Friday, February 20, 2015

2015-02-21 GREECE and the Banksters

2015-02-21 GREECE and the Banksters
===========================
Pepe Escobar
CYCLOPS WINS
This is completely crazy.
For EVERY devalued euro the Greek government saved - via “spending cuts”, more taxes, hurling people towards unemployment, etc. - the Greek economy CONTRACTED by €1.20.
The troika “remedy” – austerity – led to Greece’s debt to GDP ratio going UP, and NOT down.
And this is what the troika, Medusa/Cyclops Merkel, panzer Schauble et regalia want to go on.
Tsipras and Mister V. should grow some balls and GO NUCLEAR.
REALLY go for a Grexit. And mean it. Then let’s see if the panicked troika won’t sue for peace. Imagine the headlines: "Merkelator, the euro eliminator", etc..
Like ·  · 
Posted by at No comments:

2015-02-20 GREECE and the Banksters - please help me read the banksterse

2015-02-20 GREECE and the Banksters - please help me read the banksterse
==============
Following is the text of today's agreement from a couple of hours ago. I can read English, but I need HELP with this one... smile emoticon


'2015-02-20 GREECE and the Banksters - please help me read the banksterse ============== Following is the text of today's agreement from a couple of hours ago. I can read English, but I need HELP with this one... :) ____ Eurogroup statement on Greece Eurogroup 20/02/2015 21:00 Statement and remarks 1100/15 Economy & finance 20/02/2015 | 21:00 Press contacts Simone Boitelle +31 613218891 The Eurogroup reiterates its appreciation for the remarkable adjustment efforts undertaken by Greece and the Greek people over the last years. During the last few weeks, we have, together with the institutions, engaged in an intensive and constructive dialogue with the new Greek authorities and reached common ground today. The Eurogroup notes, in the framework of the existing arrangement, the request from the Greek authorities for an extension of the Master Financial Assistance Facility Agreement (MFFA), which is underpinned by a set of commitments. The purpose of the extension is the successful completion of the review on the basis of the conditions in the current arrangement, making best use of the given flexibility which will be considered jointly with the Greek authorities and the institutions. This extension would also bridge the time for discussions on a possible follow-up arrangement between the Eurogroup, the institutions and Greece. The Greek authorities will present a first list of reform measures, based on the current arrangement, by the end of Monday February 23. The institutions will provide a first view whether this is sufficiently comprehensive to be a valid starting point for a successful conclusion of the review. This list will be further specified and then agreed with the institutions by the end of April. Only approval of the conclusion of the review of the extended arrangement by the institutions in turn will allow for any disbursement of the outstanding tranche of the current EFSF programme and the transfer of the 2014 SMP profits. Both are again subject to approval by the Eurogroup. In view of the assessment of the institutions the Eurogroup agrees that the funds, so far available in the HFSF buffer, should be held by the EFSF, free of third party rights for the duration of the MFFA extension. The funds continue to be available for the duration of the MFFA extension and can only be used for bank recapitalisation and resolution costs. They will only be released on request by the ECB/SSM. In this light, we welcome the commitment by the Greek authorities to work in close agreement with European and international institutions and partners. Against this background we recall the independence of the European Central Bank. We also agreed that the IMF would continue to play its role. The Greek authorities have expressed their strong commitment to a broader and deeper structural reform process aimed at durably improving growth and employment prospects, ensuring stability and resilience of the financial sector and enhancing social fairness. The authorities commit to implementing long overdue reforms to tackle corruption and tax evasion, and improving the efficiency of the public sector. In this context, the Greek authorities undertake to make best use of the continued provision of technical assistance. The Greek authorities reiterate their unequivocal commitment to honour their financial obligations to all their creditors fully and timely. The Greek authorities have also committed to ensure the appropriate primary fiscal surpluses or financing proceeds required to guarantee debt sustainability in line with the November 2012 Eurogroup statement. The institutions will, for the 2015 primary surplus target, take the economic circumstances in 2015 into account. In light of these commitments, we welcome that in a number of areas the Greek policy priorities can contribute to a strengthening and better implementation of the current arrangement. The Greek authorities commit to refrain from any rollback of measures and unilateral changes to the policies and structural reforms that would negatively impact fiscal targets, economic recovery or financial stability, as assessed by the institutions. On the basis of the request, the commitments by the Greek authorities, the advice of the institutions, and today's agreement, we will launch the national procedures with a view to reaching a final decision on the extension of the current EFSF Master Financial Assistance Facility Agreement for up to four months by the EFSF Board of Directors. We also invite the institutions and the Greek authorities to resume immediately the work that would allow the successful conclusion of the review. We remain committed to provide adequate support to Greece until it has regained full market access as long as it honours its commitments within the agreed framework.'
____
Eurogroup statement on Greece
Eurogroup
20/02/2015 21:00 Statement and remarks 1100/15 Economy & finance
20/02/2015 | 21:00
Press contacts
Simone Boitelle
+31 613218891
The Eurogroup reiterates its appreciation for the remarkable adjustment efforts undertaken by Greece and the Greek people over the last years. During the last few weeks, we have, together with the institutions, engaged in an intensive and constructive dialogue with the new Greek authorities and reached common ground today.

The Eurogroup notes, in the framework of the existing arrangement, the request from the Greek authorities for an extension of the Master Financial Assistance Facility Agreement (MFFA), which is underpinned by a set of commitments. The purpose of the extension is the successful completion of the review on the basis of the conditions in the current arrangement, making best use of the given flexibility which will be considered jointly with the Greek authorities and the institutions. This extension would also bridge the time for discussions on a possible follow-up arrangement between the Eurogroup, the institutions and Greece.

The Greek authorities will present a first list of reform measures, based on the current arrangement, by the end of Monday February 23. The institutions will provide a first view whether this is sufficiently comprehensive to be a valid starting point for a successful conclusion of the review. This list will be further specified and then agreed with the institutions by the end of April.

Only approval of the conclusion of the review of the extended arrangement by the institutions in turn will allow for any disbursement of the outstanding tranche of the current EFSF programme and the transfer of the 2014 SMP profits. Both are again subject to approval by the Eurogroup.

In view of the assessment of the institutions the Eurogroup agrees that the funds, so far available in the HFSF buffer, should be held by the EFSF, free of third party rights for the duration of the MFFA extension. The funds continue to be available for the duration of the MFFA extension and can only be used for bank recapitalisation and resolution costs. They will only be released on request by the ECB/SSM.

In this light, we welcome the commitment by the Greek authorities to work in close agreement with European and international institutions and partners. Against this background we recall the independence of the European Central Bank. We also agreed that the IMF would continue to play its role.

The Greek authorities have expressed their strong commitment to a broader and deeper structural reform process aimed at durably improving growth and employment prospects, ensuring stability and resilience of the financial sector and enhancing social fairness. The authorities commit to implementing long overdue reforms to tackle corruption and tax evasion, and improving the efficiency of the public sector. In this context, the Greek authorities undertake to make best use of the continued provision of technical assistance.

The Greek authorities reiterate their unequivocal commitment to honour their financial obligations to all their creditors fully and timely.

The Greek authorities have also committed to ensure the appropriate primary fiscal surpluses or financing proceeds required to guarantee debt sustainability in line with the November 2012 Eurogroup statement. The institutions will, for the 2015 primary surplus target, take the economic circumstances in 2015 into account.

In light of these commitments, we welcome that in a number of areas the Greek policy priorities can contribute to a strengthening and better implementation of the current arrangement. The Greek authorities commit to refrain from any rollback of measures and unilateral changes to the policies and structural reforms that would negatively impact fiscal targets, economic recovery or financial stability, as assessed by the institutions.

On the basis of the request, the commitments by the Greek authorities, the advice of the institutions, and today's agreement, we will launch the national procedures with a view to reaching a final decision on the extension of the current EFSF Master Financial Assistance Facility Agreement for up to four months by the EFSF Board of Directors. We also invite the institutions and the Greek authorities to resume immediately the work that would allow the successful conclusion of the review.

We remain committed to provide adequate support to Greece until it has regained full market access as long as it honours its commitments within the agreed framework.
Posted by at No comments:

2015-02-20 GREECE and the Banksters

2015-02-20 GREECE and the Banksters
======================
Somebody chickened out, not clear who...
Posted by at No comments:

2015-02-20 GREECE and the Banksters

2015-02-20 GREECE and the Banksters
==============================
Greek standoff with Germany could derail European economy – UK Chancellor
Athens’ standoff with EU creditors over the terms of Greece’s bailout risks turning into “a full-blown crisis” that could derail Europe’s economy, Chancellor George Osborne warns.
RT.COM

Posted by at No comments:

2015-02-20 GREECE and the Banksters

2015-02-20 GREECE and the Banksters
==============================
ECB prepares for Greece’s exit from euro - media
The European Central Bank is preparing a contingency plan for Greece leaving the single currency zone. According to Germany’s Spiegel magazine it looks at ways to keep the rest of the eurozone untouched.
RT.COM

Posted by at No comments:

2015-02-20 THAILAND: Happy New Year of the Sheep

2015-02-20 THAILAND: Happy New Year of the Sheep
===================
Pepe Escobar
Have (psychedelic) ride, will travel; Year of the Sheep, Thai-style.
Posted by at No comments:

2015-02-20 US under the Greater Depression - Debtors' Prisons

2015-02-20 US under the Greater Depression - Debtors' Prisons
===================================
167,917 Views
Brave New Films: Justice with Brave New Films
Debtors prisons are alive and thriving in America today. WATCH "To Prison For Poverty":http://bit.ly/1MBzS6M
SHARE because being poor should never be a crime!
Like ·  · 
Posted by at No comments:

2015-02-20 BRICS: It's the end of the worlds as we know it..

2015-02-20 BRICS: It's the end of the worlds as we know it..
======================
Russia ratifies $100bn BRICS New Development Bank
The Russian State Duma has ratified the $100 billion BRICS bank that’ll serve as a pool of money for infrastructure projects in Russia, Brazil, India, China and South Africa, and challenge the dominance of the...
RT.COM
Posted by at No comments:

2015-02-20 ISRAEL: Evidence of systemic criminality by Netanyahu to be investigated

2015-02-20 ISRAEL: Evidence of systemic criminality by Netanyahu to be investigated
===========================
The evidence is mostly related to relatively small sums, routinely embezzled in the official residence by Netanyahu and his wife.
However, State authorities have refused for years to investigate the most direct evidence of Netanyahu's connection to Israeli organized crime - smuggling of an electronics container, which was followed by the murder of an intelligence source. (see link in comment below).
http://www.haaretz.com/news/national/.premium-1.643343
Number of Netanyahu scandals prods AG into action - National
Raw material from State Comptroller's report into Netanyahu expenses controversies persuades attorney general that more serious investigation may be called for.
HAARETZ.COM
Posted by at No comments:

2015-02-20 RUSSIA

2015-02-20 RUSSIA
===============
Gang of killer 'cleaners' on anti-hobo crusade caught by Moscow police
A suspected couple of serial killers have been arrested in Moscow, investigators reported. They are believed to have killed at least seven people in a crusade to...
RT.COM

Posted by at No comments:

2015-02-20 NEW: Leak for pay - by Bitcoins...

2015-02-20 NEW: Leak for pay - by Bitcoins...
=======================
https://medium.com/…/darkleaks-information-blackmarket-1ee5…
Introducing Darkleaks
The blackmarket running on the bitcoin block chain for leaking confidential secrets, hollywood movies, software exploits…
MEDIUM.COM|BY ZOZAN CUDI

Posted by at No comments:

2015-02-20 SURVEILLANCE: SAMSUNG TV joins the crew...

2015-02-20 SURVEILLANCE: SAMSUNG TV joins the crew...
===================
Not just listening: Samsung TVs send out unsafe ‘unencrypted’ data
Not only do Samsung TVs “listen in” on their owners, but when they do, they send data to third parties without any encryption – making it easier to intercept and decode.
RT.COM

Posted by at No comments:

2015-02-20 AVG: Android PowerOffHijack

2015-02-20 AVG: Android PowerOffHijack
========================
PowerOffHijack: New Android malware spies from 'shut down' smartphones
A new malware for Android devices is capable of making calls, sending out text messages to third parties and taking photos even after the user has apparently...
RT.COM
Like ·  · 
Posted by at No comments:

2015-02-20 SNOWDEN: SIM Heist

2015-02-20 SNOWDEN: SIM Heist
====================
http://rt.com/usa/233903-snowden-sim-card-hack/…
Snowden docs reveal mass cell phone hack through ‘Great SIM Heist’
Top secret documents previously provided by former NSA contractor Edward Snowden have revealed that the US and Britain broke into the network of the world’s largest SIM...
RT.COM

Posted by at No comments:
Subscribe to: Posts (Atom)