The End National Debt - End Public Debt (E.N.D.) group, composed of Greek expatriates from all over the world, held a press conference in Athens on Monday announcing that Greece and Cyprus can redeem the funds immediately if they chose to and pay off their national debts, since the capital has already been deposited in Toronto and Ontario Canadian banks.
Leading the effort was the benefactor of the fund Mr. Soras and the Chairman of END Mr. Emanuel Lambrakis. The officials gave reporters supporting evidence of the funds. According to the news site newsnow their speech had a strong patriotic character, and both Mr. Soras and Mr. Lambrakis stressed that they would not allow Greece to fall (or to bankrupt), "because some want. It will remain free and will be dominated by Greeks."
Mr. Soras specifically said: "They will not be able to bankrupt Greece, because the $600 billion US dollars have already been deposited. The main condition (concern) is to hold a thorough audit on where the money went, because the amounts do not make sense to me. All those who "cooked" the deficit account will be held accountable. I am interested (in uncovering) who brought Greece to its present state, and what damage he has done by his signature."
Mr. Soras then referred to the Memorandum that was signed by former premier George Papandreou and his finance minister George Papankonstantinou, and specifically to the part which states that the acquisition of the Greek debt from third countries was prohibited. "The Greek national debt cannot be acquired from anyone of Russian, Chinese, etc, other than someone who is of Greek origin. This was probably not predicted by the lenders because they probably believed that there couldn't be a Greek with so much capital and that would be able to acquire the national debt. And so we answer them, we are here, we are Greeks and the money exists, and we have already deposited it."
The Chairman of the END Mr. Lambrakis (who is a medical surgical professor by trade), stressed that the organization was invited by a group of African and Caribbean countries at the UN nations a few days ago where they presented their program. We received 24 applications for funding states with an interest rate of 0.5%. This rate is symbolic to justify the loan otherwise it would be considered a donation and there would be other issues to deal with. However, Cypriots who are enslaved, or are under occupation, the rate will be 0%. We deposited the money in Canada. The 600 billion for Greece is also deposited and verified as genuine."
The surprise at the press conference was the revelation by Mr. Lambrakis about the Greek debt. He said that he and his colleagues were asked why we intervene now and he said that the primary reason is because Greece is likely to default in the coming days and they are hiding this from the people.
"The 31.2 billion (expected bailout tranche) will not go to the market. It Is money from a bond which Greece owes to a private investor since 1982 and the Greek government is "fixed" on paying it back, because if it does not have the money to do so between Ocotber 4-14 then Greece will go bankrupt."
He ended by noting that "our triptych is hope, justice and education. We do not favor any particular party nor represent any religious group. We are Greeks above all. If Orthodox priests put Orthodoxy before Greece, they will find us sitting opposite to them. If leftists place their ideology before Greece then we will be against them. The same applies to the Golden Dawn party (and to all). First and foremost, (above everything else is) Greece. " (Source in Greek newsnow)
Find out who Mr. Soras is and how this capital was raised by clicking here.
Read our previous report on this issue by clicking here
WATCH THE NEW INTERVIEW FROM MR. LAMBRAKIS
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