Jeroen Dijjselbloem recounting the Greek bailout

Posted by Antonis D. Papagiannidis 24/08/2018 2 Comment(s) Economia Blog,

While Greece is celebrating – well, sort of… - the end of its latest (the third in a row) Adjustment Programme of the 8years-plus bailout by its European partners, a number of political figures – Klaus Regling of the ESM, Pierre Moscovici and Vladis Dombrovskis of the European Commission, Jean-Claude Juncker, Angela Merkel, Emmanuel Macron from a higher political level – have been offering their testimonials, their assessments and their evaluations of the Greek bailout. A cliffhanger at times; a costly affair in many terms - mainly human/social terms for Greeks and Greece.

 

It may well be that the most useful testimonial – since arising from direct, continuous experience over several years – may well prove the one coming from Jeroen Dijjsselbloem who chaired the Eurogroup when Greece, the Greek bailout, the potential Grexit, options and Programmes and the suchlike were discussed. At great length, in frustrating repetition. Dijsselbloem’s book De Eurocrisis will be soon available in Greek by Kerkyra Publications-Economia Publishing; it recounts in vivid detail the negotiations and the uphill struggle to keep Greece – but also Cyprus, as well other periphery countries – in the Eurozone; but also to keep the euro venture going – and , in fact, to keep the overall balance in Europe. Starting from the day (in early 2015) he met with Prime Minister Alexis Tsipras: (“a constructive discussion; he was very friendly, he spoke in a calm but steady way; at times, speaking of the difficulties the Greek people had to endure and of the humanitarian crisis, he looked moved [...] He vowed he wanted to be the first Greek P.M. who would keep his electoral promises. He was honest, but it seemed to me quite improbable [that he would] given the wide gap between promises and the real situation”. More widely known is the incident of the first meeting - and the string of those that followed - of Dijsselbloem with feisty Finance Minister Yanis Varoufakis. Since the very first session, Varoufakis made it clear that “They didn’t want to work together with the Troika. Terms like humiliation and dictating were used. I mentioned that the Troika worked under the political supervision of the Eurogroup - and that they [Greece] had to prepare and implement all agreements entered into” The rest of the Varoufakis positions were even more aggressive: slash the Greek debt by half debt, buy-back with the use of Eurobonds, recapitalisation of Greek bankers through ESM funds- even using the Target-22 profits for... social policy aims in Greece.

 

This, describes to Dijsselbloem the set-up of the clash in the crucial, initial part of the 2015 negotiations with Greece. Next week, we will give a taste of his chronicling the flirtation with Grexit - and the final defusing of the situation.

2 Comment(s)

Morgan Smith:
31/08/2018, 02:13:16 PM
Reply

I AM FINIALLY OUT FINANCIAL BONDAGE THANKS TO MOORE LOAN COMPANY (mooreloancompany@yahoo.com) Or text +1(414) 454-9493.. Good day everyone,I can’t hide this great testimony that took place in my life I will love everyone to know it and be a partaker of this, that is why I want to share it to the whole world by placing this advert on classifieds, I am Mr Morgan Smith by name, I live in Chicago, United State, I want to thank ROBBINSON MOORE for his kindness upon my family life, I never knew that there is still a sincere and trustworthy lender like this on the internet and on earth. Just some days I was in search for a loan of $ 150,000.00, As I was in search of funds to start up a business. I was scammed about $15,000.00 dollars and I decided not to involve my self in such business again. But a Friend of mine introduced me to a loan firm due to my appearance and doings and also my complains to her. And I told her that I am not interested in any loan deal anymore but she told me that there is still a sincere lender who she will recommend me to, And she gave me the details of this man who is called MOORE ROBBINSON. And I really put a trial and I am most greatful and lucky today, I was given a loan amount of $95,000,00 Dollars by this great firm MOORE LOAN COMPANY. If you are in need of a genuine, Sincere, durable and a truth worthy loan lender or financial assistance and also you know you can be reliable and trusted, capable of paying back at the due / duration time of the funds I will advice you to send your contact to them via email @[ mooreloancompany@yahoo.com] OR Text +1(414) 454-9493 .

Andera:
10/11/2018, 02:24:46 PM
Reply

Hello Guys,Get a good life with this Life Time transforming card .I have being hearing about this blank ATM card for a while and i never really paid any interest to it because of my doubts. Until now i discovered this hacker called Elizabeth. I've been reluctant in purchasing this blank ATM card i heard about online because everything seems too good to be true, but i was convinced & shocked when my friend at my place of work got the card from guarantee atm blank card & we both confirmed it really works without delay i gave it a go. Ever since then I've been withdrawing $5000 daily from the card & the money has been in my own account. So glad i gave it a try at last & this card has really changed my life financially without getting caught, its real & truly works though its illegal but made me rich!! If you need this card from guarantee atm blank card then here is their email: elizabethcole3222@yahoo.com

Leave a Comment