Video: Greece falls prey to ECB diktats and blackmail
19 January 2016 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
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.
Other articles in English by Eric Toussaint (409)
- People must self-organize and keep up the pressure on their governments if we are to bring about radical change
16 August, by Eric Toussaint , Victor Lustres
- Diplomatic manoeuvers around Russian debt repudiation
14 August, by Eric Toussaint
- Russian bonds never die
9 August, by Eric Toussaint
- Greece: Refusing illegitimate debt – a struggle that unites
9 August, by Eric Toussaint
- The French press in the pay of the Tsar
4 August, by Eric Toussaint , Nathan Legrand
- The Russian Revolution, Peoples’ Right to Self-determination, and Debt Repudiation
25 July, by Eric Toussaint
- The Russian Revolution, Debt Repudiation, War and Peace
12 July, by Eric Toussaint
- From Tsarist Russia to the 1917 revolution and the repudiation of debt
7 July, by Eric Toussaint
- Russia: Repudiation of debt at the heart of the revolutions of 1905 and 1917
5 July, by Eric Toussaint
- Down with illegitimate public and private debt
4 July, by Eric Toussaint
- IMF substantial profits thanks to Greece (2010-2015) 10 July - Dimitri Tzanninis
- UNCTAD organizes a side-event of the Second Committee on Sovereign debt restructurings 27 October 2016 - UNCTAD, - Renaud Vivien
- Zoé Konstantopoulou : “The Greek people have not surrendered” 30 September 2016 - Zoe Konstantopoulou, - Rototom
- The Big #TTIPALARM Festival 24 August 2016 - Nick Dearden, - Transnational Institute
- The Greek debt, a European Tragedy 22 July 2016 - CADTM, - Productions du Pavé
- Back to the Future of Austerity and Debtocracy! 15 May - Leonidas Vatikiotis
- On The Odiousness of Greek Debt 24 April - Renaud Vivien, - Ilias Bantekas
- Thomas Piketty and public debt 21 April - Eric Toussaint
- Greece: The PSI and the process of bank recapitalization (2012-2016) 24 January - Daniel Munevar
- Secret IMF Documents on Greece commented by Eric Toussaint (CADTM) 16 January - Eric Toussaint
- Back to the Future of Austerity and Debtocracy! 15 May - Leonidas Vatikiotis
- France, Presidential Elections : Ten Proposals to Beat the European Union 18 April - Eric Toussaint, - Teresa Rodríguez, - Miguel Urbán Crespo, - Angela Klein, - Stathis Kouvelakis, - Costas Lapavitsas, - Zoe Konstantopoulou, - Marina Albiol, - Olivier Besancenot, - Rommy Arce
- Opening the vaults: the use of tax havens by Europe’s biggest banks 7 April - Oxfam
- 2007-2017: Causes of a Ten-Year Financial Crisis 30 March - Eric Toussaint
- Summit Statement: A Plan B for the EU and the Euro Zone 28 March - Collective
- Greece: our struggle against odious and illegitimate debt 11 August - Zoe Konstantopoulou
- Greece: Refusing illegitimate debt – a struggle that unites 9 August - Eric Toussaint
- IMF substantial profits thanks to Greece (2010-2015) 10 July - Dimitri Tzanninis
- Memorandum–steamroller for the Greek people 2 June - Leonidas Vatikiotis
- Back to the Future of Austerity and Debtocracy! 15 May - Leonidas Vatikiotis
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