Papademos in the role of state terrorist!

has threatened Greek voters that a return to the drachma would be "devastating".Leading economists commenting..said that the claims are without any foundation. Greek economy requires re-structuring and financing of this real reform, measures that could not be taken by this type of government.

"They dont have the right to talk..They victimized the Greek people.The recent unification efforts of the anti-regime forces must continue."

The published photo showing the then Bank of Greece governor Lucas Papademos showing off the new 5,000 drachma banknote, 24 June 1998

Lucas Papademos has threatened Greek voters that a return to the drachma would be "devastating", in a precampaign attack on political parties that have commited in their official programs to rewrite or scrap bailout deals.
 
The never elected by the Greek electorate "prime minister",ex-bank of Greece governor in an  unprecedented move in favor of the interests of the loan sharks,stated to the Italian business newspaper Il Sole 24 Ore: "The consequences would be devastating; a return to the drachma would cause high inflation, an unstable exchange rate and a loss of real value of bank deposits."
 
Without any hesitation went on claiming: "Real incomes would drop sharply, the banking system would be severely destabilised, there would be many bankruptcies, and unemployment would increase. A return to the drachma would increase social inequalities, favouring those who have money abroad."
 
During the same terrorising interview the "prime minister" who has been appointed by the international and local bankers to express,materialize and defend their interests in the occupied country, refused to rule out the possible need for a third EU-IMF rescue package in 2015, but insisted his administration was doing "everything possible" to prevent the need for additional rescue money.

Leading economists from Greece and overseas commenting on the above statements today March 31 said that the claims made by L.Papademos are without any scientific foundation. Greek economy requires transparency as far as the legality of the public dept,a fact that must be investigated while payments to the lenders should be temporally omitted.

Return to drachma,that in any case will be proven through the comming developments in eurozone as unavoidable,will push upwards the Greek economy improving its competitiveness.The threat to the citizens concerning the loss of the real value of bank deposits is without any foundation,while the exchange rate fluctuation is a normal function within this system.Greek economy requires re-structuring and financing of this real reform,measures that could not be taken by the type of government L.Papademos represents.They sign a treaty-the so called memorandum- preventing Greece of borrowing money for its development from other offered sources.

Political commentators in Athens talking to STOPCARTEL said:"They dont have the right to talk..They victimized the Greek people.Only an overthrow of this regime by the citizens is going to end the Greek tragedy.A progressive administration re-developing the economy within a new framework of  democracy is the only solution for Greece..The recent unification efforts of the anti-regime forces must continue." 

stopcartel Newsdesk