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Tuesday, 30 December 2014

Greek Fire

How long does it take an ex-EU official to retire? I'm only asking because I thought the new bunch of unelected commissioners had been appointed months ago, yet the old stale ones are still hanging about in the wings. Senor Barolo has even ventured onto the stage to make a few bitter and snipey comments about the UK - more an indicator about the utter failure of the Portuguese economy to start breathing again than anything else, but shouldn't the Maitre D have a hook? Perhaps it's a new tradition - that we have to endure two lots of unelected officials whining at us during the transition period. 
Still, no sooner has the new EU 'parliament' declared their new head official to be a crooked, fraudulent tax-bludger than Greece pops up again. As Greece's economy under EU management has now shrunk almost to the size of Luxembourg's, perhaps adopting Juncker's bent tax haven approach is now a realistic prospect? More likely, the fools in the Berlaymont are likely to provoke a violent insurrection in Greece. 

Over Christmas, the first two Greek economic refugees I've seen popped up in the local co-op. After some initial confusion, they grasped the idea of a queue, but starbursts of consonants and hand gestures indicated they were unhappy with something. Cigarettes at £9 a packet may cause their return to Thessaly, or the winter cold. I suspect that leaving Greece is not an option for most; they will soon go through the process of a free and democratic election, the EU will then prevent a new government from delivering its electoral mandate, there will be threats and brinkmanship, and, eventually, if things don't get better for the Greeks, there will be fire. 

It's pointless telling the idiots in Brussels that leaving the Euro is the only sensible option for the Greeks. They don't care about the consequences for the Greeks; the idealogical imperative, the thing that a single currency represents, is far more important to them than the welfare of the people of Europe. And that thing is political federation. Hey ho.


Michael said...

"yet the old stale ones are still hanging about in the wings"

You know about large construction projects, Raeders, so I guess if we scan the monstrous OJEU notices, we'll see tucked away behind the WCs, the requirement for new offices to be built before May, to house all the failed politicians like Clegg, Cable and Balls etc, when they'll be out of a job over here.

I suppose there'll also be additional offices for translators to try and understand exactly what the latter actually did, and why he still believes he was right, but like you say, 'hey ho', it's only public money after all!

DeeDee99 said...

I was quite encouraged by Barroso's comments that the Brits were no longer at the centre of decision-making in the EU.

Hopefully that means we already have one foot out the door marked "Exit."

The Greeks will have their Democratic Election and the EU will then over-ride the result. They got rid of Papandreou; they'll do the same again.

The Greeks need to leave the Euro, but they won't accept that is their only alternative to EU-imposed austerity and the destruction of their economy.

Anonymous said...

Who ever said that, Greece was a country?

Greeks want two things, out of the € and to remain in the eurozone.

A funny lot are the Greeks and not much has changed since they were Ottomans satraps. Syriza, who knows what they want, they seem to change their tune as the Iolian wind blows hard.
The Athenians and Island owners; loved the idea of being Western Europeans but the Greeks are not westernized by a long chalk. The colonels knew it too and suspended the demos oh and Kratos as well, even though they are gone Greece is still a jumped up Military joke acting as if it were some sort of regional power. Regularly do the )strike)Turks um Ottomans disabuse them of that notion and with incessant buzzing flypasts by Phantom jets over Rhodos.
And so, this sordid power playing and people soap opera goes on - the elite suck the life blood out of the nation and send their considerable wealth abroad and act all cosmopolitan and aloof. The islands run themselves irrespective of what Athens decrees, tourism and much else shipping.
And the poor in Athens and all over the mainland carry on scrating.

The Spartans, would sort them all out.

Anonymous said...

Rather sadly their use of the Euro keeps their holiday prices high. If they had the drachma, and it floated down, their resorts would be full again. Perhaps that is what they fear most!

Bill Quango MP said...

I don't think its just ideology making the EuroCrats keep Greece in the Euro.

Its the fear that if the Bubbles drop out, the Portuguese might be next. And the markets turn on the weakest in an ERM style frenzy. So Ireland, Spain and Italy and the rest of the Club Med come under pressure. And the whole thing might collapse.

So the Greeks cannot be allowed to leave and cannot be allowed to ditch the Euro.

So really the EU should have done some heroic Marshall Plan style gift to pay off the Greek debt through Northern economies taxpayers.

Sebastian Weetabix said...

Eventually that is what will happen, the Euro unravelling one-by-one... But the Greeks will not be first. My money is on the Italians. Smart people. They were first to drop out of the Axis too.

Budgie said...

No one that I have spoken to on the continent wants to ditch the euro. They are fiercely loyal to it. Obviously there will be some people in the eurozone who think like the Brits that the euro is the cause of their troubles but they appear to be in the minority. Do not let us be fooled by our own propaganda.

Greece, Spain etc survive without a social meltdown because of their black economies (effectively the people ignore the government in their day to day lives), and because they export people to the money-printing economies of the anglosphere, primarily the UK.

We are regarded merely as a useful safety valve, for now. But if we do not change our ways we will be forced in the future to go cap in hand begging to be let into the euro. Think that's an exaggeration? Wait 'til we've had five years of Miliband/Balls/Salmond in charge.