{"id":5084,"date":"2026-05-12T08:27:00","date_gmt":"2026-05-12T05:27:00","guid":{"rendered":"https:\/\/en.tomanifesto.gr\/?p=5084"},"modified":"2026-05-12T08:27:00","modified_gmt":"2026-05-12T05:27:00","slug":"banks-and-foreign-funds-tsipras-is-back-in-a-time-capsule","status":"publish","type":"post","link":"https:\/\/en.tomanifesto.gr\/?p=5084","title":{"rendered":"Banks and foreign funds: Tsipras is back in a time capsule&#8230;"},"content":{"rendered":"<p>Finally true: man does not change! <b>Alexis Tsipras<\/b> returns carrying with him the old accusatory tone and all the old lies. <\/p>\n<p><b>As if he has never governed, as if his government was not the one that signed and legislated everything he is &#8220;denouncing&#8221; again today.<\/b><\/p>\n<p>The video he released of him explaining how he will&#8230; rescue us again from the <b>external funds<\/b> he brought to Greece, and put order into the banks he closed down, is truly outrageous! A comparison between what he did, what he said <b>to hijack the vote in 2015<\/b> and what he is saying again today leaves no doubt about the past, present and future. <\/p>\n<p>Why it is Mr Tsipras who with law 4354\/2015 brought foreign funds to Greece and with<b> law 4472\/2017<\/b> handed over the management of loans (both performing and non-performing), as well as immunity for their executives.<\/p>\n<p>And if there is the slightest doubt about the issue of immunity, that law was clear: &#8220;Those who by law or by operation of law have custody or in any way manage the property of a credit or financial institution (in whole or in part or only for a certain transaction) <b>shall not be subject to criminal and civil liability for acts or omissions which they commit for the purpose of restructuring or cancelling loans, debts or debts<\/b>.&#8221;<\/p>\n<p>This is the same man who, with <b>Law 4549\/2018<\/b>, allowed foreign funds to be based outside Greece. The same man who with <b>law 4472\/2017<\/b> brought electronic auctions. The same one who with <b>Law 4549\/2018<\/b> allowed banks to inform borrowers that they sold their loan to a foreign fund with a simple email or SMS and without any longer having to give a 12-month notice. The same man who with <b>Law 4512\/2018<\/b> gave the green light to accelerate the resumption of auctions &#8211; from 30 to 8 days.<b> He was also the same man when he called the funds &#8220;ravens of destruction&#8221;, promising &#8220;seismic activity&#8221;.<\/b><\/p>\n<p>What he said before he voted with both hands (one his, one Kammenos&#8217;) confirms the man&#8217;s unreliability. It&#8217;s obvious that when Syriza said &#8220;no house in the hands of a banker&#8221; he meant it: <b>After the recapitalization of the banks and after the deal with the lenders in the basements of Hilton, banks and property went straight into the hands of the &#8220;speculative funds&#8221;, the famous &#8220;crows&#8221; they used to denounce.<\/b><\/p>\n<p>For the sake of propaganda, in the law passed on 15 December 2015 in the Chamber of Deputies &#8211; and even under the emergency procedure &#8211; there were baptisms again and the funds were called &#8220;companies&#8221;. Today, Mr Tsipras is returning to &#8220;speculative funds&#8221; and crows. <\/p>\n<h2>The false war on &#8220;predators&#8221;<\/h2>\n<p>And because repetition is the mother of learning, I quote and quote: <\/p>\n<p>&#8211; <b>June 17, 2013.<\/b>A. <b>17.17.Tsipras, speech at an open political meeting of SYRIZA at Syntagma: &#8220;We made it clear that our debt is not to the bankers and the big funds. Our debt is to the unemployed, the uninsured, the newly unemployed. We owe them first and then the lenders.&#8221;<\/p>\n<p>&#8211; <b>December 4, 2013.<\/b> Statement by the Press Office of SYRIZA: &#8220;The Parliament cannot leave weak citizens unprotected against loan sharks and international funds that are lurking and investing in destruction, even to the point of taking their homes&#8221;.<\/p>\n<p>&#8211;<b>7 December 2013.<\/b> A. Tsipras, Speech on the budget: &#8220;The SYRIZA government has a plan to defend both borrowers and deposits. The SYRIZA government will put Greek banks refinanced with the capital of the Greek people under public control. Their managements will have to say goodbye to them, so that they can be brought under public control as soon as possible, before they come under the control of foreign lobbies, the predators of the markets, who want to grab the country overnight for a piece of bread.&#8221;<\/p>\n<p>&#8211;<b> 28 March 2014.<\/b> Statement by A. Tsipras: &#8220;Greeks, Greeks, at this time a crime is being committed against our people and our country. A social, economic and national crime. The Samaras government has agreed with the Troika to give away the banks to foreign speculative funds and domestic oligarchs.&#8221;<\/p>\n<p>&#8211; <b>23 April 2014<\/b>. A. Tsipras, speech in Ierapetra: &#8220;But now things have changed dramatically. The old one is rotting, malforming, poisoning society and the country. Lenders, markets, foreign patrons, gluttonous funds, corrupt and bankers, have fallen on the body of the country and society. And the Left is the party that can turn despair and anger into a force for change and reversal. To confront the anomaly, to neutralize the dangers for the homeland and democracy.&#8221;<\/p>\n<h2>Left for &#8220;new earthquake&#8221;!<\/h2>\n<p>&#8211; <b>14 September 2014.<\/b> Alexis Tsipras at the Thessaloniki International Fair, where he presented the famous <b>&#8220;Thessaloniki programme&#8221;. <\/b>There, he made it clear that a Syriza government would&#8230; take the 11 billion from the HFSF and use 3 billion of it to &#8220;finance an intermediary for red loans and special purpose banks&#8221;: &#8220;We are establishing the <b>&#8220;new seismicity&#8221;<\/b> for the regulation of the so-called &#8220;red loans&#8221;, which is a prerequisite for the consolidation of banks&#8217; portfolios, the restoration of liquidity, the relief and growth restart of the economy. The &#8216;new seismic shift&#8217; will include, where appropriate, the cancellation of part of the debts for those borrowers below the poverty line and, as a general principle, an adjustment of the debts so that the total debt service to banks, the State and insurance institutions does not exceed \u2153 of the borrower&#8217;s income. We recommend a public intermediary for private debt management not as a &#8216;bad bank&#8217;, but instead as a manager of all types of arrears to banks and as an auditor of the banks&#8217; implementation of the agreed arrangements. (&#8230;) <b>We will not allow the crows of the international distress funds to speculate by confiscating the homes of citizens<\/b>&#8220;. <\/p>\n<h2>Would ban takeovers by &#8220;crows&#8221;<\/h2>\n<p>&#8211; <b>3 January 2015. A. Tsipras.<\/b> Speech at the SYRIZA&#8217;s permanent programmatic conference: &#8220;We ban the buyouts of red loans by international funds that aim to speculate on the backs of Greek citizens and the Greek economy&#8221;<\/p>\n<p>&#8211;<b>15 January 2015. <\/b>Pre-election speech by A. Tsipras in Rhodes: &#8220;This is what our people will prevent with their vote on 25 January. This will be prevented by SYRIZA, on 26. Because with SYRIZA, no house in the hands of a banker. Period.&#8221;<\/p>\n<p>&#8211; <b>January 18, 2015<\/b>. A. Tsipras, speech in Trikala: &#8220;But at the same time, if this continues, the auction procedures will be liberalized because this government is not going to put a brake on it. This government is not going to stop this government.<\/p>\n<p>&#8211; <b>February 17, 2015.<\/b> Speech of A. Tsipras to the SYRIZA CO: &#8220;We will start, then, immediately after the election of the President of the Republic, on Thursday morning. We are submitting, under the urgency procedure, the first of the draft social salvation law, which will include immediate measures to protect people&#8217;s homes and prohibit the sale of loans to predatory investment schemes &#8211; the infamous <b>&#8220;distress funds<\/b>&#8220;.&#8221;<\/p>\n<p>&#8211; <b>September 3, 2015<\/b>. A. Tsipras, speech in Egaleo: &#8220;Do we want the Left of society, or the New Democracy of kleptocracy, to negotiate for the red loans, for our houses, which are coveted by the banks and the crows?&#8221;<\/p>\n<h2>Talk and after the third memorandum<\/h2>\n<p>&#8211;<b>7 September 2015<\/b>. Press conference of A. Tsipras at the TIF: &#8220;All loan agreements may be accompanied by an MoU (memorandum of understanding), but it makes a big difference whether there will be strong negotiation and assertion so that red loans do not go to distress funds.&#8221;<\/p>\n<p>&#8211; <b>13 September 2015<\/b>. A. Tsipras, speech in Keratsini: &#8220;We have been rallying and fighting since 21 September: to guarantee the protection of the first home from auctions and the sale of red loans by banks to foreign predatory funds. Only we prevented this in the negotiation. Only we can guarantee it for the future.&#8221;<\/p>\n<p>&#8211; <b>September 15, 2015<\/b>. From SYRIZA&#8217;s draft government programme: &#8220;At the same time, according to the neoliberal model, red loans constitute a large market, which offers huge profit margins, through the capture of the private property of borrowers, who want to be left unprotected against the jurisdiction of banks and aggressive funds (hedge and vulture funds), and through the control of the reorganization of the business sector of the economy and the oligopolistic concentration of business activity, to the benefit of the interconnectedness and the oligarchy.&#8221;<\/p>\n<p>&#8211; <b>5 October 2015.<\/b> Speech by A. Tsipras on the government&#8217;s programmatic statements: &#8220;We have four major battles ahead of us: 1) Red loans. We seek to ensure the protection of the first home for those who demonstrably cannot afford to pay and to prevent the possibility of so-called distress funds buying loans.&#8221;<\/p>\n<h2>&#8220;Hey, I&#8217;m telling you this now&#8221;&#8230;<\/h2>\n<p>&#8211; <b>8 December 2015<\/b>. A. Tsipras on ERT 1: &#8220;Our goal is in any case to protect healthy entrepreneurship, but on the other hand we must also recognize the fact that there are businesses and entrepreneurs in our country who probably have their money abroad, have had their businesses in the red for a very long time and yet they continue to have profits which they do not show. Okay, this is where we need to&#8230; Otherwise the banks will not be cleaned up if we stay like this. But it will have to be in a way that does not go into the hands of the funds&#8230;<\/p>\n<p><b>P. HARITOS<\/b>: Which will go into the hands of the funds?<\/p>\n<p><b>A. CSIPRAS:<\/b> Well, that&#8217;s what I&#8217;m telling you now. First of all, we want to completely exclude what we call distressed funds, i.e. the &#8216;ravens of destruction&#8217;.&#8221;<\/p>\n<p>&#8211;<b>June 2, 2016.<\/b> The Tsipras-Kamenos government arrives in Parliament and with a rain of amendments&#8230; unvotes what it had voted just ten days earlier, on May 22!<\/p>\n<p>So, even loans guaranteed by the Greek government were no longer exempted from being sold to foreign funds. Now, Mr. Tsipras returns to&#8230; chase again the crows he himself brought in&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finally it is true: man does not change! Alexis Tsipras returns carrying with him the old accusatory tone and all the old lies.<br \/>\n&#8230;<\/p>\n","protected":false},"author":1,"featured_media":5085,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"acf":[],"_links":{"self":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/5084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5084"}],"version-history":[{"count":0,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/5084\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/media\/5085"}],"wp:attachment":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}