Tsipras Wants Money to Forget Democracy

Tsipras is fooling himself.

He did not want more loans linked to awkward structural reforms but free money for nothing.
Waits to be seen what he gets.

I think Greece creditors ..are just pure MORONS...I don't think they are using their own monies but the money on the behalf of you and me..somebody else MONEY...

IMHO.. Given the previous behavior of the Greek government, there is an overwhelming probability that this is all another scam.

Having spoken in the last 3 months to a lot of wealthy Greeks, most of whom are now out.. Greek society and administration is so deeply and endemically corrupt, top to bottom, it is beyond Northern European understanding.

It leads me to believe that whereas Syriza may now agree to a set of very specific the legislative changes , and the implementation of the proposals up for agreement .. it is almost GUARANTEED that they WILL NOT DELIVER. Because they CANT.

To cover.. they will subvert, delay, distort, obfuscate and play every disruptive trick in the book to frustrate the implementation of the conditions they are obliged to.

BUT they will be very clever in frustrating their delivery of their obligations, they will make sure that there is NOTHING MAJOR can be evidenced as a single dealbreaker ..and as such clear and premeditated breach of trust. It will be death by a 000 cuts.
And so will perpetuate a debilitating and divisive ongoing squabble with the EZ institutions responsible for ensuring the Greek compliance with the terms agreed, which will put us back within two years to exactly where we are now.

The strategy will, at an economic level, be similar to that employed by resistance movements in wartime situations. In a recent significant disclosure of attitude and intent Advisers to the Syriza regime disclosed that they approached the negotiations with the EZ as "going to war".. And that in that war having realised that they can have no "victory" using conventional techniques, they will revert to a guerrilla strategy.

So if we take this sudden reversal of of position at face value, as an honest reassessment of their position, (which Syriza desperately need, to avoid ending up within weeks, leave their most vulnerable depending on food parcels.(which would require some explanation to the Greek people which they couldn't politically sustain?)

... and it turns out to be as Ive described, then they will have scammed the EZ out of another 50b money to feed their corrupt system, pay their unsustainable pensions, welfare and government salaries.

You nailed it 100% there.

Just as I predicted. Read my comment #14.

http://www.forexfactory.com/news.php?do=news&id=548719#post8375338

I wonder what happened between Sunday and yesterday. Perhaps some phone call from the other side of the Atlantic? Nonetheless, Tsipras is proposing the measures that Greeks rejected five days ago. Unfortunately, he seems to be following the same "heritage" of people's deception by the Greek politicians.

I agree with the thrust of your statements, though Greek pensions are hardly unsustainable as the majority of pension age population receives meager amounts as it is, so understandably the government as corrupt as it is, was highly reluctant to cut those back even more... until just now.

But leaving aside what makes it impossible for Greece to EVER pay back their creditors, at ANY interest rate (even at 0), in order to assess chances of any new deal/program/settlement working all one needs to know is their economic track record of the last few years. Even after all the previous bailouts, massive debt haircuts forced upon their creditors, all the so called austerity measures (they should really be called forced poverty instead because really it's the poor that get the short end of the stick) - they STILL come back and ask for $50B in rescue funds. And it's being given to them, only deferring the blowup until a bit later and making it even worse (because there's even more debt to repay), as you said - aka kicking the can down the road.

He's kidding himself, sooner or later this guy's get no where to run or hide.
Rallied support and sympathy from the referendum and from across the Atlantic (which he managed to get) in order to undermine EU's political integrity in withholding further bailouts to Greece. Of late, its treachery he's now brewing on both sides of the divide. EU, not Germany must now be a lot wiser than to fall for his latest twist to suck out more bailout money(its tax payer money) from EU with no guarantee he or his ruling party or his government for that matter will carry out the reforms now pledged.


Come to think of it this whole mess with Greece is about the new government so much against austerity. 6 months since taking office Greece has gone deeper into financial crisis and back into recession, with the ruling party blaming others than themselves for Greece woes. About time Greece takes stock of itself. Look at Ireland, Spain, Portugal, Italy and Greece's next door neighbour Cyprus is a role model. Given time and effort, their economies are getting back on track or have improved. Agreed? Nobody says austerity is not painful but look at where these countries are right now? Are they not any better? But if Greece has not gotten any better over the last 5 years of austerity then why? Is there something wrong with the austerity that has somewhat worked for other countries does not work for Greece? Why? Or is there really, really something wrong with Greece? Those questions need to be addressed and the core of the problems rectified prudently instead of doling out more EU's taxpayers money for bailouts yet Greece is still getting nowhere but deeper and deeper into the abyss of debt with no prospect of getting out.

I have said time and time again, don't compare Greece with other nations. Can you compare one person to another?

I quote u Slovakia's Quote:

Slovakia Robert Fico, prime minister:

" If Slovakia managed to carry out reforms then Greece has to be able to do it, too, there is no room for mercy from our side."

Why don't you ask him to be Greece PM?