Juncker and Tusk killed Greece on 07 July 2015 to meet the Commission’s summer vacation plan? #Grexit #Greferendum #Graccident

"Do you see how calm he is with the Greek banks shut"? Dijssebloem could as well be telling to Draghi yesterday at the Euro Summit. From left to right, Mario Draghi, Governor of the European Central Bank, Alexis Tsipras, Prime Minister of Greece, Jeroen Dijssebloem, President of the Eurogroup and Finance Minister of the Netherlands. (Council TVnewsroom, 07/07/2015)

“Do you see how calm he is with the Greek banks shut”? Dijssebloem might as well be telling to Draghi yesterday at the Euro Summit. From left to right, Mario Draghi, Governor of the European Central Bank, Alexis Tsipras, Prime Minister of Greece, Jeroen Dijssebloem, President of the Eurogroup and Finance Minister of the Netherlands. (Council TVnewsroom, 07/07/2015)

The worst moment in the history of Eurozone took place on 07 July 2015 in Brussels. The common currency union leaders decided that the moment has come to kick Greece out. Although nobody had the guts to officially announce it yesterday the leaders of the 18 Eurozone countries together with Juncker’s Commission made just yesterday the most horrible political decision since the birth of the Union, to break it.

History in bold

The 07 July 2015 will be an awful day to be remembered in the history books of the future. In order to already have a preview, the names that will be strongly linked with the beginning of the end of the EU will be: Alexis Tsipras, Prime Minister of Greece, Jean Claude Juncker, President of the European Commission, Donald Tusk, President of the European Council, Austrian Chancellor Werner Faymann, Prime Minister of Belgium Charles Michel, President of Cyprus Nicos Anastasiades, Prime Minister of Estonia Taavi Rõivas, Prime Minister Finland Juha Sipilä, President of France Francois Hollande, Chancellor of Germany Angela Merkel, Prime Minister of Ireland Enday Kenny, Prime Minister of Italy Matteo Renzi, Prime Minister of Latvia Laimdota Straujuma, Prime Minister of Lithuania Algirdas Butkevičius, Prime Minister of Luxembourg Xavier Bettel, Prime Minister of Malta Joseph Muscat, Prime Minister of Netherlands Mark Rutte, Prime Minister of Portugal Pedro Passos Coelho, Prime Minister of Slovakia Robert Fico, Prime Minister of Slovenia Miro Cerar and Prime Minister of Spain Mariano Rajoy. All those good 21 powerful European leaders, who compose the European elite today, will be remembered in the eternity for letting Eurozone break and a member state rot in poverty in the 21st century.

50 hours to deliver the impossible

If someone hasn’t watched carefully the statements that the EU leaders made yesterday right after the end of the Euro Summit, she should really do it following this link. Then she will be able to empathise with the distinct pessimism of this article, listening with horror to the words of Donald Tusk, Jean Claude Juncker, Francois Hollande, Angela Merkel and the peer. Leaving aside for a moment the style and attitude of the leaders that distinctly reminds Europe’s most obscure eras, Eurozone’s elite together with the European Commission gave Greece 50 hours to perform the impossible, otherwise they will basically leave the country rot in hell for decades.

Euclid didn’t do his homework

Eurogroup, the unofficial gathering of Eurozone’s finance ministers that lacks any legitimised institution status, was also convened yesterday afternoon before the Euro Summit to monitor the progress and prepare the freshman new Finance Minister, Euclid Tsakalotos, for the downhill that lies ahead. Allegedly, the Greek minister came totally unprepared with some draft notes that were leaked and demonstrate that the purpose of his flight to Brussels was just to show his face. Of course this was pretty much anticipated as the continuously unprepared Greek negotiation team for 6 months now has not been able to do its homework properly. What is new though is what the Eurogroup and the Eurozone leaders demand now from Greece.

Tsipras and the European Sfinx

Euclid Tsakalotos and Tsipras’s government have been asked to solve the riddle in 50 hours that nobody in this planet is able to do, other wise the Sfinx will devour this beautiful historic country of the European South. The Greek government is being asked now to perform Hercules’s 12 labours in 50 hours as a final “generous” offer from the kind European elite to keep them on board. Do you think this is an exaggeration?

How else would you judge Europe’s demand towards the eternally unprepared Greek negotiation team, which is facing so many existence linked problems today, to compose a 2 year detailed financial programme described down to every excel cell, funded by a literally unknown fund, ESM and not only that. The prudent European leaders ask for this gigantic plan to be ready in 2 days, not as a first draft but as the magic rod that will convince the most carnivorous sceptical European bureaucrat and politician with thick glasses that Greece deserves to keep doing business in euros.

20 Dijssebloems can’t do it!

If one thinks about it carefully, this is nonsense as it is something that will never work. Not even 20 Dijssebloems, with their impressive studies in Agricultural economics, are able to deliver this task in such a short notice. Alas, it must be seen either as an attempt to humiliate further the Greek state and its citizens or as a result of the major panic and political inability of the European elite to help the Greeks draw a funding plan from the mysterious ESM mechanism, whose keys very few bureaucrats comprehend today.

Asking your colleagues to perform an impossible timely task to test their commitment is one thing and asking them to start walking on the water or else they will be killed is another. And certainly this is not a conditionality any European who can chew gum and walk at the same time would anticipate to be imposed by “la creme de la creme” EU leaders like Francois Hollande, Angela Merkel or Jean Claude Juncker. What happens these days in Brussels is perfect madness, probably the worst result of a nervous and unsuccessful 6 month negotiation.

Europe seeks revenge for OXI

Unfortunately there is more to it though. Watching Juncker’s, Tusk and Hollande’s speech is enough for the most inspired Pro-European to fall into endless depression. “I will exclude no hypothesis” must be the mildest statement of President Juncker at his yesterday’s statement, referring of course to the scenario of Grexit in the case that an agreement with the Greek side is not reached by Friday. Mr Juncker went on stressing that “the commission is ready for everything. We have a Grexit scenario prepared in detail”. 

This is the first time the President of the European Commission admits that Grexit is the number one plan of the EU today. So for Juncker’s Commission now Grexit is number one option, second is to let the Greeks rot in hell and to send them some “humanitarian aid”, like the UN was doing in Rwanda, and the third and last option is the “improbable” agreement. It is not so much about the words but also the facial expression the President pulled when he said the phrase “Grexit is prepared in detail” and also the long pause following that. Moreover, the powerful EU leader raised his tone and while hitting his hand on the table he said that “the Greek government was not capable to do this (present their proposal) tonight, it has to tell us where they are heading at, the last moment will be Friday morning, at 08.30 am”.

EU must digest Grexit in 2 days

The President of the European Council, Donald Tusk, gave a speech that was quite direct as well announcing in few words the end of Eurozone like this: “the situation is really critical and unfortunately we can’t exclude this black scenario: no agreement until Sunday. We need to discuss also the consequences for the whole EU and not only for the Eurozone. For us it is very important to know their opinion about possible humanitarian action for Greece. this is the most critical moment in our history, EU and eurozone. The presence of the 28 member states on Sunday is absolutely justified”.

While the two EU top political leaders were bluntly announcing yesterday the break of Europe and the murder, or suicide as they probably see the death of Greece, the Greek “Che”, Alexis Tsipras, was coming out from the Euro Summit in a state of bliss shouting that he is happy about the positive progress and that finally the leaders do not see a Greek problem but a European one. It was literally as if Alexis Tsipras attended in a parallel universe another Summit yesterday evening.

Switch off Greece before leaving on holidays

All in all, as the long planned 5 week holiday plans of the European bureaucrats are starting as of next week and the same goes for the EU politicians at the national parliaments, who will be switching off their mobile very soon in seek of a sunny beach, Europe decided to get rid of the Greek burden right on time; at least for them. Nobody would like to ruin their well deserved holidays to convene Eurogroups and Summits at the heart of the summer. It is well known after all that Brussels in August is as empty as a city can be.

Terrible timing for Greece

If this summer holiday is so important for the good Europeans, why not giving some money to Greece to survive the summer and come up with a detailed ESM programme in September? Is it more preferable to know that they preferred holidays to their critical duties? Is it more preferable to know that one Eurozone and EU member is dying with closed banks, IOUs, misery, poverty and clashes on the streets of Athens while they sunbathe in the Caribbean? Is it more preferable that the whole world knows that Eurozone collapsed in July 2015 because of the common EU “inability”, that Mr Tusk spoke about yesterday, to solve a crisis?

If the European elite can answer the above questions affirmatively then it is certainly not Eurozone that collapses this week but the entire edifice of the European Union. At the end of the day it seems that all you need to destroy Europe is a few wrong people at the wrong positions together with a bit of Brussels summer heat.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the European Sting Milestones

Featured Stings

Stopping antimicrobial resistance would cost just USD 2 per person a year

Cameron’s “No Brexit” campaign wins top business support as Tory front breaks

Seaweed, enzymes and compostable cups: Can ‘Big Food’ take on plastic and win?

A new European banking space is born this year

The EU Consumer Policy on the Digital Market: A Behavioral Economics View

Low quality healthcare is increasing the burden of illness and health costs globally

Can the US deal a blow to EU and Russia together over Ukraine?

Do men and women really have different leadership styles?

The German banks first to profit from public subsidies of trillions

How leaders can use ‘agile governance’ to drive tech and win trust

Right2Water initiative: Is the Commission ready to listen to citizens?

Removing sweets from supermarket checkouts could help fight obesity

EU budget: Commission proposes to increase funding to support the environment and climate action

EU-China relations under investigation?

UN Security Council urged to act against ‘worst-case scenario’ Syria’s war-battered Idlib

Costa Coffee products (Copyright: Costa Coffee; Source: Costa Coffee website, Press area)

The start of the “Caffeine rush”: Coca-Cola acquires Costa Coffee days after Nestlé-Starbucks deal

‘Time is of the essence’ for refugees on Greek islands – UN agency

The JADE Spring Conference 2017 is casting its shadows before

EU Migrant Crisis: Italian Coast Guard Headquarters and Italian Navy to give host national opening addresses at Border Security 2016 in Rome

COP21 Breaking News_04 December: Launch of CREWS, climate risk & early warning systems

Feeding families remains complex task in war-torn Syria – UN relief agency

FROM THE FIELD: How the smell of fresh bread transformed one refugee life

ECB: The bastion of effective and equitable Europeanism keeps up quantitative easing

High-technology manufacturing saves the EU industry

EU: The Member States to pay for national banking problems

MWC 2016 LIVE: Mobile World Congress shows off planes, trams and automobiles

Is deflation a real danger for Eurozone?

To Brexit, or not to Brexit…rather not: 10 Downing Street, London

A Sting Exclusive: “Delivering on the Environmental Dimension of the new Sustainable Development Agenda”, Ulf Björnholm underscores from UNEP Brussels

EU budget: the Common Agricultural Policy beyond 2020

Saudi Arabia: UN experts push for prompt release of women human rights defenders

Finally an answer to the hottest question of European youth today: How to make sure Juncker’s Investment Plan works for youth

UN gender agency hails record-breaking number of women in new US Congress as ‘historic victory’

MEPs to vote on overhaul of road transport rules in July

YO!FEST ENGAGES 8,000 YOUNG EUROPEANS IN FUTURE OF EU

Youth2030: UN chief launches bold new strategy for young people ‘to lead’

Parliament compromises on Banking Union but sends market abusers to jail

The succesful cooperation

Polish PM chooses to focus on economy, amid questions on rule of law in Poland

Education and Training: where do we stand in 2014?

What makes America the world’s most competitive economy?

Sustainability, peace, security ‘best guarantee against instability’ Guterres to Security Council

What we need for a better European Solidarity Corps

G20 LIVE: World Leaders in Turkey for G20 Summit. Global Economy will be discussed in Antalya

How will Brexit affect higher education in the EU?

The New Year 2016 will not be benevolent to Europe

The US bugged Europe: Is this news?

EU should promote immigration as a humanitarian issue in order to provide a more permanent solution

The European Parliament fails to really restrict the rating agencies

Drowning in the Mediterranean this summer? Many happy returns

Cyber defence: MEPs call for better European cooperation

Is Eurozone heading for disinflation?

The US + Britain trivialize mainland Europe, NATO and the EU

5G mobile is nearly here – but we should share networks to make it affordable

Women’s rights in Asia – how far have we come?

Trying to cure bank cancer with analgesics

Migration Crisis: how to open the borders and make way for the uprooted

Data show EU Economy in a stubbornly subdued state

MEPs propose more transparent legislative drafting and use of allowances

The next EU President will first have to drink his tea at Downing Street

European Union: From financial consolidation to deeper political division

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s