Public meeting - Greece, austerity & EU bullyboys - Wednesday 29th July 8pm

dublin | economics and finance | event notice Monday July 27, 2015 23:01 by pbp

The EU has enforced a humiliating surrender on Greece. The Syriza government that was elected to end austerity has been forced to implement it. The meaning of Wolfgang Schauble, the German Finance Minister’s infamous phrase ‘we can’t possibly allow an election to change anything’ is now clear.

The scale of the brutality is astounding. To take just one example: there will be a ‘significantly scaled up privatisation programme’ to generate a fund of €50 billion. This fund will then be effectively controlled by the EU to ensure that bank debt and bondholders are paid off. Up to now €7 billion worth of privatisation has been pushed through by other governments in Greece.

The Irish government helped humiliate the Greeks. The former Greek Finance Minister, Yanis Varoufakis, has stated that Ireland – along with Spain and Portugal – were among his ‘energetic enemies’.

He explained why,

‘ the “greatest nightmare” of those with large debts – the governments of countries like Portugal, Spain, Italy and Ireland – “was our success”. Were we to succeed in negotiating a better deal, that would obliterate them politically: they would have to answer to their own people why they didn’t negotiate like we were doing.

This attitude became public when the Labour Minister, Alex White, welcomed the ‘fair’ deal. The Taoiseach, Enda Kenny, went further and claimed that, under the deal Greece, would ‘thrive and prosper’

Speakers: Eyewitness account from Richard Boyd Barrett TD
Live link up with Greek Socialists

When: Wednesday, 29 July, 2015 - 20:00

Text INFO to 0892006953

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