Skip to toolbar

Another Banksters Man: Tsipras Like O’Bama, Funded by George Soros, Made Prosmises to Get Elected He Never Intended to Keep (How Governments Get Hijacked!)

Greece bailout: Prime Minister Alexis Tsipras faces vote of confidence after Syriza revolt

Greek Prime Minister Alexis Tsipras checks his watch as he delivers his speech at the end of a night parliamentary session in Athens, Greece, August 14, 2015 (REUTERS/Christian Hartmann)
REUTERS/Christian Hartmann

The €85 billion bailout deal passed with support from opposition parties

The Greek Prime Minister Alexis Tsipras will face a vote of confidence after a huge number of Syriza MPs voted against his government’s bailout.  The €85 billion package – which introduces sweeping austerity measures – was ultimately approved with support from opposition parties after an all-night parliamentary session.

In total, 222 MPs backed the deal, 64 opposed, and 11 abstained.

Greek media, however, is reporting that the number of government MPs who voted in favour of the deal was not enough for Tsipras to avoid a confidence vote.

By one calculation, there were only 118 ‘Yes’ votes from coalition partners Syriza and Independent Greeks; two below the number needed for the Prime Minister to maintain his majority.

There were 32 ‘No’ votes from Syriza members, and 11 abstentions.

The leader of the Syriza rebels, former energy minister Panagiotis Lafazanis, last night called for a new movement to fight the deal —which will impose fresh tax increases, pension cuts and market reforms.

Former finance minister Yannis Varoufakis was among those who voted against the bailout.

If Tsipras loses the confidence vote – which is expected to be held after August 20 – it could trigger a snap election.

The German government is unlikely to be pleased with that development as they must approve the deal next week.

Yannis Varoufakis voted against the bailout (AFP/Getty) Yannis Varoufakis voted against the bailout (AFP/Getty) But Syriza drama aside, the vote means that Greece will probably get its international bailout and avoid default next week, when it is due to repay €3.2bn to the European Central Bank (ECB).

Parliament approved the three-year package after hours of heated debate. MPs voted at 9:30 local time, six hours after the debate began — government procedure had delayed it until the middle of the night.

Eurozone finance ministers will today meet in Brussels to inspect the agreement and decide whether to grant Greece the money.

 See How Yannis Varoufakis, a supreme Greek patriot, is now threatened with treason for doing what is best for the interests of the average ordinary Greek person:

Varoufakis reveals cloak and dagger ‘Plan B’ for Greece, awaits treason charges(to the Banksters-my comment here)

Former Greek finance minister Yanis Varoufakis claims he was authorised by Alexis Tsipras to look into a parallel payment system

Facebook
10K
Twitter
3K
Pinterest
1
LinkedIn
235
Share
13K
Email

Yanis Varoufakis claims he had approval to plan a parallel banking system Photo: Kostas Tsironis/Bloomberg

Transfer money with The Telegraph, trusted by over 7000 readers

The Telegraph and leading foreign exchange experts Moneycorp have partnered to provide the Telegraph International Money Transfer Service
Sponsored by Telegraph Money Transfer

A secret cell at the Greek finance ministry hacked into government computers and drew up elaborate plans for a system of parallel payments that could be switched from euros to the drachma at the “flick of a button”.

The revelations have caused a political storm in Greece and confirm just how close the country came to drastic measures before premier Alexis Tsipras gave in to demands from Europe’s creditor powers, acknowledging that his own cabinet would not support such a dangerous confrontation.

Yanis Varoufakis, the former finance minister, told a group of investors in London that a five-man team under his control had been working for months on a contingency plan to create euro liquidity if the European Central Bank cut off emergency funding to the Greek financial system, as it in fact did after talks broke down and Syriza called a referendum.

The transcripts were leaked to the Greek newspaper Kathimerini. The telephone call took place a week after he stepped down as finance minister.

“The prime minister, before we won the election in January, had given me the green light to come up with a Plan B. And I assembled a very able team, a small team as it had to be because that had to be kept completely under wraps for obvious reasons,” he said.

Yanis Varoufakis (right), Greece’s former finance minister, with Prime Minister Alexis Tsipras

Mr Varoufakis recruited a technology specialist from Columbia University to help handle the logistics. Faced with a wall of obstacles, the expert broke into the software systems of the tax office – then under the control of the EU-IMF ‘Troika’ – in order to obtain the reserve accounts and file numbers of every taxpayer. “We decided to hack into my ministry’s own software programme,” he said.

The revelations were made to a group of sovereign wealth funds, pension funds, and life insurers – many from Asia – hosted as part of a “Greek day” on July 16 by the Official Monetary and Financial Institutions Forum (OMFIF).

Mr Varoufakis told the Telegraph that the quotes were accurate but some reports in the Greek press had been twisted, making it look as if he had been plotting a return to the drachma from the start.

“The context of all this is that they want to present me as a rogue finance minister, and have me indicted for treason. It is all part of an attempt to annul the first five months of this government and put it in the dustbin of history,” he said.

“It totally distorts my purpose for wanting parallel liquidity. I have always been completely against dismantling the euro because we never know what dark forces that might unleash in Europe,” he said.

The goal of the computer hacking was to enable the finance ministry to make digital transfers at “the touch of a button”. The payments would be ‘IOUs’ based on an experiment by California after the Lehman banking crisis.

A parallel banking system of this kind would allow the government to create euro liquidity and circumvent what Syriza called “financial strangulation” by the ECB.

Greek needs to kick out the IMF & European Central Bank and use their own citizens tax revenues to create a Greek Bank independent of all foreign interests.  They should also be paid back the billions Germany owes them from WWII-end of problem for the Greeks.  Unfortunately for the Banksters who are bankrupt and need to loot everybody more it would be the end of their looting!  Follow Iceland…Greek needs to do an Iceland.

 

You may also like...

Translate »