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Rumor Mill News Reading Room, Current Archive

Greeks threatened nationalization of the banks and restoring the national currency the drachma

Posted By: IZAKOVIC
Date: Friday, 3-Apr-2015 11:44:44
www.rumormill.news/14187

Author: Zoran Meter Friday, 03 April 2015 at 16:39

The Greek government has prepared a radical plan to nationalize its banking system and, in parallel with the euro, the introduction of the drachma.

Today the leadership of the International Monetary Fund (IMF) recalled its experts from Athens to mid-April, ie. Until the end of the Easter holidays in Greece, reports German Der Spiegel.

"The IMF believes that the negotiations in Athens at this time will not give any results," said the German newspaper.

Greece has an obligation to, until, the April 9 pay 450 million euros to the IMF of its debt, which will, according to Nikos Teoharakisa, Secretary General of the Greek Ministry of Finance, will be difficult to execute if the country by then fails to produce new resources from abroad. Otherwise, the total amount of Greek debt to foreign creditors is the huge 320 billion euros.

Note that the April 1 for the same newspaper in Greek Interior Minister said, that Greece until April 9, in each case before repaying a debt to pay salaries and pensions to its citizens. He also said that the country has no money only half of this month.

The British Telegraph on April 3 announced that the Greek government has prepared a radical plan to nationalize its banking system and, in parallel with the euro, the introduction of its own national currency the drachma. The drachma is planning to pay pensions and salaries, if Athens fails with the European Union agree on a program of financial support.

More March 18 boss Eurokomisije for Economic and Financial Affairs Pier Moskovich, allowed the cancellation of Greece from the euro common currency. Earlier Index breakup of the euro-zone (EBI), which form the basis of a study of investor opinion, reached its maximum since March 2013. As many as 38 percent of them expressed their opinion that the monetary alliance EU crumble even during this year.

We remind that the EU February 24 extended the program of financial aid to Athens by June 2015. However, the problem is that the Greek government does not want to fully implement austerity measures to which the opposing party insists, because they are the same in recent years have led to poor Greek citizens.

It seems to be dragging on this issue will continue, and the consequences for both sides, if the agreement is not reached soon, completely unpredictable but already knows how I can have far-reaching significance. Easing tensions could contribute and just received the statement of the Greek finance minister about it, that Athens is still able to fulfill its obligation of restoring works of debt for payment over the 9th of this month. The war of nerves continues.

Source:

http://www.dnevno.hr/novac/grci-prijete-nacionalizacijom-banaka-vracanjem-nacionalne-valute-drahme-5670/

---

SESSION 14: PUTIN; ECONOMIC COLLAPSE; REVOLUTION

http://www.rumormillnews.com/cgi-bin/forum.cgi?read=14106

--

IZAKOVIC



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AN EXPLANATION OF THE FACTIONS