8 Videos About Kikilias Ileana That'll Make You Cry

There is a hidden Greek banking crisis which nevertheless the Greek political and economic leaders decline to confess. They are trying to prevent producing panic and hope (against hope) that it can be conquered. They are misguidedly believing that if the European crisis subsides, so their problems will too. Absolutely nothing might be more incorrect.

After my revelations ended up being recognized, more and more doubters in the monetary community are seeing the facts and are beginning to speak honestly about the Greek banking problems. They know that these need instant treatment prior to the damage triggered by a sharp escalation will end up being irreversible. What the devious politicians try to hide is the remarkable method the stock market (the banking sector) has collapsed with banking shares suffering an extraordinary crash. It is a reality that throughout the last 12 months the loss of Greek banks varied from 14% to 70%; with an overall showing eleven of them are more than 40%.

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The Greek banking market has actually remained in 'meltdown' since November 2009 onwards and the Greek government has actually entirely failed to stop this procedure while declining to comprehend what the Greek banking crisis is, and the genuine factors behind it. This is nothing less than a secret banking crisis. Do you need even more evidence? All you have to βασίλης κικίλιας παιδια do is take a look at the dashboard of the Athens stock Exchange to understand that international financiers have actually sold out the Greek banking shares.

The most important reality of all, however, is that Europe has actually not comprehended it faces as a whole, an extreme banking crisis, which increases systemic danger and the Greek banking sector which, even if they were totally healthy - which it is not - faces a major systemic infection risk. When the international banking crisis broke in 2007, the then Greek government made sure to tension that Greece did not face any danger as the Greek banks were not exposed to harmful financial investment products. At the same time the opposition, had actually then sped up to confirm this reasoning with the result either of the 2 significant parties not to discuss the requirement to secure the Greek banks from possible contamination, which was more than specific. What a timeless mistake of rejection!

What is overlooked is that financial investment products are not 'born' however become hazardous when scenarios change for the worse and that the routes of worldwide capital quickly move a problem from one continent to another. The failure of the Greece, and her mounting issues (seen in their true light) and the connection with European and global economic and financial environment has actually already cost Greece, the EU and the world, the worst financial obligation crisis and the inmost economic downturn in contemporary financial history.

And as a serious caution, If not dealt with urgently launching a realistic response to quickly and in the first issue in the international media, the degrading circumstance in the Greek banking industry will be difficult to conceal. The problem of the Greek people and the panic that everybody wishes to disappear will be really challenging to prevent with disastrous effects for the state as a whole.