Greek PM ‘takes responsibility’ for bailout deal | News |

English: Alexis Tsipras in a press conference ...

English: Alexis Tsipras in a press conference in Komotini. Ελληνικά: Συνέντευξη Τύπου του Αλέξη Τσίπρα στο ξενοδοχείο Ξενία στα πλαίσια της επίσκεψης του στην Κομοτηνή 13.11.2008 (Photo credit: Wikipedia)

This short article from Greece’s leading newspaper,  Ekathimerini is an important read. Check it out!

via Greek PM ‘takes responsibility’ for bailout deal | News |

Yesterday, I asked a politically savvy Greek Cypriot, whom he thought would emerge governing Greece? His reply surprised me – he told me that Tsipras was so popular in Greece because he is seen as clean and anti-corruption.

Once the dust settles, it would be a good move (as John Gelmini suggests) for Tsipras to team up with Europe’s best law-enforcement professionals and bring the corrupt to trial. This would be seen as a powerful change initiative. Perhaps, Greece needs to look to China as an example?


Opinion – Greece’s terrible choice: receivership or liquidation | The Australian – John Gelmini

Greece will eventually get some money and it will have to make painful reforms.

It remains to be seen who will govern Greece and what will be the geo-strategic implications. Russia is waiting in the wings and ready to intervene to Europe’s cost.

As Dr Alf, as a change management specialist, knows, changing the nature of a people is very difficult but the last lot of bailout money and EUstructural funds” did not just go to the French and Greek banks. Some of it allegedly stuck to people’s fingers, particularly the fingers of the plutocrats, and leading families within Greece. That money needs to be recovered and the culprits need to be caught, brought to book and put in jail, for a very long time indeed. If some of the guilty includes past and current politicians, their families or even people linked to the civil service, then they too need to be behind bars and their assets sequestered.

Forensic accountants employed by the creditors need to be deployed to track down the money and once found the so-called European “arrest warrant” needs to be used to get the criminals who may be living outside of Greece into the hands of the police. Where these people live outside of Europe, then Interpol should be brought in.

What must not be allowed to happen is that the guilty, once again, go completely free. There has been too much suffering.

John Gelmini