April 26, 2024

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Suicide Vote says Greek Central Bank Governor

So even the private bankers are now openly threatening the Greek population as opposed to respecting the wishes of the people and working out a solution which fits in to their demands

Greece faces ‘suicide’ vote on austerity
Financial Times
June 28, 2011

Greece will be committing “suicide” if its parliament fails to back sweeping austerity measures aimed at averting a catastrophic default, according to the head of the country’s central bank.

The stark warning by George Provopoulos, governor of the Bank of Greece, further heightened the stakes ahead of a knife-edge vote on Wednesday in the Greek parliament.

It came as Athens’ police fired tear gas after protests at the severity of the measures imposed by the European Union and International Monetary Fund turned violent.

Speaking to the Financial Times, Mr Provopoulos expressed concern that Greece’s economic crisis had been played down by politicians over the past 18 months as the country lurched towards a possible default.

“We have never really had a debate in this country about what went wrong. In Portugal the new government has come in and said that there will be a difficult two years ahead. We have not had that kind of talk here,” he said.

Again it shows how out of touch the bankers and politicians are. Difficult 2 years ahead? Not had that kind of talk here? I mean what is he talking about, the Greeks have done nothing but talk about it and more than that they have been living with the consequences for over 12 months.

This kind of talk from politicians smacks of avoidance of the real facts. They do not want to say the real situation so they come up with some other nonsense which they hope will explain the current situation. If something sounds like b***ocks, it usually is.

To top this Provopoulos has contradcited himself within 2 days, to some he has said a no vote is suicide but he also says the measures are a mistake. In the space of 2 days.

(Reuters) – Greek central bank Governor and European Central Bank policymaker, George Provopoulos, warned that a ‘no’ vote by Greek politicians on the country’s austerity measures on Wednesday would be “suicide”.

Greece’s parliament holds a crucial vote later on whether to submit the country to a fresh wave of unpopular austerity measures as it attempts to avoid a debt default [ID:nL3E7HT08P].

Speaking to the Financial Times, Provopoulos sent a stark warning about the consequences if politicians fail to back the plans.

Provopoulos - One day he says yes, the next no
Provopoulos - One day he says yes, the next no

“For parliament to vote against this package would be a crime – the country would be voting for its suicide,” he said.

he also said

George Provopoulos warned that pressure on Greek taxpayers had reached its limits with last week’s announcement of €5.6bn ($7.8bn) of additional measures to plug a gaping hole in the €28bn program of spending cuts and tax increases.
“The package doesn’t give enough emphasis, in my opinion, to cutting expenditure. The extra burden on those already being taxed has exhausted the possibilities,” Mr Provopoulos said in an interview published on Sunday in the Athens newspaper Kathimerini.

Seriously, to me the bankers and politicians seem to be so deep in the web of lies they do not know which way is up anymore.

Which is it? Yes to the Austerity measures or no?

At the end of the day his job should be to make the Greek people’s wishes a reality, not to call their decisions suicide.

If an employee call his manager’s decision suicide he could well be disciplined or perhaps even fired but apparently politicians are immune to their bosses wishes.

But sorry I forgot, Provopoulos in not elected, he does not work for the people, he does not work for the government, he works for a private business.

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