bankers demand dictatorship in europe

IIF Report: Bankers Demand Dictatorship after Greek Elections; New Democracy Blasts IIF Election Interference

The bankers who are now ruling Europe are demanding a dictatorship of technocrats for the new Greek government no matter who gets elected. 


According to a report by the Institute of International Finance (IIF), the bankers said since even a post-election coalition between Pasok and the New Democracy would have trouble receiving support for what they have to do to continue to receive the bailout and stay in the euro, they should call on an administration of technocrats to run the government, in the Monti-style in Italy.

New Democracy spokesman Yiannis Michelakis issued a statement condemning the IIF's report as an attempt to interfere in the elections. "We are greatly surprised by the references to the Greek elections on May 6 in the IIF's report," he said. "We remind the authors of the report that we have a democracy in Greece and we do not need anyone's instructions."

From a more positive direction, the head of the Russian branch of the World Council of Hellenes Abroad (SAE), Ivan Savvidis, yesterday, urged Greek voters to cast their ballot in favor of parties that will promote closer ties with Russia, underlining his conviction that only close relations with Russia can help Greece overcome its current crisis.  


"We must not forget that the Greek and Russian people have always been close, from the point of view of temperament and their spiritual faith, and have often given each other help and support in difficult times," Savvidis said.

Savvadis is a St. Petersburg-based businessman, a member of the Duma from the United Russia party, and is reportedly close to Russian President Vladimir Putin. He is also active in Russian-Greek economic relations and has been involved in organizing Russian-Greek economic cooperation conferences.