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White smoke in Greece. A Greek deal imminent.

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    mRebelmRebel Posts: 24,882
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    Only a few days ago Tsipras called the IMF criminals. They're currently part bankrolling Greece. Yesterday in a meeting with Christine Lagarde, the Greek finance minister apologised for his PM's remarks. I had alot of sympathy for the Greeks, it's waning now, at times they're coming across as amateurs. I certainly would not want to live under a Syriza government on a transition over to the Drachma.

    Their fighting for their people a lot harder than your government did.
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    allaortaallaorta Posts: 19,050
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    mRebel wrote: »
    Their fighting for their people a lot harder than your government did.

    This article and its links show just how bad the situation is and has been. It also shows the nonsense that is the EU:


    http://derekbateman.co.uk/2015/06/18/ode-to-joy/
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    mRebelmRebel Posts: 24,882
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    Here's an interesting twist to the tale of Greek debt, Is it legal?

    http://www.bbc.co.uk/news/world-europe-33179593
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    zedzzedz Posts: 228
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    Nick1966 wrote: »
    I do not think either of these scenarios are likely to happen.

    The gas deal is done but won't benefit greece until it's finished.

    Why is it so important for Tsipras to do this deal now?

    To show Europe he will be Putin's bitch and to show the greek people that he can actually do something, because when Greece default on the euro his job is on the line.

    Edit: This. http://carnegieeurope.eu/strategiceurope/?fa=60420
    There is no serious risk of a Greek tilt to Russia, let alone to China. But Greece might come to resemble Kosovo or Macedonia in its disorderly politics, rotten institutions, and reliance on foreign economic help. Under what I would call a contained disaster, a long-term Western presence would prevent total state failure but would deepen native resentment of Greece’s de facto protectorate status.
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    allaortaallaorta Posts: 19,050
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    mRebel wrote: »
    Here's an interesting twist to the tale of Greek debt, Is it legal?

    http://www.bbc.co.uk/news/world-europe-33179593

    It would be interesting to test the legality of the money poured into Greece, not to save the country but to save the euro and, thereby, the EU and the face and fortunes of the likes of Germany and France.
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    MARTYM8MARTYM8 Posts: 44,710
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    allaorta wrote: »
    It would be interesting to test the legality of the money poured into Greece, not to save the country but to save the euro and, thereby, the EU and the face and fortunes of the likes of Germany and France.

    All these banking bailouts are seriously lacking in democratic legitimacy - and the European and British taxpayer are on the hook for it if it all goes wrong.

    An interesting article here in the Irish Times by the Greek finance minister - apparently his EU finance ministers colleagues aren't even allowed to see the details of what the ECB/IMF are proposing or the Greeks offer before they ratify it. Apparently only the Irish Finance minister sermed to have an issue with this. Apparently the bureaucrats think the democratically elected Finance ministers and their advisors are too stupid to understand it all.

    http://www.irishtimes.com/opinion/yanis-varoufakis-a-pressing-question-for-ireland-before-monday-s-meeting-on-greece-1.2256339
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    KiteviewKiteview Posts: 9,246
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    MARTYM8 wrote: »
    All these banking bailouts are seriously lacking in democratic legitimacy - and the European and British taxpayer are on the hook for it if it all goes wrong.

    An interesting article here in the Irish Times by the Greek finance minister - apparently his EU finance ministers colleagues aren't even allowed to see the details of what the ECB/IMF are proposing or the Greeks offer before they ratify it. Apparently only the Irish Finance minister sermed to have an issue with this. Apparently the bureaucrats think the democratically elected Finance ministers and their advisors are too stupid to understand it all.

    http://www.irishtimes.com/opinion/yanis-varoufakis-a-pressing-question-for-ireland-before-monday-s-meeting-on-greece-1.2256339


    If you believe that, he has a truck load of Greek €13 bank notes to exchange for your money anytime you want.
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    allaortaallaorta Posts: 19,050
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    MARTYM8 wrote: »
    All these banking bailouts are seriously lacking in democratic legitimacy - and the European and British taxpayer are on the hook for it if it all goes wrong.

    An interesting article here in the Irish Times by the Greek finance minister - apparently his EU finance ministers colleagues aren't even allowed to see the details of what the ECB/IMF are proposing or the Greeks offer before they ratify it. Apparently only the Irish Finance minister sermed to have an issue with this. Apparently the bureaucrats think the democratically elected Finance ministers and their advisors are too stupid to understand it all.

    http://www.irishtimes.com/opinion/yanis-varoufakis-a-pressing-question-for-ireland-before-monday-s-meeting-on-greece-1.2256339

    Yes it's like beating a dog to make it do tricks without recognisng th the dog is ever happy to learn new tricks with just patience and undstanding. And it shows the eurozone and the EU fror what they are.
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    Pat_SmithPat_Smith Posts: 2,104
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    Apparently the ECB is currently chucking more billions at Greece just to try to keep the banks open. It's farcical. There'll come a point where Greek banks will contain only ECB bailout cash, Greek citizens having pulled out their money. How's that going to work :D? Do Greeks move out of their country and the ECB moves in?

    I'm lovin' love this s**t.
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    allaortaallaorta Posts: 19,050
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    Pat_Smith wrote: »
    Apparently the ECB is currently chucking more billions at Greece just to try to keep the banks open. It's farcical. There'll come a point where Greek banks will contain only ECB bailout cash, Greek citizens having pulled out their money. How's that going to work :D? Do Greeks move out of their country and the ECB moves in?

    I'm lovin' love this s**t.

    If it wasn't so bad for the plight of honest Greeks it would be hilarious and nearing the same farcical proportions of the first bail-out negotiations. No doubt someone will one day make a soap that won't be anywhere near as good as the current reality show.
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    MARTYM8MARTYM8 Posts: 44,710
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    Pat_Smith wrote: »
    Apparently the ECB is currently chucking more billions at Greece just to try to keep the banks open. It's farcical. There'll come a point where Greek banks will contain only ECB bailout cash, Greek citizens having pulled out their money. How's that going to work :D? Do Greeks move out of their country and the ECB moves in?

    I'm lovin' love this s**t.

    Maybe we should all head over to Greece and clean out the ECB entirely.:D
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    [Deleted User][Deleted User] Posts: 872
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    Telegraph: UK would be unable to veto any EU financial support to Greece following Grexit

    Above a tweet from a journalist.

    I have to say unbelievable from the Telegraph. The paper that has used Greece as a weapon to attack the EU over the years. The paper that has used Greece as a weapon to attack the eurozone over the years. The same paper that had John Redwood only this week rooting for the far left Syriza to get out. Yet if Greece do, the Telegraph will be on a witch hunt that Greece will need EU funding after a very catastrophic tsunami that will hit in the very short term in the event of a euro exit. Well done the Telegraph, you've been cheerleading a break up of the eurozone, and if Greece were to leave, you're next port of call is, why does Britain have to help.
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    allaortaallaorta Posts: 19,050
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    Telegraph: UK would be unable to veto any EU financial support to Greece following Grexit

    Above a tweet from a journalist.

    I have to say unbelievable from the Telegraph. The paper that has used Greece as a weapon to attack the EU over the years. The paper that has used Greece as a weapon to attack the eurozone over the years. The same paper that had John Redwood only this week rooting for the far left Syriza to get out. Yet if Greece do, the Telegraph will be on a witch hunt that Greece will need EU funding after a very catastrophic tsunami that will hit in the very short term in the event of a euro exit. Well done the Telegraph, you've been cheerleading a break up of the eurozone, and if Greece were to leave, you're next port of call is, why does Britain have to help.

    Surely that would depend on whether Greece remained in the EU. I've read somewhere this morning that the Greeks are bringing more to the table.....a Russian submarine maybe.:)
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    Pat_SmithPat_Smith Posts: 2,104
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    Apparently the Yanks are worried about potential security undermining with Greece leaving the EU (as opposed to just the Euro, obviously), so they'll likely be on the blower over the weekend. Which increases the possibility of the impossibility of Greece staying in (yes, I typed that as intended).

    I suppose repeating how farcical it is doesn't add much to the discussion at this point.
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    allaortaallaorta Posts: 19,050
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    Pat_Smith wrote: »
    Apparently the Yanks are worried about potential security undermining with Greece leaving the EU (as opposed to just the Euro, obviously), so they'll likely be on the blower over the weekend. Which increases the possibility of the impossibility of Greece staying in (yes, I typed that as intended).

    I suppose repeating how farcical it is doesn't add much to the discussion at this point.

    Maybe the Yanquis will come to the rescue.
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    Fappy_McFapperFappy_McFapper Posts: 1,302
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    mRebel wrote: »
    No it isn't. Where on earth did you get this from?

    SULLA is a joke/troll account.
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    [Deleted User][Deleted User] Posts: 872
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    In a poll out this evening in Greece, Syriza is enjoying SNP-esque like support.
    SYRIZA 47.5%
    New Democracy 19.5
    G Dawn 6.5
    Potami 6.5
    KKE 5.5
    PASOK 4.5
    Ind Greeks 4
    Others 6

    In a euro referendum poll tonight, 2-1 are in favour of remaining in the eurozone.

    Tomorrow is being billed as 'another' possible deal breaker day with less than ten days to the four IMF repayment installments. A eurogroup meeting tomorrow, ECB meeting also and Tsipras to meet Merkel and Draghi.
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    gulliverfoylegulliverfoyle Posts: 6,318
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    In a poll out this evening in Greece, Syriza is enjoying SNP-esque like support.
    SYRIZA 47.5%
    New Democracy 19.5
    G Dawn 6.5
    Potami 6.5
    KKE 5.5
    PASOK 4.5
    Ind Greeks 4
    Others 6

    In a euro referendum poll tonight, 2-1 are in favour of remaining in the eurozone.

    Tomorrow is being billed as 'another' possible deal breaker day with less than ten days to the four IMF repayment installments. A eurogroup meeting tomorrow, ECB meeting also and Tsipras to meet Merkel and Draghi.


    so a bunch of freeloaders vote for more of other peoples money

    in other shock news : ursine creatures found to defecate in arboreal areas
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    MARTYM8MARTYM8 Posts: 44,710
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    so a bunch of freeloaders vote for more of other peoples money

    in other shock news : ursine creatures found to defecate in arboreal areas

    Are the bankers voting Syriza too then?

    I do get rather sick of this constant sneering at the Greek people - many of whom are suffering great hardship while the elite and banking community escape unscathed.
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    gulliverfoylegulliverfoyle Posts: 6,318
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    MARTYM8 wrote: »
    Are the bankers voting Syriza too then?

    I do get rather sick of this constant sneering at the Greek people - many of whom are suffering great hardship while the elite and banking community escape unscathed.

    maybe if the greek people had paid there taxes they wouldnt be in the $hit they are

    https://fbkfinanzwirtschaft.files.wordpress.com/2012/11/ez-shadow-economy.jpg
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    Pat_SmithPat_Smith Posts: 2,104
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    MARTYM8 wrote: »
    Are the bankers voting Syriza too then?

    I do get rather sick of this constant sneering at the Greek people - many of whom are suffering great hardship while the elite and banking community escape unscathed.


    The Greeks do rather appear wedded to the idea of a future of EU bailout cash. Irrespective of their hardship (if that isn't an unreasonable statement), you can't blame people for interpreting it as a form of freeloading.
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    Nick1966Nick1966 Posts: 15,742
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    Pat_Smith wrote: »
    The Greeks do rather appear wedded to the idea of a future of EU bailout cash..

    Would you recommend no further financial assistance to the Greek government ? Or their banks ?
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    [Deleted User][Deleted User] Posts: 872
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    Greek stock exchange up 8%.
    French President Hollande has told reporters we might see a deal agreed tonight.
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    clinchclinch Posts: 11,574
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    Greek stock exchange up 8%.
    French President Hollande has told reporters we might see a deal agreed tonight.
    The Germans don't sound too optimistic.


    Famke Krumbmüller @FKrumbmuller
    Schauble: 'we dont have anything new, we have not moved since last Thursday' #Greece #eurogroup
    11:53 AM - 22 Jun 2015
    15 15 Retweets 5 5 favorites
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    MeepersMeepers Posts: 5,502
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    MARTYM8 wrote: »
    Are the bankers voting Syriza too then?

    I do get rather sick of this constant sneering at the Greek people - many of whom are suffering great hardship while the elite and banking community escape unscathed.
    What about the hardworking German taxpayers paying the bill? Why should they suffer because of poor decisions of the Greek political class?
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