Oct 18, 2020
On this day in 1981.
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On this day in 1981.
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Α + Δ = love / 1989
It was a sunny autumn day when the bells in the churches of Athens started ringing joyously and the citizens rushed out on the streets, many of them waving the Greek flag in celebration. Everyone knew why. The bells were ringing the sound of liberation as the Germans who had occupied Athens for three and a half horrendous years were leaving. It was October 12, 1944, a day for Athens to rejoice.
Soon the rest of the suffering country would be free too. By November 3, the last German, Italian and Bulgarian soldier had left the mainland. Only Crete had to suffer under the German boot for a few more months.
The countdown to the withdrawal of the Germans and their allies from Greece had taken place a few months earlier, on June 6, when the American army landed in Normandy and began to move towards Germany, with the Soviet army advancing from the east side. It was obvious then that the days of Nazi Germany were numbered.
In the weeks before liberation, political consultations on the post-occupation situation in Greece were intensified. For their part, the Germans were looking for ways to leave the country safely. From April 26, 1944, Georgios Papandreou was leading the Greek government in exile. But it was the English the ones who were pulling the strings. With the Lebanon Conference (May 17-20, 1944) and Caserta Agreement (September 26, 1944), the ELAS and EDES resistance groups were placed under the orders of the Papandreou government, which was enriched with EAM executives.
24 July 1974 is one of the most important days in Modern Greek history, as it marks the restoration of democracy after seven years of military dictatorship. The coup d’état of 1967 resulted in a long period of fear, persecutions, encroachment of personal and political rights, distrust and instability. Every year, the day of the Restoration of Democracy is celebrated with a reception held at the Presidential Mansion in Athens.
Today marks 100 years since the birth of Andreas Papandreou, Greece’s first socialist prime minister and an extraordinary figure of 20th century European politics. Whether in or out of office, Papandreou dominated Greek political life for a generation. In his eleven years as prime minister (1981-89 and 1993-96), he provoked more blind adulation and more enraged vilification at home and abroad than any other post-war Greek or, for that matter, European political leader.
...Papandreou remains a fascinating figure in European politics, part populist and part visionary. A one-man election machine who conjured up oratory and imagery that retain their hold more than two decades after his death. But there is no escape from the conclusion that even if he was a master politician, he could not be the great prime minister that Greece needed him to be. In many ways, Papandreou’s premierships were a mirror of the country itself: psychological complexities and lack of discipline leading to squandered opportunities undermined by self-indulgence and scattered concentration.
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On November 1, 1968 the death of emblematic political leader Georgios Papandreou gave about 300,000 Greeks the opportunity to get out in the streets and demonstrate against the cruel dictators who had taken over the country on April 21, 1967.
The funeral of the “Old Man of Democracy” – as Papandreou is called to this day – two days later gave the colonels a taste of Greek people’s resentment.
Papandreou succumbed at Evangelismos hospital after hours of surgery at the age of 80. Before that he was under house arrest since the April 21, 1967 coup.
The news of his death was censored by the regime:
“Georgios Papandreou passed away at 2.20 am at the age of 80. His death was the result of cerebral thrombosis, which was impossible to be prevented by doctors. During his last moments Georgios Papandreou’s son Georgios was standing by his bedside. At three in the morning, the doctor of the former Prime Minister, Mr. Bakalos, announced: “At 2.20, the patient passed. Everything went well until 2.05, when a stroke occurred. Then, within 10 to 15 minutes, it was over.”
We are at the 10th anniversary of the global financial crisis that laid ruin to the Greek economy. The overriding lesson of the global crisis is the persistently weak governance of the global financial system.
We are at the 10th anniversary of the global financial crisis that laid ruin to the Greek economy. The overriding lesson of the global crisis is the persistently weak governance of the global financial system. I count six basic blunders that cost the world trillions of dollars in lost output and years of anguish. Unfortunately, among the worst blunders has been the handling of the Greek crisis, including the recent empty declarations that the crisis is over. If only life were as easy as the fantasies of the politicians and of European Union bureaucrats who routinely checked the boxes.
...In sifting through the mess of the past decade, I would like to pay high regard to George Papandreou and Yanis Varoufakis for trying to convince Greece’s European counterparts to agree on real solutions for Greece rather than mere temporizing measures. They showed resolve, talent and persistence, but alas they lacked willing counterparts. I give low marks to Jens Weidmann for his zealous market orthodoxy and Wolfgang Schaeuble for insisting on harsh fiscal policies in Greece that were designed more for local German politics than for Greece’s needs and Europe’s long-term interests.
The publication of Yiannis Papathanasiou’s new book, “8 Months,” by Livanis, on the period he served as finance and economy minister in the conservative government of Costas Karamanlis (2004-09), has reignited the debate regarding responsibility for Greece’s fiscal collapse in 2009-10.
In short, the book represents a fresh effort by Karamanlis allies to pass the blame onto his Socialist successor, George Papandreou. The issue has been analyzed repeatedly – occasionally with some objectivity, more often than not with selective use of evidence and monumental inaccuracies.
A report sent by Bank of Greece analysts to its governor, Giorgos Provopoulos, on October 6, 2009, which was just two days after PASOK’s electoral victory, sheds a glaring light on Karamanlis’s real fiscal legacy. The authors’ conclusion, presented in italics for emphasis, was that on the basis of the available data and developments, “we are facing an unprecedented fiscal derailment,” which, they said, “could only be explained to a very small degree by a slump in economic activity.” It is “absolutely certain,” they added, that the country’s fiscal position “is unsustainable.