Athens Greece. Ruins of Parthenon temple on the Acropolis heritage of Athens

Athens Greece. Ruins of Parthenon temple on the Acropolis.

You might expect some pity by European business interests on Greece. But exactly the opposite is taking place—special interests are pushing to stomp further on Greece while it is down, including European Dairy Oligarchs.

Now, I don’t pretend to be an expert on the complex Greek tragedy that has unfolded  over the last several years. My sense is that there is blame enough to hand around. But at this stage, with Greece facing nearly endless economic depression, it would seem that the right thing to do would be to try to find constructive ways out of the morass. Instead, Germany and other northern European countries seem intent on continuing to kick Greece when it is down.

Why am I writing about Greece? I have enough difficulty making sense out of what is happening in the food arena in the U.S. But it seems as if one key area where the European vultures are circling is over Greece’s tiny dairy industry.

Here is what a prominent economist had to say yesterday in a New York Times assessment projecting a grim long-term future for Greece, despite supposedly coming to terms with European bankers:

“There is a widespread belief here in Greece that special interests, in and out of the country, are using the troika (the international and European lenders) to get what they could not have obtained by more democratic processes.

“Consider the case of milk. Greeks enjoy their fresh milk, produced locally and delivered quickly. But Dutch and other European milk producers would like to increase sales by having their milk, transported over long distances and far less fresh, appear to be just as fresh as the local product. In 2014 the troika forced Greece to drop the label ‘fresh’ on its truly fresh milk and extend allowable shelf life. Now it is demanding the removal of the five-day shelf-life rule for pasteurized milk altogether. Under these conditions, large-scale producers believe they can trounce Greece’s small-scale producers.

“In theory, Greek consumers would benefit from the lower prices, even if they suffered from lower quality. In practice, the new retail market is far from competitive, and early indications are that the lower prices were largely not passed on to consumers….One underlying problem in Greece, in both its economy and its politics, is the role of a group of wealthy people who control key sectors, including banks and the media, collectively referred to as the Greek oligarchs.”

Yes, every country has its oligarchs. No matter where they are, or how bad domestic conditions become, oligarchs care little about patriotism or national interests or the suffering of the poor. They care about one thing, and one thing only: increasing their profits.

Between trying to deal with arrogant German bankers and heartless Greek oligarchs, I’d say Greece truly is stuck between a rock and a hard place. Greece should probably have left the European Union a good while ago, and gone off on its own, instead of leaving its fate in the hands of distant politicians, bureaucrats, and bankers. The Greek people have long been terrific farmers and entrepreneurs, and could probably have pulled off a re-make as well as any people. At least there would have been some reason for hope, instead of endless insurmountable debt.

On the dairy front, Greeks could have just looked to the U.S., which has lost just about 90% of its dairies since 1970 to the relentless pressures of America’s dairy oligarchs, in concert with distant Washington politicians. Unfortunately, it seems as if Greeks are going to have to endure the ultimate humiliation: paying high prices for ultra-high-pasteurized European milk, and watching more of its own farmers bite the dust in the process.