This video is called On the Breadline – Greece.
By Robert Stevens:
6 September 2013
A deepening of the subjugation of Greece by the super-rich is being proposed in a plan outlined in a new report by the European Stability Mechanism (ESM). The ESM is the eurozone’s €500 billion permanent European “rescue” fund.
Currently being discussed by the troika—the International Monetary Fund, European Central Bank and European Commission—the scheme proposes to the move state-owned property intended for privatisation into a Luxembourg-based holding company. This would then be administered by foreign privatisation officials. It was first mooted as far back as two years ago and will be formally discussed with the New Democracy/PASOK Greek government when troika officials return to the country later this month.
The Financial Times noted, “The new holding company would be empowered to manage the…
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