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February 20th, 2012 
FAKE NEWS for the Zionist agenda “All the elements are in place… both with the bankers, private sector creditors, and public sector creditors, the states and central banks,” French Finance Minister Francois Baroin said on Monday.
Eurozone finance ministers are due to meet in Brussels on Monday to bring Greece back from the brink of default by agreeing to a second bailout worth EUR 130 billion in exchange for harsh austerity measures.
Greek Finance Minister Evangelos Venizelos also said on Monday that he believes the Greek government had met all the conditions for a second bailout to be released.
“The Greek people send to Europe the message that they have made, and will make, the necessary sacrifices for our country to regain its position of equality within the European family,” Evangelos said.
The deal is vital for the Greece’s coalition government led by Prime Minister Lucas Papademos to pay off 14.5 billion euro bond redemption payment on March 20 and to go ahead with a related EUR 100 billion debt relief deal with private investors
Successive rounds of austerity measures, demanded by the EU, the IMF and the European Central Bank – Greece’s international creditors, have forced Athens to massively cut its private and public sector wages, pensions, health and defense spending.
The move has triggered massive protests in Greece over the past few weeks. Demonstrations last Sunday ended with looting and torching of buildings in central Athens.
Greece has the highest debt burden in proportion to the size of its economy in the 17-nation eurozone. Despite austerity cuts and the bailout funds, the country has been in recession since 2009.
PG/JR
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