, and most or all of this is just posturing.
Yoiu're right. But usually the outcome, is the one that is less apparent before the event. So my take is Greece gets a slightly better deal, makes it look like a "good" one, everyone's happy.
So many in here wrote in April already he'd fold, he'd blink...look where we're at now! You may still be right but he has definitely proven that he's up for a fight and I bet Varoufakis and Tsipras know who they're up against!
It's very simple and summed up well the other day. Euro yes austerity no. This is the grek division of the FSA with the Germans paying.. Juncker may get his wish that the Greeks aren't leaving. Neglecting Germany may have to have them pay to stay.
Simple to understand.
Membership in the Euro was an IMPROVEMENT over local politicians running the national currency into the ground every decade or so.
Judging from my divorce, bringing in the lawyers isn't going to make this quicker, cheaper, or less painful.. So the Greek position will be the ECB must not "suffocate" Greek banks, in other words they must continue to loan them money that will never be repaid? Interesting. Is that like alimony?
I think you might be on to something.
This is WORSE than getting kicked out!!!!
Can you imagine if every PIIG nation was like..."fuck it im not paying and you can't kick me out either"
That's the worst imaginable situation!!!!
This is like a divorce and Tsipras wants the motherfucking dog.
They just mght bring this mother fucker down if Podemos jumps on this line of thinking.
Greece-the battered housewife who won't leave her husband
Greece and Italy are the primary gateways for 100's of 1000's of economic and war 'refugees' from Asia minor and Sahara. And that total is rising every day. If Greece becomes a failed state and pass thru country it will destabilize the Eastern Med (which ain't looking too stable right now anyways...)
EU will have to deal with Greece one way or another. Immigration to Northern Europe is becoming the hot button issue - even more so than the Euro.
I don't think the EU aristocracy have really caught on to this yet. They're facing a wave of immigration akin to the barbarian hordes that sank the Roman Empire, but like most entrenched elites, their main concern is intercine squabbling, greed, and prestige.
They were honestly blindsided by Tsipras' call for a referendum. And he called for it because they yanked back their negotiating position to basically "Give us all or you get nothing." Three days before they had been willing to negotiate. So I think they got greedy. The Greeks had gone in blowing hot, but had backtracked bit by bit by bit trying to accomodate them, stayed up late, brought in reams of papers and proposals, and generally played good little submissives. So the Mighty EU representatives thought they could have it all, and not have to give a millimeter, slapping Varoufakis with an ultimatum that demanded what Syriza had said from Day One they couldn't give. And they honestly thought that Tsipras would roll over and beg. So I think these Great Technocrats are a little detached from reality. They've had so much power for so long, they don't realize that they can't just issue commands and have them obeyed ALL THE TIME.
The immigration thing seems like just a minor irritation at the periphery of their domains. They don't realize how huge it is, or how deep of kemshih they're already wading in.
Well I dont have a problem with Greece staying in EU and neither have her other citizens. We only dont want to give them single penny in endless bailouts, other than that Greece doesnt bother me. Its them that wont be able to survive without financial support but if they think they can and insist on staying then by all means...
"Mr Prime Minister Tsyprus? There's a man from Thesolonniki with a gun pointed at me saying if you don't open the Banks he's goimg to...
Hello?
Hello?
Mr Prime Minister?
"Well I dont have a problem with Greece staying in EU and neither have her other citizens. We only dont want to give them single penny in endless bailouts, other than that Greece doesnt bother me."
You are not giving money to Greeks.
It is really unfortunate that so many ZHers believe CB's and MSMs propaganda on PIIGS debt crisis.
I understand what you mean, my point was not as much where that money go as to not pay for anything related to Greece in general - i.e. bailouts.
In a very real way they ARE giving money to Greeks, or at the very least they are getting deeply invested in a government that refuses to pay its debts. Banks all over Europe are holding Greek bonds. If they default and the banks get hit, who do you think are going to be made to absorb the losses? The people of Europe. The banksters certainly won't. Whether through inflation, bailouts, bail-ins, negative interest rates, or whatever scheme they come up with...the rest of Europe will end up paying for Greece's irresponsibility.
The knock off from this is going to reverberate through Portugal, Spain, Italy and beyond. Gotta wonder how well Marie Le Pen's party will do in coming French elections.
IF any of this didn't follow a certain agenda or design, both Varouk and Tspiras would have been killed by now.
At this stage it's not so easy to kill them, imagine the response from Greece in this? The sympathy wave toward Syriza...no they have to find other ways, but I know they're looking at options as we write!
I hope so.
The Greeks are terrible are they ? remind me who are the largest debtors in the entire world and are largely responsible for this banker debt war bullshit in the first place
The Greeks are terrible are they ? remind me who are the largest debtors in the entire world and are largely responsible for this banker debt war bullshit in the first place
The whole project is ego driven... no different to every war (hot, cold or financial) that has ever been fought... what amazes me is how the bullshit continues on in this Fiat currency, nothing is as it seems, upside down world.. Maybe the whole thing is a game/matrix of deception and the people are in a deeper sleep that we on ZH realise.
Regardless, I believe I woke from that sleep a year ago, got an alternative education on ZH and consequently got into gold bullion and now I want to give something back.
For those of you not actually in the physical metal .. I can highly recommend it.. because no matter what goes on in the EU Punch and Judy show... my stress levels reduced 90% knowing I have some bullion.
You might think I'm just spamming, but I'm not... I'm deadly serious! I got involved in a German company called Karatbars International who produce Gold Bullion in small weights and boy am I glad on so many levels.
They developed an incredibly lucrative affiliate marketing system to get their product to market... Its free to join at the basic level although if you decided to go all in to earn the highest commissions the buy in price is essentially peanuts... FFS my day job Personal Indemnity insurance costs more per month!!
The downside is it's more a mass education programme than marketing,,, because aside from ZeroHedgers the financial IQ out there is well down the trickle down economic cascade and those people need to be educated to get some AU!
SPAM ALERT.
This is blatant but very clever advertising. Looks like pyramid marketing, sorry affiliate marketing.
Piss off.
Tspiras is quite a slippery chap. He knows the Greeks aren't going to vote against the EU, and then he'll have the necessary political cover to implement much of what the European State seeks.
Does Tsiprias know that it was the EU and IMF that invented NAIL GUNS?!?
How many times do we have to see this B.S. before we call these criminals for what they are. Tspiras is a NWO puppet. He is being instructed on what to say and do. He works for the global syndicate not the Greek people.
So far he is doing a great job for the Greek, like Obama is doing a great job to turn US into Mexico twin brother.
Did you overhear the instructions?
The only instructions we know about are Nuland's to Poroshenko:
"Tell Gazprom you won't buy any gas after June 30. That should put Russia out of business."
"Yes M'am"
Go back and review what Joesph Stieglitz, former Chief Economist for the World Bank said right after he left in 2002 about the ruthless way these criminals were going to take us down. All these countries are controlled and the chicken shit theater you are witnessing is scripted. Greek debt is mostly made up. The EU banks are Daisey-chained and rigged to blow just like the Twin Towers.
And BTW- I find your lack of faith, disturbing.
I doubt the EU will cut Greece loose willingly.
Ultimately it's all about power and control of member countries over the longer term.
Plus they probably don't like the idea that Greece may look to develop closer ties with Russia if they exit.
If Tsipras gets his injunction to stay in the Euro, it might work well for others who want to destroy the Euro currency. They can keep attacking it from the outside while Greece is destroying it from within. Sooner or later it will crash.
https://www.youtube.com/watch?v=Afl9WFGJE0M
If Greece can force their way into the EU and not pay anything then I want to join. I only need one billion. The EU is dead, long live the EU!
https://www.youtube.com/watch?v=xmWJbVK5cbY
"Members Only"
Uncle Larry's hooked on ice againHe seems to be stuck in the 80's
He wears his members only jacket
Cause he thinks it turns on all the ladies
And all the white folks shake their asses
Looking for the two and four
I'll have mine in martini glasses
Cause I can't take it anymore
These are the days of empty kitchens
The rise and fall of Mary Ellen's hairdo
I think she's found a new religion
Studying the Kabalah in her J Crew
And all the rich kids shake their asses
Looking for the two and four
Well I'll have mine with Blackstrap molasses
Cause I can't taste it anymore
No I can't taste it anymore
My friend Greg says it's all good
As the eastern seaboard's blown away
Now everything is going half-price
So look at all the money we saved
And all the politicians shake their asses
Looking for the backdoor
I'll just be hanging out with the lasses
Cause they don't like the boys no more
No and I can't take it anymore
This is interesting because Tspiris is right, there are no provisions for leaving the EU. The lack of a provision was no oversight, it was meant to keep member states from having the option of leaving. However, their heavy handedness may actually back fire here. Purposefully leaving out an exit also means they can't eject a member state. looks like Greece may enjoy a free ride indefinitely.
"there are no provisions for leaving the Euro."
There. It's fixed.
Tsipras specifically refers to not leaving the euro. Says nothing about leaving the EU.
it's not fixed.
it's more of a bus load of divergent views shining from your statments.
Wise up. Visit enddivergentviews.com
Busload of divergent views? WTF are you talking about? Quote from Greece:
"we are taking advice and will certainly consider an injunction at the European Court of Justice. The EU treaties make no provision for euro exit and we refuse to accept it. Our membership is not negotiable."
Note the word "euro" in the above, and tell me about 'divergent views'....
just shakin your tree, vic.
Here's your reply to me yesterday:
It makes no more sense than mine does.
I have no divergent views. No one here supports Russia and Putin more than I. There are a few whose feelings equal mine but none stronger.
There are many ongoing battles between the East and West these days. There's Ukraine. Riots in Armenia and Macedonia, Some stuff in Montenegro and the Greek (Russian) conflict with the EU.
Keep an eye out for intentional mixed messages. Mostly from their side, but some from the good side too.
It's a tactic in warfare, cold or hot. When you hear a government official or an army officer say something divergent, it prolly was said to confuse somebody. :-)
"there are no provisions for leaving the Euro."
There. It's fixed.
Tsipras specifically refers to not leaving the euro. Says nothing about leaving the EU.
Exit from the euro is not the same as exiting the EU. For example, Britain is a member of the EU that doesn't use the euro. It is unlikely that Greece would be forced to leave the EU.
As for the euro, I think that the ECB will simply terminate ELA assistance for Greece and crash the Greek banking system. Actually Greece already crashed its banking system and the ELA is just papering over the problem. So Greece will probably decide to leave the euro in order to "fix" its broken banks.
Heh, Message to Merkel, "You're done indulging in the pleasures of your trophy wife, but I'm not leaving these digs. In fact, you might want to take some of the staff quarters because I'm staying a step away from the pool, and the cook and house help is something I'm not giving up. Also all those toys your step kids have I'm sending someone to bring down. Better yet, have one of your staff bring the stuff over. And don't call--I'm entertaining tonight."
Tsipras is right, there is no legal treaty that enable Europe to throw out Greece despite media constant push for this. The only thing Europe can do is cut off the money and have an Argentina economy within Europe...
I'm inclined to think that Tsipras isn't this stupid. The Eurozone doesn't need to kick him out, they just need to lock him out of the banking system, which they did this weekend. He'll need to leave on his own if he wants to ever open up his country's banking system again. It's not as if the EU court of justice is going to command Germany, et al to pony up more loans.
Tsipras is just setting up the EU as his scapegoat, so he can blame them for all the fallout from the Grexit that he wants/was elected to effect.
As Tsipras always told: Germans taxpayers were to generous with a system unwilled to pay for its own wealth. The only problem in his argumentation: He demands even more generosity - because any reform could cost his power.
If Miss Merkel would have said "no" in 2010, there wouldn't exist all this problems - Greece would have turned to reality long ago. Now the whole currency beginns to stagger.
There wasn't (isn't) a bailout provision either (§125) - but E(M)U-laws are mainly made for voters-showcases.
When things get serious there is only one law in use: the bankers law ("regnat argentaria")
it boils down to the question - can greece print euros or not ?
The fact that human-predators of the politician variety actually WANT to be slaves of other human-predator politicians is rather amazing.
I'm trying to think of something clever to say about this, but instead, I want to ask others to attempt to make sense of this for me.
Why do big-shots not want to be bigger-shots?
How do you explain this?