Video: Greece falls prey to ECB diktats and blackmail

19 January by Eric Toussaint

The following video shows a talk given at the European Parliament in Brussels by Eric Toussaint on 14 January 2016 on the occasion of the international meeting organized by the left-wing European Parliamentary Group GUE/NGL (European United Left/Nordic Green Left). The theme was “The ECB ECB
European Central Bank
The European Central Bank is a European institution based in Frankfurt, founded in 1998, to which the countries of the Eurozone have transferred their monetary powers. Its official role is to ensure price stability by combating inflation within that Zone. Its three decision-making organs (the Executive Board, the Governing Council and the General Council) are composed of governors of the central banks of the member states and/or recognized specialists. According to its statutes, it is politically ‘independent’ but it is directly influenced by the world of finance.

https://www.ecb.europa.eu/ecb/html/index.en.html
, Europe’s unelected government” (For the full programme, http://cadtm.org/The-ECB-Europe-s-unelected).

Eric Toussaint gave his talk on a panel whose moderator was Dimitris Papadimoulis, a Syriza MEP. Others speakers on the panel were Marika Frangakis, who heads the economics department of Syriza’s political secretariat, and Pearse Doherty, spokesperson on financial matters for the Irish party, Sinn Fein. On other panels held during this day devoted to the ECB were Gabi Zimmer, Die Linke MEP and president of GUE/NGL, Fabio Di Masi, also a Die Linke MEP, Miguel Urban, an MEP from Podemos, and Harald Schumann who made an excellent documentary on the Troika Troika Troika: IMF, European Commission and European Central Bank, which together impose austerity measures through the conditions tied to loans to countries in difficulty.

IMF : https://www.ecb.europa.eu/home/html/index.en.html
(see https://www.youtube.com/watch?v=wXurytR1IAk and https://www.youtube.com/watch?v=gwuD0MqU3qk). All the talks can be seen on video at http://www.guengl.eu/news/article/t...

- Eric Toussaint’s speech :

- Dimitris Papadimoulis’ summary :


Author

Eric Toussaint

is a historian and political scientist who completed his Ph.D. at the universities of Paris VIII and Liège, is the spokesperson of the CADTM International, and sits on the Scientific Council of ATTAC France. He is the author of Bankocracy (2015); The Life and Crimes of an Exemplary Man (2014); Glance in the Rear View Mirror. Neoliberal Ideology From its Origins to the Present, Haymarket books, Chicago, 2012 (see here), etc. See his bibliography: https://en.wikipedia.org/wiki/%C3%89ric_Toussaint He co-authored World debt figures 2015 with Pierre Gottiniaux, Daniel Munevar and Antonio Sanabria (2015); and with Damien Millet Debt, the IMF, and the World Bank: Sixty Questions, Sixty Answers, Monthly Review Books, New York, 2010. Since the 4th April 2015 he is the scientific coordinator of the Greek Truth Commission on Public Debt.


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