Author Topic: Guerrilla gardeners  (Read 2623 times)

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Online Maik

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Guerrilla gardeners
« on: Wednesday, 12 July, 2017 @ 17:06:22 »
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Germany made more than €1 billion from helping out Greece: report

Credit and bond purchases that benefited Greece also brought in revenues to Germany, to the tune of €1.34 billion, according to a media report on Tuesday.

The Süddeutsche Zeitung (SZ) reported on Tuesday that according to Finance Ministry reports shared with the Green Party, Germany made €1.34 billion from various financial schemes meant to aid Greece.

One loan by the German government-owned development bank KfW in 2010 to Greece yielded net gains of €393 million through interest.

Frankfurt’s European Central Bank (ECB) also launched its now-defunct Securities Markets Programme (SMP) to purchase government bonds to help financial crisis-hit countries like Greece. Each year, these bonds earn profits, which then the ECB distributes to central banks of eurozone states. Since 2015, according to the SZ, the German SMP profit share totalled €952 million.
https://www.thelocal.de/20170712/germany-made-more-than-1-billion-from-helping-out-greece-report


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Guerrilla gardeners fight hopelessness in Greece

As Greece flounders under debt and austerity, green-fingered activists are overtaking unused spaces to feed those in need - and build a more sustainable future.

Elliniko community garden on the outskirts of Athens is an oasis of calm just a stone's throw from the noisy urban sprawl.

Neat lines of rutted earth have been prepared to grow potatoes and tomatoes. Pots of tender seedlings wait to be planted out. And there is already a luxuriant tangle of runner beans.

This is just one of the "guerrilla gardens" that have been popping up all over Greece, as people struggle to feed themselves under difficult economic conditions.

Since the Greek debt crisis, and harsh austerity measures imposed on the country in response, youth unemployment has risen to around 50 percent, and homelessness is a major problem.

Hunger and desperation have driven some Greeks to come up with creative ways to feed themselves and their communities.

This is one urban agriculture project that has sprung up in response.
http://www.dw.com/en/environment-urban-agriculture-community-gardens-greece-urban-heat-island-effect-sustainability/a-39277047