THE ENFORCEABILITY OF THE GREECE-EUROZONE AGREEMENT. This Guardian hourly report for February 16 on the Greece-Eurozone negotiations has an explicit statement of the problems I have been raising. It’s in the entry for 11:05 a.m. “Georgios Karatzaferis, head of the populist Laos and the government’s junior party … lambasted the loan agreement this morning as being ‘essentially unenforceable.'”
There is reason to question whether there is in fact a loan agreement. The Guardian hourly report for February 15 began by asking at 7:45 a.m.: “Antonis Samaras of the New Democracy party has not signed a letter promising to implement the reforms. Will he sign today?” The 12:47 entry says: “Here’s the key line from the letter which New Democracy’s Antonis Samaras has signed and dispached to the Troika: ‘If Nea Demokratia wins the next election in Greece, we will remain committed to the Program’s objectives, targets and key policies as described in the MoU/MEFP.'” I think that there is no agreement to enforce.
This new business, the robbery of the Museum of Greek Antiquities, “because the staff was cut to the bone and we couldn’t protect these priceless artifacts,” well, it’s made my blood boil. Phil has long pointed out the outrageous strategy, when agencies really don’t want to cut anything, and they announce to the public, “the police force will have to be disbanded, and stock pile water in case your house catches on fire, because we won’t be able to do that for you either.” It’s unconscionable. And, in this case of the Greek antiquities, even if they are tracked down eventually, some will be broken, some missing, and the whole things reeks.