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Comunicado del comité griego de auditoria de la deuda gregia sobre
el plan europeo de "rescate" del miercoles 27<br>
(en inglès)<br>
petonets<br>
olivier c<br>
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<th nowrap="nowrap" valign="BASELINE" align="RIGHT">Asunto: </th>
<td>[Gnc] Fwd: Declaration a publier</td>
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<th nowrap="nowrap" valign="BASELINE" align="RIGHT">Fecha: </th>
<td>Wed, 02 Nov 2011 22:38:57 +0100</td>
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<th nowrap="nowrap" valign="BASELINE" align="RIGHT">De: </th>
<td>Myriam Bourgy <a class="moz-txt-link-rfc2396E" href="mailto:myriam@cadtm.org"><myriam@cadtm.org></a></td>
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<th nowrap="nowrap" valign="BASELINE" align="RIGHT">Para: </th>
<td>gnc 'GNC' <a class="moz-txt-link-rfc2396E" href="mailto:gnc@cadtm.org"><gnc@cadtm.org></a></td>
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<div class="moz-signature"> Myriam Bourgy <br>
CADTM (Comité pour l'Annulation de la Dette du Tiers Monde)<br>
0032 (0) 498 35 36 66<br>
skype : m.bourgy<br>
<a moz-do-not-send="true" class="moz-txt-link-abbreviated"
href="http://www.cadtm.org">www.cadtm.org</a><br>
<br>
<a moz-do-not-send="true" href="http://www.cadtm.org/"><img
src="cid:part1.06060606.06040905@laposte.net"></a> </div>
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<th nowrap="nowrap" valign="BASELINE" align="RIGHT">Sujet: </th>
<td>Declaration a publier</td>
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<th nowrap="nowrap" valign="BASELINE" align="RIGHT">Date : </th>
<td>Wed, 2 Nov 2011 19:02:20 +0200</td>
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<th nowrap="nowrap" valign="BASELINE" align="RIGHT">De : </th>
<td>Giorgos Mitralias <a moz-do-not-send="true"
class="moz-txt-link-rfc2396E"
href="mailto:giorgos.mitralias@gmail.com"><giorgos.mitralias@gmail.com></a></td>
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<th nowrap="nowrap" valign="BASELINE" align="RIGHT">Pour : </th>
<td>Eric Toussaint (gmail) <a moz-do-not-send="true"
class="moz-txt-link-rfc2396E"
href="mailto:eric.toussaint4@gmail.com"><eric.toussaint4@gmail.com></a>,
Myriam Bourgy <a moz-do-not-send="true"
class="moz-txt-link-rfc2396E"
href="mailto:myriam@cadtm.org"><myriam@cadtm.org></a></td>
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<h1 style="text-align: center;" align="center"><br>
<u><span style="font-family: Arial; font-weight: normal; color:
rgb(51, 102, 102);" lang="EN-US"></span></u></h1>
<h1 style="text-align: center;" align="center"><u><span
style="font-family: Arial; font-weight: normal; color: rgb(51,
102, 102);" lang="EN-US">Greek Auditing Commission of the
Public Debt</span></u><u><span style="font-size: 16pt;
font-weight: normal;" lang="EN-GB"></span></u></h1>
<u><span
style="font-size: 16pt; font-weight: normal;" lang="EN-GB"><span
style="text-decoration: none;"></span></span></u> <br>
<h1 style="text-align: center; color: rgb(204, 0, 0);"
align="center"><font size="6"><u><span style="font-weight:
normal;" lang="EN-GB">No to the 50% haircut, no to the new
Occupation. Cessation of payments and debt audit!</span></u></font></h1>
<h1 style="text-align: justify;"><span style="font-size: 12pt;
font-weight: normal;" lang="EN-GB">In the early hours of the 27<sup>th</sup>
October, the Eurozone leaders reached a decision marking the
tightening of the public debt¢s grip over the Greek people.<span
style=""> </span>The proposed haircut of the public debt
held by the private sector will not resolve Greece¢s debt
problem, whilst instead it brings new burdens. The reasons are
plenty: </span></h1>
<h1 style="margin-left: 36pt; text-align: justify; text-indent:
-18pt;"><span style="font-size: 12pt; font-weight: normal;"
lang="EN-GB"><span style="">1.<span style="font: 7pt "Times
New Roman";"> </span></span></span><span
style="font-size: 12pt; font-weight: normal;" lang="EN-GB">The
haircut will be accompanied by new loans, worth EUR 130bn,
leading to a less than promised debt reduction. </span></h1>
<h1 style="margin-left: 36pt; text-align: justify; text-indent:
-18pt;"><span style="font-size: 12pt; font-weight: normal;"
lang="EN-GB"><span style="">2.<span style="font: 7pt "Times
New Roman";"> </span></span></span><span
style="font-size: 12pt; font-weight: normal;" lang="EN-GB">The
debt reduction is small and unequally distributed, given that
the Ôroika¢s bailout loans (worth EUR 65 bn), as well as the
bonds held by the ECB (worth EUR 55 bn), are exempt. </span></h1>
<h1 style="margin-left: 36pt; text-align: justify; text-indent:
-18pt;"><span style="font-size: 12pt; font-weight: normal;"
lang="EN-GB"><span style="">3.<span style="font: 7pt "Times
New Roman";"> </span></span></span><span
style="font-size: 12pt; font-weight: normal;" lang="EN-GB">Pension
funds will suffer a blow worth EUR 11.5 bn, which implies that
debt restructuring actually means a reduction of pensions and
social provisions. </span></h1>
<h1 style="margin-left: 36pt; text-align: justify; text-indent:
-18pt;"><span style="font-size: 12pt; font-weight: normal;"
lang="EN-GB"><span style="">4.<span style="font: 7pt "Times
New Roman";"> </span></span></span><span
style="font-size: 12pt; font-weight: normal;" lang="EN-GB">The
new, guaranteed bonds that will replace the old ones will not be
contracted under Greek law, resulting in a more favourable
position for our creditors.</span></h1>
<h1 style="margin-left: 36pt; text-align: justify; text-indent:
-18pt;"><span style="font-size: 12pt; font-weight: normal;"
lang="EN-GB"><span style="">5.<span style="font: 7pt "Times
New Roman";"> </span></span></span><span
style="font-size: 12pt; font-weight: normal;" lang="EN-GB">The
haircut will be accompanied by new austerity packages,
reductions in wages and mass dismissal of public sector workers,
which will push the Greek people further into poverty.</span></h1>
<h1 style="margin-left: 36pt; text-align: justify; text-indent:
-18pt;"><span style="font-size: 12pt; font-weight: normal;"
lang="EN-GB"><span style="">6.<span style="font: 7pt "Times
New Roman";"> </span></span></span><span
style="font-size: 12pt; font-weight: normal;" lang="EN-GB">As a
guarantee, Germany and the EU essentially demand that Greece
operates under reduced national sovereignty and in practice
impose a new Occupation, following the appointment of a <em><span
style="font-style: normal;">Gauleiter in each important
ministry and department.<span style=""> </span></span></em></span></h1>
<h1 style="margin-left: 36pt; text-align: justify; text-indent:
-18pt;"><span style="font-size: 12pt; font-weight: normal;"
lang="EN-GB"><span style="">7.<span style="font: 7pt "Times
New Roman";"> </span></span></span><span
style="font-size: 12pt; font-weight: normal;" lang="EN-GB">The
agreement itself is stillborn and far from complete, given that
the expected agreement with the banks is not guaranteed,
similarly to the agreement of the 21<sup>st</sup> of July, which
the governments hailed as a great success.</span></h1>
<h1 style="margin-left: 36pt; text-align: justify; text-indent:
-18pt;"><span style="font-size: 12pt; font-weight: normal;"
lang="EN-GB"><span style="">8.<span style="font: 7pt "Times
New Roman";"> </span></span></span><span
style="font-size: 12pt; font-weight: normal;" lang="EN-GB">The
results are highly questionable since, contrary to the
government and EU proclamations, the reduction of debt to 120%
of GDP by 2020 will not make it sustainable. If this level were
sustainable, then why is Italy, whose debt today is equally
high, being called to reduce it? Any why was Greece in 2009,
with a debt ratio significantly lower than that, forced to
accept the bailout package?<span style=""> </span></span></h1>
<h1 style="margin-left: 18pt; text-align: justify;"><span
style="font-size: 12pt; font-weight: normal;" lang="EN-GB">For
all of the above reasons, the decision of the Eurozone¢s leaders
is unacceptable, and must be overturned through the Greek
people¢s struggle. The selective haircut, which leaves the
illegal loans of the troika untouched while it leads the pension
funds to catastrophe, shows how necessary are the cessation of
payments to our creditors and a democratic, worker-led debt
audit.<span style=""> </span>This audit will show which part
of the debt is illegal, illegitimate and unconstitutional, and
thus it will prompt its cancellation.<span style=""> </span>Debt
cancellation is based on the sovereignty of the Greek people,
who will force creditors to accept its terms. </span></h1>
<h1 style="margin-left: 18pt; text-align: justify;"><span
style="font-size: 12pt; font-weight: normal;" lang="EN-GB">On
Friday 28<sup>th</sup> October the Greek people celebrated their
resistance to the Axis powers in 1940. The majestic and
determined actions of the people, which marked this anniversary,
show the way to rid ourselves of the creditors¢ shackles and end
the new Occupation that they attempt today. The Debt Audit
Campaign¢s conference planned for the near future, aims to be a
step in our society¢s struggle to cancel the </span><span
style="font-size: 12pt; font-weight: normal;" lang="EN-GB">illegal,
illegitimate and unconstitutional</span><span style="font-size:
12pt; font-weight: normal;" lang="EN-GB"> debt!</span><span
style="font-size: 12pt; font-weight: normal;" lang="EN-GB"></span></h1>
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