Greek debt is illegal, illegitimate, and odious.

Greeks  battle alone against the Troika for their rightful place in the heart of Europe.

greek flag

Will they go or be pushed out of the euro and the EU?

go or be pushed

Here’s what they think

Hellenic Parliament’s Debt Truth Committee

Key points of  its analysis of Greek Public Debt

*  Greece has been and still is the victim of an attack premeditated and organized by the International Monetary Fund, the European Central Bank, and the European Commission. This violent, illegal, and immoral mission aimed exclusively at shifting private debt onto the public sector.

greece speech

*  Greece not only does not have the ability to pay this debt, but also should not pay this debt because the debt emerging from the Troika’s arrangements is a direct infringement on the fundamental human rights of the residents of Greece.

* The creditors imposed intrusive conditionalities , which led directly to the economic unviability and unsustainability of debt.

* The measures implemented under the “bailout programmes” have directly affected living conditions of the people and violated human rights, which Greece and its partners are obliged to respect, protect and promote under domestic, regional and international law.

Conclusions:

* Greece should not pay this debt because it is illegal, illegitimate, and odious.

* A sovereign state can exercise the right to unilateral act of repudiation or suspension of the payment of debt under international law.
* A State can unilaterally repudiate its illegal, odious, and illegitimate debt.

Remember: 

As for the name, it is called a democracy, for the administration is run with a view to the interests of the many, not of the few

Recommendation:

As you read the Executive Summary of the Report, think about how it applies to your country

http://www.hellenicparliament.gr/en/Enimerosi/Grafeio-Typou/Deltia-Typou/?press=cb2bae76-752a-473b-a943-a4ba00d8da6a

 

irish banks

PS UPDATE

Read what one witness said at the Truth Commission Hearings and learn all about what went on backstage in the rest of Europe  during the Greek crisis   at

http://www.socialeurope.eu/2015/06/bad-faith-why-real-debt-relief-is-not-on-the-table-for-greece/

Refs

http://thepressnet.com/2013/06/30/austerity-and-evections-will-push-people-to-open-revolt/

http://www.toonpool.com/cartoons/greestop_240323

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One thought on “Greek debt is illegal, illegitimate, and odious.

  1. Pingback: Austerity Watch | the mirror@wordpress.com

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