Greek PM announces cabinet reshuffle

[Horn]

http://www.youtube.com/watch?v=HQfNZLfJ4yY&feature=player_embedded

[Dogman]

Yes

Its done all the time, Reshuffle the deck and play in the same rigged game! Just like england , the people do not understand that their house is burning down around them , and they are asking for more gas to throw on the flames.

It will get worse! And spread.

[Canadian-guerilla]

this resuffle crap happens in Canada too

some political crony, will be given a cabinet position in a field he has no experience in

[Horn]

Greek Communists React to Re-shuffle.

ANA-MPA/The Communist Party of Greece (KKE) on Friday described the new Cabinet arising earlier from a government reshuffle, as a "government dangerous to the people, for the passing of the new barbarous measures and preparation of the government's more apparent collaboration with the parties of the plutocracy". It reiterated its call for immediate elections and called for popular and political vigilance, organisation and action with the KKE.

"The parties of the system do not change by changing faces. They only become worse for the people," it added.
The Popular Orthodox Rally (LAOS) party, said that "from an ecumenical government (being sought) we ended up with a government of the 'deep' PASOK", adding that "Greece missed a golden opportunity, because some sides did not manage the issue well, or did not want to".ana-mpa


The Coalition of the Left, Movements and Ecology (SYN) said that the "tragicomedy we have been living in these past days continued with today's reshuffle", adding that "it seems that noting is capable of halting the course to complete collapse of the government".


SYN stressed that it was of absolutely no importance who will implement the most unjust and anti-social policy of the last decades, when the issue was its full reversal. It added that the ease with which the government and main opposition party exchange accusations and invitations for a joint "national" effort underlines how similar their policies are and how hypocritical their stance is towards the Greek people.ana-mpa


"PASOK and ND are part of the established vicious political system of the last decades, which is completing its circle," SYN said.
The non-parliamentary Democratic Left party said that with the policy that the government has been implementing over the past 20 months, the country and society are facing the immediate danger of collapse.


The content of this policy must change, it stressed, adding that the only thing that the Cabinet reshuffle can accomplish is a temporary beautification of the picture, but which will not endure.

http://static5.businessinsider.com/image/4bf16e467f8b9af214a00400-354-265/kke-communist-greece.jpg


http://www.ana-mpa.gr/anaweb/user/showplain?maindoc=10069208&maindocimg=6529859&service=98&showLink=true

[Olmstein]

this resuffle crap happens in Canada too

some political crony, will be given a cabinet position in a field he has no experience in

I'm sure they all have experience lying. That seems to be the main job of bureaucrats and politicians.

[Hatha Sunahara]

Here's an piece that explains what is going on globally. Any changes in the government have no effect on the overall agenda--anyone who gets appointed or elected is part of this agenda.

http://www.intrepidreport.com/archives/2166

The Greeks are smart. They'll see through this.


Hatha

[mick silver]

i bet what they did will fix whats wrong

[mick silver]

Credit ratings agency Moody's says it may downgrade its ratings of France's three largest banks over their exposure to Greece.

Moody's said Wednesday that BNP Paribas and Credit Agricole face a one-notch downgrade, while Societe Generale could see a two-notch decline through their holdings of Greek government bonds or through their local banking subsidiaries.

Earlier this month Moody's downgraded Greece by three notches from a B1 rating to Caa1 with a negative outlook, citing increased risk that the financially stricken country will be unable to handle its debt problems without an eventual restructuring – paying creditors less than the full amount, or later than originally planned.

Meanwhile, ratings agency Standard and Poor’s (S&P) lowered its long-term counterparty credit ratings on four Greek lenders to 'CCC' from 'B'.

The agency said that the financial profiles of National, EFG Eurobank, Alpha and Piraeus “are exposed to significantly heightened risks as a result of deterioration in Greece's creditworthiness and Greek depositors' perceptions of a possible government debt restructuring.”

S&P added that “the negative outlook reflects the possibility that the banks could be downgraded again if we believe the banks are likely to default on their obligations as defined by our criteria.”