Standard and Poor's 'coincidentally' upgrades the Greek economy after Greece expels two Russian diplomats
Credit ratings agency Standard and Poor's has upgraded its outlook on Greece to positive, citing improved policy predictability and economic prospects. In a statement published late Friday, the agency said that this reflects a possible upgrade if the authorities unlock Greece's growth potential by boosting competition in product markets, bolstering property rights, simplifying bankruptcy procedures and improving the enforcement of contracts.
We are talking about the country that was excluded from the markets and entered the disastrous IMF program supervised by its creditors (ECB, European Commission, IMF), with a debt at 120% of GDP. Guess what: now the euroclowns decided that the country no longer needs to be in the program with a debt at 180% of GDP! And the rating agencies of the global financial mafia decided to upgrade Greece!
Previously, Reuters opened the road through the headline 'Greece prepares to fly solo on bond markets'.
Just when the ruined Greek economy was left alone to swim with the sharks of the “free markets”, the mechanisms of the Western imperialism rushed to provide the country with the necessary credibility. Why now?
Here is why: Greece fully obeyed to the desire of the Western neocolonialists to cut ties with Russia. Indeed, ties between Greece and Russia dramatically deteriorated after the Greek government decided to expel two Russian diplomats, and ban the entry into Greece of two more. The action came on the alleged intrusion into domestic affairs and illegal acts against Greece's national security.
Do you need more evidence that the 'free market' is a fairy tale and that all motives are purely political?
The once Leftist Alexis Tsipras and his administration are doing whatever they can to please the Western neocolonialist apparatus in order to get support for the 2019 national elections.
With the right-wing opposition leader, Kyriakos Mitsotakis, being definitely a faithful neoliberal puppet of the West, the options of Greece for geopolitical flexibility have been dramatically reduced. The debt colony no longer will be able to make any decision by its own. It will have to obey fully either to the US imperialists, or, the Brussels-Berlin axis.
Greece will pay another heavy price in the future for this disastrous decision to cut ties with Russia. History shows that the ruthless Western imperialists will have no problem even to dissolve the country, as long as such a development serves their interests.