Greek politicians in democracy’s uniforms – The century’s greatest scandal.

EU correspondent in Athens: I have never experienced anything like this …….!!!!!

 

Kurt Lykke Lindved Ph.D Culture and Development - UN Lecturer and Writer Honored Dutch Counsel Former CEO in EAC Entertainer and Event Management

Kurt Lykke Lindved Ph.D
Culture and Development – UN
Lecturer and Writer
Honorey Dutch Counsel
Former CEO in EAC Shipping Division (25 years)
Strategic adviser in conflicts and wars.

So much for the Greeks repay a loan before midnight today. The money will be handed over to the International Monetary Fund, IMF. But the country is not going to pay the installments. It announced the Greek Finance Minister Yanis Varoufakis last night.

A bad sign, says the EU correspondent Ole Ryborg from Athens.

– It’s never happened before that a Western country has been unable to pay their mortgage payments to the IMF. It happens to countries such as Zambia and not countries we regard as modern Western economies. So it is an incredibly bad signal, says Ole Ryborg.

Major difficulties in sight.

What you look at now, according Ryborg is how credit rating agencies are responding to the non-payment. So far the announcement, however, that national bankruptcy is not within the immediate vicinity.

_83893547_cd752d3a-ed7d-4548-889e-83029ff9e9e1– Credit rating agencies have said that they do not believe that you are bankrupt, if you do not pay to the International Monetary Fund. It is only if you do not pay the private debt – that is, those who have bought Greek government bonds, typically banks and pension funds, but also private, he says.

If Greece goes bankrupt, the European Central Bank have to unplug and stop supplying the Greek banks, and it would be disastrous for the country.
– If they pull it completely – Greece is in deep trouble, says Ole Ryborg.

2181fe66-2d71-4965-8720-68b8aa9f5db7-bestSizeAvailableOn Sunday, the Greek people must vote for a referendum. Officially they vote on whether Greece should accept the country’s creditors latest compromise proposal, and the clear recommendation from the country’s government is putting its ticked no.

But since the referendum falls five days after the offer expires, assesses the creditors saying that the Greeks actually have to vote on whether the country should be part of the euro zone and not a member.

The announcement from the President of the European Commission, Jean-Claude Juncker is clear: Votes In yes, we will help you. Votes In no, it’s a no to Europe.

It really is a very strange situation. I have never experienced anything like it as well. And6b5f31a1-5319-4066-99ba-a3be9a7c6a89-2060x1236 it’s really hard to see how to move forward.

– But everyone’s instinct is that there must be a solution. You can not just let Greece and 10 million Greeks fall outside any system.

*****
European Commission President, Jean-Claude Juncker, has sent an angry broadside against the Greek government.

The government in Athens, says Juncker, do not tell the Greeks the truth about the proposals made by the Commission to try to help Greece out of its deep debt problems.

_83938179_be505fca-0f4c-4830-886e-9021b79d7fecI do not care about the Greek government. I worry about the people of Greece, Juncker said at a press conference in Brussels.

– The debate in and outside of Greece would be easier if the Greek government would tell exactly what the Commission actually proposes. I blame the government for letting the Greek public know something, that is not consistent with what is told and recorded on video for the Greek Prime Minister.
*****
The EU Commission sharpens the tone against Greece and has now for the first time asset.dr.dk   decided to publish details of the compromise proposal to resolve the Greek debt crisis.

– We have already reduced the aims considerably. There has been quite large concessions and showed considerable flexibility, spokesman for the commission Annika Breidthardt. The goal is for Greece this year to achieve a primary budget surplus of one percent of gross domestic product in 2018, the goal is 3.5 percent. It is reduced from 4.5 percent at the same time, there are two years period –  she says.

Last night struck another attempt to solve the Greek debt crisis error. The Greek delegation left the talks in Brussels after just 45 minutes.

Greece’s prime minister, Alexis Tsipras, holding, according to several media firm in his plan to travel to Moscow later this week despite the tense situation.???_83620862_94059d9f-00d7-4e04-9dbf-3f3f653ce58e

Tsipras says to a Greek newspaper, the need for significant concessions by Greece’s creditors, and Greece will wait patiently. Nothing indicates that the Greek government will come up with a new proposal to solve the debt crisis.

French President Francois Hollande, transmitter according to the news agency dpa a sharp warning to Greece not to waste time.

– Take care now. There is no time to lose, we must look urgently to resume negotiations, says Hollande.

At the same time said Spanish Foreign Minister Jose Manuel Garcia-Margallo, according to AFP, that he sees a real risk that Greece may leave the euro.

Also from Germany comes a sharp warning from spokesman Martin Jaeger of Finance.

4168040efb594e7b8553d8a63e72e0cd_20140703170408310– The ball is in Greece’s court. It is solely up to the Greek side to answer the institutions’ generous offer, says the spokesman told by AFP.

11539655_10207188666574731_7063216116609108619_n klllloooovvvvnKurt Lykke Lindved
France / Spain

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About lindvedpress

Professional – Career * Qualified as a Charter Agent in the East Asiatic Company - Became a State Authorized Shipping Broker in 1969 * Captain in The Sirius Patrol – Greenland at Thule Air Base, 1969-1971 * Postings in New York, New Orleans, Toronto, Rio de Janeiro, Lagos and London as Charter Agent and Manager 1972 – 1983 working for The East Asiatic Company Ltd. – Copenhagen * 24 years with The East Asiatic Company Ltd and subsidiary companies as Charter Agent, Marketing and Development Manager; and General Manager * Supplementary courses and examinations in Maritime and Commercial Law Management. * Founder and Owner of Sonata Production, Art and Music International Inc. – France & Denmark 1995 – present - Entertainment, Lectures, Concerts, Exhibition Events, CD, DVD and Video Recordings. Professional – Freelance * Qualified as trumpet player at Aarhus Music School – Denmark * Professional musician with several orchestras and bands – including the Matadors, Saratoga Jazz Band, Rice Wood Jokers and Aarhus Brass Band. * Leader of ”Show and Entertainment Group 28 Carat” and the Evening & Theatre School 28 Carat * Self-taught Artist (painter) Lecturer and Writer * Responsible for several large Theatre and Exhibition Events Worldwide Awards * Dutch Consul, Denmark * Goodwill Ambassador – Various Non-Profit Organizations
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