The predatory attack of recent years coordinated and carried out by the
state and capital aims to crush the social base as a whole, to devalue
its working and living conditions, to deprive it of acquired rights, in
order for the bosses to increase their profits even more. more through
the toil and sweat of the workers. Those who are at the base of the
social and economic pyramid are also the ones who have been paying for
this structural crisis of capital for so many years.
With the decision of the domestic custodian of civil justice, the
Supreme Court, the possibility has been given to the servicers, i.e. the
Companies for the Management of Claims from Loans and Credits (EDADP),
to speed up the auctions. The management companies, which are based in
Greece, are subject to checks by the Bank of Greece and operate on
behalf of the funds, which since 2016 have been checking thousands of
loans in accordance with the relevant law of the then government of
SY.RIZ.A.. The funds they buy the private debt at a bargain price and
then cooperate with the servicers, the so-called collection companies,
which extort the borrowers over the phone. With the said regulation of
the Supreme Court, the funds and collection companies will have no
reason to proceed with debt settlements, which they are already starting
to withdraw. Instead, they will proceed directly to auctions. It is
worth noting that based on a relevant law of 2003, funds and servicers
will be exempt from all taxes (14 tax exemptions in total), thus
damaging the public coffers by 58 billion euros!
"Red" (non-performing/non-repaid) mortgages jumped from 5.4% in December
2008 to 44.5% in December 2018, while all those anti-people policies
that crushed wages and pensions, which freed up layoffs and inflated
unemployment. And then the politicians, who, in addition to the salaries
of thousands of euros they receive, "eat" whatever and wherever they
can, their parrots and their businessmen/capitalist agents have the
audacity to speak publicly about strategic defaulters and fraudsters,
trying to spread social cannibalism in the ranks of the oppressed. They
also claim that the country will lose its investment grade, that we will
go into surveillance and the debt will increase... In short, they
blackmail us and "work" us outright, without any care, because they
obviously look at the interests of their class, while we know that those
who paid and continue to pay their judgment are us, the social base.
Because, therefore, they are organic members of the same power
mechanism, they are the ones who shape or violate, depending on the
occasion, the current legal framework. In this context, they evade
taxes, owe exorbitant amounts without penalty (such as New Democracy's
480 million euro debt to the banks), are given debts and enjoy all sorts
of privileges. They throw their mud at the poor, having a position of
power, trying to make us "eat each other", instead of turning our fire
towards them. And if anyone thinks that the issue of housing and
auctions does not directly concern them, think again... The increase in
interest rates and inflation, that is, the indirect reduction of our
income and purchasing power, creates a visible risk of the increase of
"red of loans. So, the residences of the debtors who are aware today,
who are able to service their debt for the time being, are also going to
be at risk, but also new armies of debtors will be created.
Advertisement
The issue of housing is central to the survival of the working class. At
the same time that thousands of properties are being auctioned,
including public housing, rent prices and euro interest rates are
constantly rising (the ECB proceeded with its third consecutive increase
of 0.5%, with a total increase of 1, 75% and their estimated final jump
to 2.75% in the eurozone countries), as well as the prices of basic
consumption items. In fact, from the interest rate increases the annual
interest income of the banks, which were recapitalized three times with
public money during the memorandum period, will amount to 100-150
million euros per bank, i.e. approximately 450-600 million euros for the
domestic banking system. In addition, based on the bankruptcy code
passed during the New Republic government, the old owners are
essentially turning into tenants in their own homes. Thousands of empty
or closed houses and apartments remain throughout the territory (about
750,000 based on AADE data), while at the same time many people are at
risk of losing their homes or do not even have a residence. It is
characteristic that in 2011 in the Municipality of Thessaloniki the
percentage of vacant houses reached 28.2%. In the last year, rent prices
in Thessaloniki have risen by 15.1%.
It is, therefore, noticeable that housing, instead of an inalienable
social good, is considered as another commodity in the context of
capitalism. The strategic goal of housing, brokerage and banking capital
is the annihilation of home ownership, the removal of the labors of a
lifetime of toil and work. In this way, big capital seeks the
concentration of real estate and the consequent regulation of the
increase in rents. The future that capital and its political personnel
have in store for us is a nightmarish life where we will work only to
pay and again the money will not be enough...
The struggle to defend the first home is a struggle that must be waged
in collective and militant terms by the working class. Far from the
pre-election promises of bourgeois parties that are responsible for the
sale of public housing to investment and banking crows, we must organize
the solidarity and self-defense of our class. The idiom of prosecutions
of those who obstructed auctions in the justices of the peace and
subsequently the electronic auctions were the blows orchestrated by the
SY.RIZ.A. government, in order to serve the interests of capital and
attempt to suppress the solidarity movement that blocked the auctions.
With these regulations as its starting point, the current New Democracy
government is attempting to increase the number of evictions. We should
have no trust in any government, because they only serve the interests
of capital. It is, therefore, the duty of all those who "boil in the
same cauldron", to erect a wall of resistance against state repression
and the gluttony of funds, banks and management companies, to form
networks of solidarity guarding the people's roof, the first residence,
in order to let no man be found without a house.
We will not drown in debt, we will not sink into anxiety and despair,
nor will we work for crumbs like slaves... We must fight collectively,
self-organized and militantly for the defense of our class interests and
the satisfaction of our social needs, setting from now on the
foundations for the revolutionary overthrow of this barbaric system of
oppression and exploitation, to build together and from below a society
of generalized self-direction based on freedom, equality, solidarity and
common ownership.
HANDS DOWN FROM THE SHELTER
AGAINST THE SALE OF PRIMARY HOMES
HOUSING IS A SOCIAL GOOD, NOT A COMMODITY
NO MAN WITHOUT A HOME, NO HOME WITHOUT A MAN
TO ORGANIZE CLASS SOLIDARITY AND SELF-DEFENSE AGAINST STATE REPRESSION
AND THE RUDENESS OF BANKS, FUNDS AND MANAGEMENT COMPANIES
NO TRUST IN COURT PARTIES AND GOVERNMENTS, ONLY THE PEOPLE WILL SAVE THE
PEOPLE
MICROPHONE GATHERING ON THE ISSUE OF HOUSING:
FRIDAY 31/5, 19:00, 12 APOSTOLON SQUARE
Freedom Initiative of Thessaloniki
blog: libertasalonica.wordpress.com
contact e-mail: lib_thess@hotmail.com
https://libertasalonica.wordpress.com/2024/05/29
_________________________________________
A - I N F O S N E W S S E R V I C E
By, For, and About Anarchists
Send news reports to A-infos-en mailing list
A-infos-en@ainfos.ca
state and capital aims to crush the social base as a whole, to devalue
its working and living conditions, to deprive it of acquired rights, in
order for the bosses to increase their profits even more. more through
the toil and sweat of the workers. Those who are at the base of the
social and economic pyramid are also the ones who have been paying for
this structural crisis of capital for so many years.
With the decision of the domestic custodian of civil justice, the
Supreme Court, the possibility has been given to the servicers, i.e. the
Companies for the Management of Claims from Loans and Credits (EDADP),
to speed up the auctions. The management companies, which are based in
Greece, are subject to checks by the Bank of Greece and operate on
behalf of the funds, which since 2016 have been checking thousands of
loans in accordance with the relevant law of the then government of
SY.RIZ.A.. The funds they buy the private debt at a bargain price and
then cooperate with the servicers, the so-called collection companies,
which extort the borrowers over the phone. With the said regulation of
the Supreme Court, the funds and collection companies will have no
reason to proceed with debt settlements, which they are already starting
to withdraw. Instead, they will proceed directly to auctions. It is
worth noting that based on a relevant law of 2003, funds and servicers
will be exempt from all taxes (14 tax exemptions in total), thus
damaging the public coffers by 58 billion euros!
"Red" (non-performing/non-repaid) mortgages jumped from 5.4% in December
2008 to 44.5% in December 2018, while all those anti-people policies
that crushed wages and pensions, which freed up layoffs and inflated
unemployment. And then the politicians, who, in addition to the salaries
of thousands of euros they receive, "eat" whatever and wherever they
can, their parrots and their businessmen/capitalist agents have the
audacity to speak publicly about strategic defaulters and fraudsters,
trying to spread social cannibalism in the ranks of the oppressed. They
also claim that the country will lose its investment grade, that we will
go into surveillance and the debt will increase... In short, they
blackmail us and "work" us outright, without any care, because they
obviously look at the interests of their class, while we know that those
who paid and continue to pay their judgment are us, the social base.
Because, therefore, they are organic members of the same power
mechanism, they are the ones who shape or violate, depending on the
occasion, the current legal framework. In this context, they evade
taxes, owe exorbitant amounts without penalty (such as New Democracy's
480 million euro debt to the banks), are given debts and enjoy all sorts
of privileges. They throw their mud at the poor, having a position of
power, trying to make us "eat each other", instead of turning our fire
towards them. And if anyone thinks that the issue of housing and
auctions does not directly concern them, think again... The increase in
interest rates and inflation, that is, the indirect reduction of our
income and purchasing power, creates a visible risk of the increase of
"red of loans. So, the residences of the debtors who are aware today,
who are able to service their debt for the time being, are also going to
be at risk, but also new armies of debtors will be created.
Advertisement
The issue of housing is central to the survival of the working class. At
the same time that thousands of properties are being auctioned,
including public housing, rent prices and euro interest rates are
constantly rising (the ECB proceeded with its third consecutive increase
of 0.5%, with a total increase of 1, 75% and their estimated final jump
to 2.75% in the eurozone countries), as well as the prices of basic
consumption items. In fact, from the interest rate increases the annual
interest income of the banks, which were recapitalized three times with
public money during the memorandum period, will amount to 100-150
million euros per bank, i.e. approximately 450-600 million euros for the
domestic banking system. In addition, based on the bankruptcy code
passed during the New Republic government, the old owners are
essentially turning into tenants in their own homes. Thousands of empty
or closed houses and apartments remain throughout the territory (about
750,000 based on AADE data), while at the same time many people are at
risk of losing their homes or do not even have a residence. It is
characteristic that in 2011 in the Municipality of Thessaloniki the
percentage of vacant houses reached 28.2%. In the last year, rent prices
in Thessaloniki have risen by 15.1%.
It is, therefore, noticeable that housing, instead of an inalienable
social good, is considered as another commodity in the context of
capitalism. The strategic goal of housing, brokerage and banking capital
is the annihilation of home ownership, the removal of the labors of a
lifetime of toil and work. In this way, big capital seeks the
concentration of real estate and the consequent regulation of the
increase in rents. The future that capital and its political personnel
have in store for us is a nightmarish life where we will work only to
pay and again the money will not be enough...
The struggle to defend the first home is a struggle that must be waged
in collective and militant terms by the working class. Far from the
pre-election promises of bourgeois parties that are responsible for the
sale of public housing to investment and banking crows, we must organize
the solidarity and self-defense of our class. The idiom of prosecutions
of those who obstructed auctions in the justices of the peace and
subsequently the electronic auctions were the blows orchestrated by the
SY.RIZ.A. government, in order to serve the interests of capital and
attempt to suppress the solidarity movement that blocked the auctions.
With these regulations as its starting point, the current New Democracy
government is attempting to increase the number of evictions. We should
have no trust in any government, because they only serve the interests
of capital. It is, therefore, the duty of all those who "boil in the
same cauldron", to erect a wall of resistance against state repression
and the gluttony of funds, banks and management companies, to form
networks of solidarity guarding the people's roof, the first residence,
in order to let no man be found without a house.
We will not drown in debt, we will not sink into anxiety and despair,
nor will we work for crumbs like slaves... We must fight collectively,
self-organized and militantly for the defense of our class interests and
the satisfaction of our social needs, setting from now on the
foundations for the revolutionary overthrow of this barbaric system of
oppression and exploitation, to build together and from below a society
of generalized self-direction based on freedom, equality, solidarity and
common ownership.
HANDS DOWN FROM THE SHELTER
AGAINST THE SALE OF PRIMARY HOMES
HOUSING IS A SOCIAL GOOD, NOT A COMMODITY
NO MAN WITHOUT A HOME, NO HOME WITHOUT A MAN
TO ORGANIZE CLASS SOLIDARITY AND SELF-DEFENSE AGAINST STATE REPRESSION
AND THE RUDENESS OF BANKS, FUNDS AND MANAGEMENT COMPANIES
NO TRUST IN COURT PARTIES AND GOVERNMENTS, ONLY THE PEOPLE WILL SAVE THE
PEOPLE
MICROPHONE GATHERING ON THE ISSUE OF HOUSING:
FRIDAY 31/5, 19:00, 12 APOSTOLON SQUARE
Freedom Initiative of Thessaloniki
blog: libertasalonica.wordpress.com
contact e-mail: lib_thess@hotmail.com
https://libertasalonica.wordpress.com/2024/05/29
_________________________________________
A - I N F O S N E W S S E R V I C E
By, For, and About Anarchists
Send news reports to A-infos-en mailing list
A-infos-en@ainfos.ca
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