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Three days that saved the euro

21 points| sz4kerto | 10 years ago |theguardian.com | reply

4 comments

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[+] makeitstop|10 years ago|reply
Whether you agree with it or not, calling the German demands "asset stripping" is sheer propaganda.

The privatisation of these government properties is EU policy Greece signed up for long before the crisis, and like so many other policies and agreements simply refused to carry out.

[+] throwawayaway|10 years ago|reply
So which policy is this? You try to make it sound as if this is common policy in the EU.

Holding the amount generated from privatisation in trust at the ECB - that is unique to the Schauble proposal Greek situation. To call Schauble's proposal as anything other than asset stripping is propaganda too. It seems we are on opposite sides of a propaganda war.

Under this as yet unnamed policy: Have all countries signed up to privatise government properties? Have any complied?

In the article many people are reported to say Greece didn't have 50bn of assets to privatise. It's quite ridiculous of you to suggest that a) this is normal, b) everyone else had already done it.

[+] robk|10 years ago|reply
Glenn is truly impressive as a negotiator.

Fantastic piece overall. Funny to think of EU presidents popping down the hallway to say "is Matteo around?"

[+] giorgosts|10 years ago|reply
Capital controls and all the chaos these entailed were actually imposed before the referendum not after, as suggested in this article. The European Central Bank froze its liquidity support immediately once Tsipras announced the referendum. The Greeks voted NO while they were in the queues for the bank ATMs.