[I will attempt to avoid my additional alternative commentary as this post is already lengthy with the simple display of News-media coverage of the current institutional activities. Yet, I caution readers that the News reports are deceptive. The BRICS are gathering in Ufa, Russia on 9 July 2015 for their seventh annual Summit.
Meanwhile, European summit has some reporters commenting that they will decide whether Greece gets another bailout or leaves the eurozone. I question if institutions move too rapidly and too forcefully the citizens could rebel.
My comments are in brackets. Read comments section. ~Ron]
All mainstream news is painting the Greeks as the bad guys and the Troika as the savior of Europe. Quite frankly, it is really disgusting. Pictures of an elderly Greek pensioner have gone viral depicting what the Troika is deliberately doing to the Greek people trying to punish them for their own failed design of the Euro in a system that is just economically unsustainable.
The heartbreaking photographs of a 77-year-old retiree Giorgos Chatzifotiadis pensioner showing he has just collapsed on the ground openly in tears driven to despair outside a Greek bank with his savings book and identity card strewn next to him on the ground illustrates the horror the Troika is deliberately trying to inflict upon the Greek population.
This image illustrates the core of the issue of how ordinary Greeks are being tormented by EU politicians who pretend to care about people. This is not a Greek debt crisis, this is a Euro Crisis and they refuse to admit that what they designed was solely for the takeover of Europe at the cost of the future of everyone from pensioners to the youth.
Mr Chatzifotiadis had queued up at three banks in Greece’s second city of Thessaloniki on Friday in the hope of withdrawing a pension on behalf of his wife. When he went to a fourth bank and was told he could not withdraw his 120 euros ($180), the ordeal simply became too much as he fell down in tears in total desperation. His comments were simply that he “cannot stand to see my country in this distress”. “That’s why I feel so beaten, more than for my own personal problems,” he said.
This is just the tip of the iceberg. We are facing terrible times ahead because socialism is completely collapsing. Government employees have lined their pockets and this is precisely the end game how Rome collapsed. It was not the barbarians at the gate. It was the the Roman army was not paid and they began hailing their various generals as emperor and the attacked cities who did not support their choice sacking their own people. Only after weakening themselves, then the barbarians came in for easy pickings. If Russia really wants to take Europe, all they have to do is be patient. They will self-destruct for the Troika cannot see any change in thinking for that means they must admit that they were wrong from the outset.
Keep in mind, do not have all your money in one place. Keep a stock of cash outside the bank. Cash is recognizable for daily transactions for now.
Greece Can Join BRICS as a Growing Economy – Official
Greece can join the BRICS if its economy starts growing fast, the head the Russian Chamber of Commerce and Industry, Sergei Katyrin, said on Tuesday, adding that the Greeks’ desire to join in was an important factor.
The world’s four main emerging economic powers, known by the acronym BRIC, standing for Brazil, Russia, India and China, now refer to themselves as BRICS after South Africa joined the four on December 24, 2010.
According to the EU’s statistics office, Eurostat, Greece’s economy exited recession from the first quarter of 2014, recording a feeble 0.8 percent growth to reach 179 billion euros in the first such uptick in five years.
Meanwhile, the country’s sovereign debt stands at a whopping 300 billion.
Greek Prime Minister Alexis Tsipras has called for the country’s creditors — a group that includes the European Central Bank, other European Union countries and the International Monetary Fund — to line up further financial support and to forgive about one-third of the nation’s debt.
The creditors are ready to help out but they demand the implementation of a string of hard-hitting austerity measures in exchange for rescue money.
The Greek government then put the matter to a nationwide referendum, but more than 61 percent of those who voted on Sunday said a resounding “no” to the creditors’ demands for more austerity to keep aid flowing.
Euro Summit on Greece Bailout: Statements – 07 July 2015
Your moment has come, Mr Tsipras, take back control of your country -UKIP leader Nigel Farage
Video posted 08 July 2015
Tsipras given standing ovation by supporters in European Parliament
Video posted 08 July 2015
Greek Prime Minister Alexis Tsipras entered the European Parliament Plenary session in Strasbourg, Wednesday, to a round of applause and a standing ovation by his supporters and sympathisers.
SOT, Alexis Tsipras, Greek Prime Minister (in Greek): “We have now been given a mandate to redouble our efforts in order to get a socially just and economically sustainable solution to the Greek problem without repeating the mistakes of the past, which condemned the Greek economy to a period of never ending and an impasse of austerity which trapped our economy in a recessionary vicious circle.”
SOT, Alexis Tsipras, Greek Prime Minister (Greek): “Today we come with a strong mandate from the Greek people and we are determined not to clash with Europe, but to tackle head-on the establishment in our country and to change the mindset which have taken us and taken Europe down.”
German MEP Weber booed after blasting Tsipras in European Parliament
Video posted 08 July 2015
SOT, Manfred Weber, German MEP (in German): “To be honest, I am grateful to the applause because it shows who is part of the extremist forces here and who wants to destroy Europe.”
SOT, Manfred Weber, German MEP in (in German): “You, Mr Tsipras, like provocation, we like compromises. You like to fail, we like success. You divide Europe and we love Europe. I hope that you get back to reason and present a programme eventually. Thank you.”
German MEP Manfred Weber attacked Greek leader Alexis Tsipras in Strasbourg on Wednesday, branding Syriza an “extremist” force that seeks to “destroy” Europe.
[Transiting to the New Multipolar World Order is a tricky and discreet operation…
The great challenge for the Hellenic (Greece) government is to coexist within the international monetary system of control…
Bluntly stated, that means Greece either remain within the E.U. or have the E.U. bless the Grexit with a new debt partner (Russian Federation or BRICS), and note the fallout with NATO/U.S. geopolitics. Shall we leave the discussions about the BRICS NDB for another time as the BRICS need to focus on opening their new development bank doors on a solid foundation of funds prior to making official loans to urgent cases such as Greece.
Some questions have already been answered, Tsipras is (publicly) seeking E.U. banking aid to remain in the E.U.; behind “closed doors” something is always discreetly taking place without the public knowledge. ~Ron]