Analysts all over Europe are still puzzled as to why German Chancellor Angela Merkel made such a rush trip to Greece. After all the Chancellor only announced her decision to visit the Greek capital several days before her arrival, and in the diplomatic world this is highly uncommon. But as we all know, and certainly as the Chancellor is well aware, some things are better left unsaid. Especially over the telephone. They sometimes need a hands on or Tet-a-Tet approach.
Those who actually believe that Merkel came to Athens in order to get a "closer view" of the economic crisis and how it has literally destroyed the daily lives of its citizens are either naive, or do not grasp reality. Mrs. Merkel, knows about the situation in Greece all too well. In fact we would not be surprised if she over-squeezed our economy, knowing very well -ahead of time- that at some point she would come in to save the day.
But how can the Greek economy make a jump back?
Well, if you are all like us and follow the news everyday, then you will remember that she made a similar rush (or unannounced) trip to Cyprus 22 months ago for several hours also.
We had a flood of the same type of reports back then as well, because Germany has never really been actively involved in the Cyprus issue. In fact she is more pro-Turkey. So why the hell would she make a rush visit to Cyprus?
Tick tock... tick tock... tick tock...
We will give you a hint.
It's black, its gold, it was the reason for a Hollywood comedy series and is the reason every war in the world happens!
Give up?
ENERGY RESERVES.
The reason Angela Merkel made a similar trip to Cyprus 22 months ago, much in the same way she did in Greece on Tuesday, is one in the same. The energy reserves found in Greece's and Cyprus' EEZ.
As some may recall, HellasFrappe quoted a Reuters report last week which stated that Antonis Samaras received a dossier containing geological data that proves that there is over 600 billion in natural gas just under Crete alone. What we didn't know, but discovered via a report on defencenet, is that this dossier was given to Samaras by the German Embassy and concerns the exploitation of Greece's energy deposits for the overall "benefit of Europe" of course... of course.. (or better yet for the benefit of Germany).
Germany may be the leading country in exports in all of Europe, and the third globally, but its permanent dilemma concerns its lack of energy resources. Something that it has paid dearly in the past. For instance, A. Hitler "ran out" of gasoline and oil, in the second world war, especially after it lost Romania.
Germany has limited energy resources. Currently it barely produces 147,200 barrels of oil a day but needs 2.5 million barrels. Also, it only produces 12.65 billion cubic meters of natural gas every day but requires some 99.5 billion cubic meters in order to cover its needs. All this in an economy that scores some 1 trillion euros in exports every year. Obviously it wants to maintain its position as a leading export nation, and therefore needs Greece and Cyprus to cover its energy needs.
Also... Is it a coincidence that Merkel came to Greece two weeks ahead of the initiation of seismic surveys in Greece's EEZ? The results of these surveys will reveal the size of our country's natural wealth by May 2013.
When Angela Merkel visited Cypriot President Demetris Christofias at the Presidential Palace in January 2011, it was not by chance either. The same holds true with her visit to Greece.
In fact Greece and Cyprus are the only countries in all of the European Union that have already either identified or are in the process of identifying hydrocarbon deposits. The "narrow" (by suffocation of course...) relationship with Germany, only guarantees Berlin that it will gain what it never had: ENERGY.
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