Greek Leftist Leader: “The First Act of My Government Will Be The...

Greek Leftist Leader: “The First Act of My Government Will Be The Cancellation of the Bailout”

It seems that Mr. Tsipras will continue having much of Europe on the run while he hardly seems to be breaking a sweat. Presenting his party’s economic program on Friday, Alexis Tsipras head of Greece’s Radical Left Coalition, said he would pursue to cancel the bailout terms, which have included brutal spending cuts and high taxes and have been blamed for the country’s extended recession.

“The first act of a government of the left, as soon as the new Parliament is sworn in, will be a cancellation of the bailout and its implementation laws,” Tsipras stated.”Let people know that in Greece there is still a democracy.”

Alexis Tsipras said the bailout agreement is a failure that will force Greece to leave the Euro, despite EU leaders  insisting that Greece must stick to its commitments or the money will stop coming in. According to Tsipras, the bailout agreement “is a mechanism of definitive bankruptcy and pushing the country to a voluntary withdrawal from the eurozone…There is no more or less bad memorandum, you either apply  it, or you cancel it….We will cancel it.”

Tsipras said that if he wins enough votes to form a leftwing government, he will seek a Europe-wide deal to drastically reduce the debt payments, or seek a debt moratorium. He also said that he will cancel the law to cut the minimum wage by 22%  and bring it back to 751 euros.

Tsipras also said that he would keep strategic companies like the companies that provide electricity, water, and telecommunications  under state control and freeze wage and pension cuts demanded by lenders if he won the June 17 elections. He also said he intends to create measures to help  overborrowed Greek households and cut valued added tax (VAT), especially on basic food items like milk and bread. While Tsipras has repeatedly stated that “Our goal isn’t to blackmail or to terrorize, our goal is to shake them,” it is certain that both the EU and the IMF officials will feel terrorized with his latest statements.

Tsipras’ party came from nowhere to finish a strong second in the inconclusive election on May 6. As Greece prepares for a second poll on June 17, Tsipras is within a percentage point or two of first place, according to recent surveys.For the past two weeks, Tsipras has engaged in a high-stakes game of chicken with Europe’s leaders, and Ms. Merkel in particular. A victory for Tsipras next month will start a game of bluff between Tsipras – the neophyte – and Merkel – the veteran that will decide the euro’s future. Let’s just hope he knows what he’s doing.

  • http://twitter.com/ari_dimopoulos Ari Dimopoulos

    The only practical person in Europe right now.. You don’t have to  be a rocket scientist to figure out that if you  are suffering because of other people’s rules and regulation, the first thing you do is  to tell them to get lost.. In America, the land of the free and the home of the brave, IT IS LAW!!
    IF A DEBTOR IS CALLED AND IS TOLD TO PAY BACK HIS DEBT, THE DEBTOR BY LAW CAN TELL THE CREDITOR.TO  “CEASE AND DESIST”  ALL COMMUNICATIONS. I AM CONSULTANT FOR A CRISIS MANAGEMENT FIRM THAT ASSISTS DEBTORS GET RELIEF FROM THE AGONY AND PERSISTENCY  OF CREDITORS TO PUT THEM OVER THE EDGE AND CAUSE THEM MENTAL AND PHYSICAL ANGUISH. THE CREDITORS IN THIS CASE IF THEY WERE IN THE USA WOULD HAVE VIOLATED EVERY RULE UNDER THE FDCPA .. THE LAW THAT PROTECTS CONSUMERS FROM UNETHICAL COLLECTION PRACTICES SIMILAR TO WHAT THE EC LEADERS ARE DOING TO GREECE. THE CONSUMER IN THE SECOND SCENARIO HAS THE RIGHT TO SUE FOR STATUARY AND PUNITIVE DAMAGES IF HE FEELS THAT HE HAS BEN THREATENED BY UNETHICAL COLLECTION PRACTICES! COURTS IN THE USA HAVE AWARDED CONSUMERS OVER 1 MILLION DOLLARS IN INDIVIDUAL CASES OF FDCPA VIOLATIONS..
    TSIPRAS IS THE SMARTEST MAN IN EUROPE.  BY CANCELLING THE MEMORANDUM HE IN ESSENCE IS TELLING THE ECB EC AND IMF TO CEASE AND DESIST COLLECTION ACTIVITY SO THAT THE CONSUMER CAN HAVE TIME TO TAKE MEASURES TO EITHER MAKE “OTHER” ARRANGEMENTS FOR THE ORIGINAL DEBT OR TO CONTINUE TO NEGOTIATE ON HIS OWN  TERMS, NOT THE CREDITORS TO PAY BACK THE DEBT
    OR REMEDY BY SETTLEMENT OR ANY OTHER ARRANGEMENT!! THIS IS A TRUE DEMOCRACY AND PROTECTION OF FREEDOM. GREECE IS BEING HARASSED BY GREEDY UNRULY BANKERS.. THEY HAVE VIOLATED EVERY LAW OR RULE!! ALEXIS TSIPRAS ON JUNE 18 WILL TELL EUROPE “CEASE AND DESIST”
    THAT IS WHY HE IS THE SMARTEST MAN IN EUROPE TODAY

  • John

    Despite the screaming, IN FACT, in the US, if your company declares bankruptcy, they judge simply disperses your company through an auction for whatever the creditors can recover.  

    Tsipras, the smartest man in the world, is going to get Greece to be thrown out of the EU and go back to the drachma. Despite the bankers phony concerns, for no other reason then they want some of their money back, in reality, Greece is 3% of the Euro’s economy and hardly worth worrying about. 

    Good luck. 

  • sxjnss

    Siriza is the shame for greece. His ideas makes me crazy and angry:
    He wants minimal wage on 750euros, decrease taxes, 2 years long period for unemployment support, he wants to cancel memorandum about economizing and discuss with creditors about new haircuts. 
    Much poorer countries must creates new debts to send money to greece and they know this money is lost. Despite it they do this because they are believing another group of populist politicians that everthing will be ok.
    Look at slovakia – minimal wage 330euros, 6mount period for unempoloyment support, less than 50% GPD of debths… this country must send money to greece instead of increasing its own minimal wage.
    Sorry greeks, I think (and it is not only my opinion) it is time to send greeks out of euro. It will be better for both sides.

  • Xagapi

    What ever Mr Tsipras  does cant  be as bad has what Europe is doing to Greece ,the Greeks should unite,it wont be easy ,but I believe they can get out off the crisis just have to be honest ,have a balanced budget low expenses , and keep  state  expenses minimal no need for all these lazy gvt workers , lower taxes so people HAVE  MORE MONEY TO SPEND, it is a lie the Greeks do not pay tax only the rich don’t .
     Help creative people  to produce in Greece ,and create employment if they do their homework they can still pay retirements …there is a difference between being frugal and starve . Its time to learn to share,be loving,and help one another  where is the Greek spirit has it been killed by the chemtrail??? wake up. you can do it if you really want .