TSIPRAS SLIDES TOWARDS DEFAULT AS EARLY AS MAY


Negotiations between the Greek government of Prime Minister Alexis Tsipras and its international creditors ended in deadlock on Tuesday.

http://greece.greekreporter.com/2016/04/27/tsipras-asks-for-eu-summit-after-greece-creditors-talks-fail/

The impasse on negotiations to unlock the next bailout tranche comes as Tsipras is about to run out of money. The government may be unable to pay salaries and pensions as early as May, according to media.

If Greece undergoes a disorderly default, it will mean that creditors can, theoretically, seize state assets, including public buildings such as town halls, public court houses, police stations.

At a guess, all these government buildings in Larisa might have a value of about ten million euros in the current depressed market. The court house has a rather good location on the main square and might be worth a bit more.

A good plan for creditors might be dividing Greece into regions and focus on seizing assets in their particular region as repayment for their debts.

European countries also have the option of returning to Greece all the migrants who entered Europe through Greece in conformity with the Dublin rules.

Any creditor government which needs help in dealing with Greek courts can contact me. I have considerable, real life experience of the court system in Greece and am happy to be of service.

In fact, I am also set to become a “creditor” since the Greek government will not have the cash to pay me the huge sum in compensation that is coming my way after it emerged that Ministry of Interior, no less, was behind the cover up of a de facto murder attempt made against me on account of my journalism activities and inventing fake people to question.

I have already started thinking about what state assets I might take in lieu of cash, and came across this little object in the centre of Athens.  Those crumbling marble columns will surely get me a discount.

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