Greece Elections

it is not a bogus MBA... it's an MBA from a non accredited university..

I can understand why if he wanted to expand his knowledge and it was cheap...
 
M1k3H said:
it is not a bogus MBA... it's an MBA from a non accredited university..

I can understand why if he wanted to expand his knowledge and it was cheap...
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LOL right... like he's going to gain any knowledge from a diploma mill... he just wanted another qualification to show off and so paid some money to a fake university
 
The Greek parliament will start debating the Bailout proposal at 1 min past midnight... :O


It may be the most important vote in recent modern Greek history but the president of the parliament, Zoe Konstantopoulou, has decided its 300 members will have to wait.

A stickler for following the rules, the young Konstantopoulou is insisting that as the bill is being fast-tracked parliament will have to convene on two consecutive days. As lawmakers were waiting for the session to begin, the fiery leftist called a meeting of parliamentary vice presidents to explain the situation. The meeting is still ongoing.

Sources are saying that as a result the chamber will not start debating until one minute past midnight. The vote is expected to take place around 4 AM (2am BST) although if MPs are feeling loquacious, ballots may not be cast until around 6am (4am BST)

Konstantopoulou formalism is causing waves with several MPs criticising the move on television tonight. With the eyes of the world now focused on Athens, they want to endorse the proposed reforms ASAP.
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In total, 251 MPs voted "Yes", 32 voted "No" with eight abstaining. Nine deputies were absent.

Tail between your legs perhaps?
It very much does seem they called Europe's bluff, and Europe simply wasn't bluffing. Greece was/is going to be dumped. Now they are doing all they can to backtrack and indeed more. It'll be interesting to see if they have done enough for Europe. I would assume they have, but does it depend on a Europe council vote? Or just what the creditors want?
 
Did you see the businesses? and some of the women business owners explaining how bad it is. One was down to 7 employees and the husband now delivering the goods on a scooter to save fuel. Most of them nearly bust. Let alone what's coming down the line.

All these so called cuts from this so called new deal will finish off what is left.

At what point is cutting and cutting that it's so costly you can't even run a business to make money?
 
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Hikari Kisugi said:
In total, 251 MPs voted "Yes", 32 voted "No" with eight abstaining. Nine deputies were absent.

Tail between your legs perhaps?
It very much does seem they called Europe's bluff, and Europe simply wasn't bluffing. Greece was/is going to be dumped. Now they are doing all they can to backtrack and indeed more. It'll be interesting to see if they have done enough for Europe. I would assume they have, but does it depend on a Europe council vote? Or just what the creditors want?
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The question now will be whether the Greeks have enough trust left with every other eurozone government to allow an agreement under the esm to proceed. I'm not convinced they do after 6 months of messing about.
 
V F said:
Did you see the businesses? and some of the women business owners explaining how bad it is. One was down to 7 employees and the husband now delivering the goods on a scooter to save fuel. Most of them nearly bust. Let alone what's coming down the line.

All these so called cuts from this so called new deal will finish off what is left.

At what point is cutting and cutting that it's so costly you can't even run a business to make money?
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How does a business have problems from pension reform, cutting governmental jobs, increasing retirement age?

**** poor management of a country for thirty years and vast overspends have been Greece's downfall. The Greek's need to remember this, and when they restructure their country, actually try to make it grow within the confines of law, taxes and limited borrowing.
 
The capitol control for the past two weeks? A lot of businesses are nearly finished because of it. You haven't seen the news this morning listening to the business owners?
 
Hikari Kisugi said:
How does a business have problems from pension reform, cutting governmental jobs, increasing retirement age?

**** poor management of a country for thirty years and vast overspends have been Greece's downfall. The Greek's need to remember this, and when they restructure their country, actually try to make it grow within the confines of law, taxes and limited borrowing.
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Have you also seen their docks? Stacked high with containers, thousands and thousands because nobody has the money to pay import tax.
 
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No agreement yet. It looks like there's a number of ministers who don't trust Greece anymore and I can't blame them, vote in a ultra left anti austerity, another vote that rejected an Eu rescue package and then all of the sudden the government is willing to sign up to what ever the EU comes up with? There's talk now of Greece exiting the Euro for 5 year's.
 
No chance of that happening. Two reasons:

1) If they exit with promises of re-entry then the eurozone is simply a currency peg not a union.

2) They exit. Devalue. Economy improves. Why would they go back?
 
you can't say there is 'no chance' it is something that has been mentioned by the Germans, it is unlikely but it isn't outside the realms of possibility

some mechanism to ring fence certain assets to be sold or some other guarantees will likely be needed - no doubt the silly games of the past few weeks have raised a trust issue and frankly there is a big difference between agreeing to the proposals and actually going through with it... could easily see delays and lame excuses coming from the Greeks - they certainly need a strict time table and various guarantees in place too
 
I can never see Greece accepting to sell off assets...

Those assets couldn't possibly be the oil/gas in the Aegean Sea now could it?
 
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