Showing posts with label Shipowners. Show all posts
Showing posts with label Shipowners. Show all posts

Wednesday, June 29, 2016

Capitalist Crisis: Austerity and poverty for the people, profits for Greek shipping giants

This is Capitalism- For the vast majority of the Greek people the capitalist economic crisis of the last 7 years means harsh austerity, cutbacks in wages and pensions, mass lay-offs, destruction of the small businesses and new taxes for the low-income families. But for the Greek shipping companies- a dominant power in international maritime industry- the crisis is an opportunity for more profits.

Greek shipping giants are more powerful than ever and the value of the Greek merchant fleet is approximately $90,000,000,000 (90 billion) says the report of German "Die Welt". The Greek shipping industry is by far the most powerful, taking into account that the respective shipping industry of Germany (the 4th largest merchant fleet globally) has a value of $42 billion- less than half of the Greek one.

Monday, June 13, 2016

PM Tsipras praises Greek Shipowners, SYRIZA's love-affair with the big Capital goes on

In Defense of Communism, with info from 902.gr.

The Greek shipping industry is a global power in the maritime sector. In 2015, the Greek Merchant Navy controlled the world's largest merchant fleet in terms of tonnage. Shipowners from Greece epitomize the power of the Greek bourgeoisie- according to a 1975 law, they have at least 70 tax breaks (!), while their fortunes are estimated in billions of dollars. 

The Greek Prime Minister- and SYRIZA's leader- Alexis Tsipras choosed the Maritime exhibition "Posidonia 2016" in order to express his strong will to serve the interests of the shipping industry. Addressing the event in Athens, Tsipras called the ship-owning billionaires to "trust the government" and praised the Greek shipping capital for it's "plan" and "vision". In his effort to convince the shipping giants that his government is an ally of the bourgeois-class, Alexis Tsipras said: "We feel the need to convince the Greek shipowners to trust us as far as we try to reform the Greek economy".