LPAC are reporting that after Queen Liz II made a rare visit to Germany in June, Germany increased the severity of its demands of Greece.
The Greek debt negotiations had been proceeding in June. Germany's demands against Greece were much more moderate at that time, according to an AP wire of today carried in the New York Times. But then, those negotiations were adjourned on June 26, to await the results of the Greek referendum which was held on July 5. (In that referendum, Greeks overwhelmingly rejected the austerity demands of Germany and the Eurozone countries.)
Now during just the same period the negotiations were interrupted, Britain's Queen Elizabeth made a rare state visit to Germany over June 23-25, and met there with Chancellor Angela Merkel, among others. It is not known at this time whether she also met with German Finance Minister Wolfgang Schaeuble. But on June 25, the last day of the Queen's visit, Chancellor Merkel complained that Greek negotiations had "lost ground," and Schaeuble warned that the sides were moving apart.
Then, last Saturday, July 11, on the eve of the summit which resumed the broken-off negotiations, Schaeuble and the German delegation showed up with new demands, the "toughest ever," which even their allies said "came out of the blue," AP reports. One summit participant
"said that the extra demands were immediately perceived as provocative."
Schaeuble had received and carried out the Queen's orders. He even demanded that Greece be thrown out of the eurozone. Although Greece was not thrown out at that time, the violations of sovereignty and genocidal conditions were so brutal that they amounted to Greece's murder.
[source : British Queen Ordered Schaeuble's Greek Crackdown; Here are Her Next Orders for Obama, LPAC, https://larouchepac.com/20150716/british-queen-ordered-schaeubles-greek-crackdown-here-are-her-next-orders-obama, 16th July 2015]
The FT is reporting that Schaeuble has put the Grexit back on the table, even though the Greek Parliament (not the people) agreed to accept the harsh bailout conditions despite the IMF chief Lagarde stating that the terms of the bailout will do nothing to decrease the debt, implying that the conditions would be pointless, raising the question as to why Greece should vote for such flagellation if it wasn't going to reduce the debt.
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Days after Greece appeared to escape crashing out of the euro, hawkish German finance minister Wolfgang Schäuble has put Grexit back on the political agenda, raising tensions in Berlin and across the EU.
Speaking before a key Bundestag vote on Friday, Mr Schäuble said voluntary departure from the eurozone “could perhaps be a better way” for Greece than a proposed €86bn bailout package, which was painfully assembled at a marathon eurozone summit in Brussels over the weekend.
Despite his misgivings, the 72-year-old German minister said he would still personally put the package to parliament. His hollow-sounding pledge was eerily familiar to one from Athens this week, where Greek premier Alexis Tsipras presented the same plan to Greece’s parliament while admitting he did not believe in it.
Mr Schäuble’s manoeuvre makes clear he is leaving open a Grexit option, even as he is formally backing the latest rescue plan to keep Greece in the eurozone.
[source : Germany’s Wolfgang Schäuble puts Grexit back on the agenda, FT, http://www.ft.com/cms/s/0/4bb34e4e-2bcf-11e5-8613-e7aedbb7bdb7.html?siteedition=uk#axzz3g7vnxLmV, 16th July 2015]
So even though the Greek parliament accepted the severe austerity, Schäuble still proposes a Grexit. Why is he doing that?
It is interesting that the Queen makes a rare visit to Germany and then Germany increases the severity of its demands. But are the two directly linked? Is this just an assumption without hard evidence?
Well, I think the theory is supported by Christine Lagarde's statement, just before the Greek parliament voted on the bailout, that the harsh conditions would do little if anything to reduce the debt.
And what happened to the bailin? Maybe that will come later.