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Οι ζημιές μας, κέρδη τους: Η λεηλασία της Ελλάδας, The results of an irresponsible policy

Author: Giannis Siatras

The whole world believed that the "rescue mechanism" worked to save Greece. However, developments proved the opposite. The goal was to save European banks from the "toxic" Greek bonds they held....

The whole world believed that the "rescue mechanism" worked to save Greece. However, developments proved the opposite. The goal was to save European banks from the "toxic" Greek bonds they held. Greece was deceived, wronged, and ridiculed. And the end of this process remains bankrupt and heavily indebted!

How was the "rescue operation" for European banks...

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Description

Description

The whole world believed that the "rescue mechanism" worked to save Greece. However, developments proved the opposite. The goal was to save European banks from the "toxic" Greek bonds they held. Greece was deceived, wronged, and ridiculed. And the end of this process remains bankrupt and heavily indebted!

How was the "rescue operation" for European banks planned? Why does Greek debt remain at the same levels and continue to trouble us? Why are there "funding gaps"? Why does the country remain at the mercy of creditors? What were Greece's losses from the debt crisis? What were the gains of Germany and other Northern European countries? What are the responsibilities of Greek politicians for what has happened in recent years? What is the role and what are the responsibilities of European institutions?

The book explores the critical events that have occurred from the outbreak of the crisis to today, trying to highlight some "dark points," which had a huge impact on the unfolding of events. It proves that Greece was harmed and wronged, both by the behavior of its European partners and by the mistaken policies exercised by the Greek governments of the time. Policies that in some cases could even be characterized as criminal.

The handling of the crisis by Europeans and the IMF aimed to rescue European banks and avoid causing upheavals in the economies of major European countries, regardless of how much this would harm our country. Greece was plundered in many ways.

The main questions the book answers are:

  • Why was this particular "rescue plan" chosen and what was its aim?
  • Why did the European Central Bank buy Greek bonds?
  • Did the troika know that the "rescue plan" would fail to save Greece but succeed in rescuing European banks?
  • How and why were Greek banks destroyed by Greek bonds? Why were they bought?
  • What did Greece lose from the "haircut" of bonds in the spring of 2012?
  • What would have happened if the debt restructuring had been done in either 2008 or 2009?
  • Where did the funds from the "rescue mechanism" go?
  • What did Greece lose from the crisis?
  • What did Germany and other Northern European countries gain?
  • Under what conditions should Greece remain in the Eurozone?
  • Is there a solution for the funding gaps and debt?
  • Will Europe be able to evolve into a union of equal, independent, and sovereign states, or into a "Europe of lenders and debtors"?

Manufacturer

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Specifications

Specifications

Specifications

Author
Giannis Siatras
Publisher
EuroCapital
Language
Greek
Subtitle
The results of an irresponsible policy
Cover
Soft
Number of Pages
398
Release Date
10/2013
Publication Date
2013
Dimensions
14x21 cm
ISBN-13
9789607787057

Book Type

Diversity, Equity & Inclusion (DEI)
No

Important information

Specifications are collected from official manufacturer websites. Please verify the specifications before proceeding with your final purchase. If you notice any problem you can report it here.

See all specifications

Description & Specifications

The whole world believed that the "rescue mechanism" worked to save Greece. However, developments proved the opposite. The goal was to save European banks from the "toxic" Greek bonds they held. Greece was deceived, wronged, and ridiculed. And the end of this process remains bankrupt and heavily indebted!

How was the "rescue operation" for European banks planned? Why does Greek debt remain at the same levels and continue to trouble us? Why are there "funding gaps"? Why does the country remain at the mercy of creditors? What were Greece's losses from the debt crisis? What were the gains of Germany and other Northern European countries? What are the responsibilities of Greek politicians for what has happened in recent years? What is the role and what are the responsibilities of European institutions?

The book explores the critical events that have occurred from the outbreak of the crisis to today, trying to highlight some "dark points," which had a huge impact on the unfolding of events. It proves that Greece was harmed and wronged, both by the behavior of its European partners and by the mistaken policies exercised by the Greek governments of the time. Policies that in some cases could even be characterized as criminal.

The handling of the crisis by Europeans and the IMF aimed to rescue European banks and avoid causing upheavals in the economies of major European countries, regardless of how much this would harm our country. Greece was plundered in many ways.

The main questions the book answers are:

  • Why was this particular "rescue plan" chosen and what was its aim?
  • Why did the European Central Bank buy Greek bonds?
  • Did the troika know that the "rescue plan" would fail to save Greece but succeed in rescuing European banks?
  • How and why were Greek banks destroyed by Greek bonds? Why were they bought?
  • What did Greece lose from the "haircut" of bonds in the spring of 2012?
  • What would have happened if the debt restructuring had been done in either 2008 or 2009?
  • Where did the funds from the "rescue mechanism" go?
  • What did Greece lose from the crisis?
  • What did Germany and other Northern European countries gain?
  • Under what conditions should Greece remain in the Eurozone?
  • Is there a solution for the funding gaps and debt?
  • Will Europe be able to evolve into a union of equal, independent, and sovereign states, or into a "Europe of lenders and debtors"?

Manufacturer

Specifications

Author
Giannis Siatras
Publisher
EuroCapital
Language
Greek
Subtitle
The results of an irresponsible policy
Cover
Soft
Number of Pages
398
Release Date
10/2013
Publication Date
2013
Dimensions
14x21 cm
ISBN-13
9789607787057

Book Type

Diversity, Equity & Inclusion (DEI)
No

Important information

Specifications are collected from official manufacturer websites. Please verify the specifications before proceeding with your final purchase. If you notice any problem you can report it here.