PressTV Greek banks to reopen, cash limits in place 19 7 2015
Stavros Mavroudeas
July 19, 2015
Stavros Mavroudeas Blog
Summary:
In an exclusive interview with Press TV on Sunday, Stavros Mavroudeas, a professor of political economy at the University of Macedonia in Greece, said, “Capital controls on Greece have created serious economic and political problems. Economic losses are estimated at more than 3 billion euros for the Greek economy.” Mavroudeas added, “The political problems are ...
Topics:
Stavros Mavroudeas considers the following as important:
This could be interesting, too:
Lars Pålsson Syll writes Busting the ‘natural rate of unemployment’ myth
Mike Norman writes Rates
Michael Hudson writes Petrodollar Deal or No Deal
Lars Pålsson Syll writes Riksbankens oansvariga penningpolitik
In an exclusive interview with Press TV on Sunday, Stavros Mavroudeas, a professor of political economy at the University of Macedonia in Greece, said, “Capital controls on Greece have created serious economic and political problems. Economic losses are estimated at more than 3 billion euros for the Greek economy.”
Mavroudeas added, “The political problems are even more severe. The EU imposed capital controls on Greek banking sector in a blatant imperialist intervention… It obliged Greece to adopt capital controls in order to quest the Greek electorate to vote for ‘Yes’ in the last referendum. That is to vote for submitting fro capitulating to the demands of the EU.”
“The political blackmail backfired as the vast majority of the people voted for ‘No’ in the referendum. However, immediately afterwards, Syriza reneged on the referendum, and accepted a third troika austerity program,” he pointed out.
http://www.presstv.ir/Detail/2015/07/19/420892/Greece-banks-shutdown-debt-crisis |
|
|
|
2015-07-19
by