Greece

Δε παίζει λέμε

http://www.mail.com/int/entertainment/lifestyle/362038-greece-hopes-tourism-rebound-amid-crisis.html#.1256-stage-set1-1

I think we should organize some kind of riot-tourism... Come to see our RIOTS with VIP placement on the roof of the buildings and free gas masks

that would be a good alternative to tzatziki-gyros-bouzouki

Je ne le pense pas, il ya quelques années à Halkidiki et nous avons eu un contre sommet de mars, il ya eu des émeutes sur le front de mer ... c'est là une raison pour une promotion touristique mais
on na pas voir toute hausse soudaine de turist

Link

0:01 Billions in bailout money for Greece; when will this ever stop?
0:05 This knee jerk reaction is understandable,
0:07 Germany doesn't want to bail out the debts of other countries
0:11 but, in this film we are about to present by Stefan Stuchnick, Kim Otto and Andreas Orth,
0:14 our country has indeed also profited from the Euro crisis.
0:20 We have re-evaluated, where and how .
0:23 And we would like to differentiate a bit
0:27 from the fairy tale we have been told of the German paymaster.
0:32 On Tuesday, the German Bundestag (Parliament),
0:34 is set to approve the new bailout for Greece, of 130 billion Euros.
0:40 A "massive amount", according to the newspapers [130 billion for Greece]
0:46 [Billions for Greeks, STOP!]
0:50 [Throw the Greeks out of the Euro!]
0:54 The message: we're constantly handing out money [Mad funding of billions-voted in Parliament!]
0:58 But large parts of these enormous amounts, so far, are just guarantees
1:00 which would be made available, if Greece were to actually default.
1:03 The current picture is somewhat different.
1:06 What Germany has payed Greece so far
1:09 is a comparably small amount.
1:12 Which is something even the Federal government has admitted. 15.2 billion Euros
1:17 Do the members of the economic commitee know what these numbers are?
1:21 [mumbles something] That is something we will have to... from this document paper by the ministry of finance
1:29 has been presented confidentially to the budget committee and
1:33 will then be made public .
1:34 According to our informations the KfW Bank.....
1:37 153 billion, right? [mumble] Honestly, I would have to read up on that.
1:44 But in reality the amount that KfW Bank has allocated and payed out is
1:51 actually 15.2 billion Euos. The amount of money that has actually flowed from Germany to Greece...
1:55 has been 15.2 billion.
1:58 Well, ok, of course you mustn't forget that, besides the actual allocated money
2:02 there are, of course, also many... companies in the private sector,
2:05 that are involved in this with their demands so, you mustn't forget that in the overall view.
2:10 The truth is: so far, Germany hasn't payed much.
2:14 The other truth: Germany is profiting strongly from the Euro crisis.
2:18 We are in Nuremberg, at the Ten Brink company
2:21 which produces in Greece as well as in Germany.
2:24 Since the beginning of the Euro crisis,
2:26 the German division of the company has of all things been profitting
2:29 which the employees are very happy about.
2:31 We have more than enough work and we are even doing overtime, working on Saturdays
2:36 and receiving a pay rise accordingly.
2:39 It's been long time since we have experienced such a good work situation.
2:43 The head of the company, Sascha Tenbrink, knows exactly why that is.
2:45 While his Greek factory is almost collapsing under the austerity programmes of their local government,
2:50 the German factory is cashing in.
2:52 The crisis has pushed down the Euro
2:54 which makes German products cheaper on the global market.
2:57 Our order books are full, our business volume has doubled and
3:02 the fact is, that because of a low Euro, we are having increased demand from abroad,
3:11 that is to say, our machines are for the most part being exported abroad,
3:17 and this is also due to the crisis in Greece.
3:20 Here, at the Institute for Macroeconomics and Business Research
3:24 Prof. Gustav Horn has done research for "Monitor" on
3:26 how Germany has been able to increase its exports through the low Euro.
3:31 We have calculated that as a consequence of the Greek crisis, the Euro went down sharply
3:35 and as a consequence of this devaluation, German exports went up by 50 billion (Euro)
3:40 which is 2% of the country's GDP, a remarkable amount.
3:44 And that of course, leads to higher tax revenues.
3:47 But thanks to the Euro crisis, Germany does not profit solely from exporting.
3:51 Here in the trading room of the Landesbank of Bremen numbers are known,
3:53 that in Germany only few people want to recognise.
3:57 Volker Hellmeyer, the chief analyst at the bank, has calculated for "Monitor"
4:00 what the German profits from interest alone has been in the past two years of the Euro crisis.
4:05 We have a very solid business activity, we have a very solid state finance situation,
4:10 and because other markets are so weak money is almost flooding into Germany.
4:15 And our interest gains, when very conservatively estimated, is at 45 billion Euros.
4:18 When we give it a broader estimate, we are looking at about 65 billion Euros.
4:26 The result is that the interest level, that we, the German taxpayers have to pay
4:31 is at a historic low.
4:32 Interest gains of 45 billion Euros; does the Economics Committee know that?
4:39 How much would you estimate that Germany has profitted by cheap bonds from the Greek crisis?
4:44 Well, those are calculations.... those are numbers... that, we've been told are somewhere in the single digit billions.
4:50 How much do you think Germany has profitted from this so far?
4:55 Well, this is...unfortunately, this is actually, not at all my area of competency, you've caught me off guard.
5:02 No, I don't know this.
5:04 I don't know this because you would have to look at the entire last two, three years...
5:10 since the beginning of the crisis, what refinance measures we have had,
5:14 how much bond exchange on the German side we've had, I can't tell you that off-hand.
5:18 This calculation by the economists at of the Landesbank of Bremen....
5:25 the details of which I don't have, but deem as a credible and solid source,
5:30 could well be correct. --- In Greece, on the other hand side, people are just saving
5:36 In the Macedonian mountains the Greek subsidiary of the German Ten Brink company
5:40 is producing for the local market, which has subsequently totally collapsed.
5:45 The contrast between it and the factory in Nuremberg couldn't be greater.
5:49 At the factory in Skydra there were once 40 employees, today there are only 15.
5:54 One of the few core staff remaining is Kostas Zyotas.
6:00 The Swiss citizen is currenty working more than in the past, but for a salary
6:03 which, even in Greece, nobody can live on.
6:08 Life is constantly getting more expensive.
6:09 Currently,as the sole family provider, I have just 500 Euros a month to live on.
6:14 And I am here working full time.
6:15 That is how low the wages have gone.
6:18 None of his customers has any money left to buy the machines, says the head of the company, Dimitris Zabidis.
6:23 He is scared for his factory.
6:26 We need an investment programme so that we can get back on our feet.
6:29 Just with saving alone won't help us.
6:32 When I consider our factory, we are producing machines
6:36 that are making tin cans for things like peaches, for example, and
6:40 as long as here, in this country, nobody can buy Greek fruit anymore
6:43 savings don't help.
6:45 In addition to the radical savings mandate for Greece,
6:49 a recovery programme like the Marshall Plan is overdue
6:53 and the making money is available.
6:54 "A Marshall Plan for Greece" in my opinion, should be a mandatory necessity.
6:56 We can also afford it, especially because Germany, so far has
7:00 profted the most.
7:03 But unfortunately investment programmes is not what's being decided here.
7:06 It's a mistake, that could also prove expensive for Germany in the long run
7:13 After all, it was also a Marshall plan which helped resurrect Germany at the Zero hour (in 1945).