Greece Elections

[wildman]

well it might

but even if it does it shouldn't be a surprise if have another farce like this in the future...

there is no chance the Greeks are going to want to carry on with this austerity in the long term... someone else will get elected on the promise of ending it and they'll try to pick up where the current bunch of clowns have spectacularly failed

If this gets past the Greek government then they should all resign thereafter and there should be a new election in Greece. The whole vote for Tsipros was on the "No to Austerity" campaign. If he now sells them out he needs to step aside as he clearly has no mandate from the people especially after the referendum results.

 

[Tosno]

It shouldn't come as a surprise that Alexis Tsipras, wanted Greece to burn. He did as much damage as he could.

http://www.economist.com/blogs/erasmus/2015/01/church-and-state-greece

 

[Greebo]

This deal will never get past the Greek parliament so it's a non-starter

This. A better deal was voted out by the Greek people last weekend. No way will the MP's vote this worse deal through or the Greek people will riot!

 

[Harlequin]

It is a slow day in a little Greek village. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit. On this particular day a rich German tourist is driving through the village, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night. The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher. The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer. The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel. The guy at the Farmers' Co-op takes the €100 note and runs to pay his drinks bill at the taverna. The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him "services" on credit. The #$%$ then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note. The hotel proprietor then places the €100 note back on the counter so the rich traveler will not suspect anything. At that moment the traveler comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory, pockets the money, and leaves town.

No one produced anything. No one earned anything. However, the whole village is now out of debt and looking to the future with a lot more optimism. And that, Ladies and Gentlemen, is how the bailout package works

 

[Zethor]

No one produced anything. No one earned anything. However, the whole village is now out of debt and looking to the future with a lot more optimism. And that, Ladies and Gentlemen, is how the bailout package works

No, that is not how the bailout package works, it's how clueless people think it works. If you want to know how it works, how about actually reading what it says?

 

[Harlequin]

No, that is not how the bailout package works, it's how clueless people think it works. If you want to know how it works, how about actually reading what it says?

lol it wa s a satirical copy/paste from another website. I do know how it works , and why the greek government wont accept it. This mess isn't over

 

[Zethor]

lol it wa s a satirical copy/paste from another website. I do know how it works , and why the greek government wont accept it. This mess isn't over

The Greek govt. has already accepted it, what do you think this morning's announcement was about? Were you referring to the Parliament? It will pass easily even if some elements of the governing coalition vote against it, because the opposition will vote for it.

 

[Naff8000]

This. A better deal was voted out by the Greek people last weekend. No way will the MP's vote this worse deal through or the Greek people will riot!

It might be different now. In their eyes they had 3 options before: pay, leave or oxi. Now it's just pay or leave.

 

[leaskovski]

It's a mute point now, the UK's EU referendum is basically decided, the is no way the yes campaign will be able to convince people to vote to stay in, not when 60+ year old UK workers are paying tax that's being used to pay pensions to retired 40+ Greeks, by bending over for Greece the EU has basically won the UK referendum for the out campaign.

Say what? I thought it was only private investments that have been getting british money in to greek? I didnt think we paid any bailout dosh directly to them?

 

[Greebo]

Say what? I thought it was only private investments that have been getting british money in to greek? I didnt think we paid any bailout dosh directly to them?

It wont matter to the vast majority of "ignorant" voters when the referendum comes though will it? All people will see is that we are part of the EU and EU gave money to Greece to help them keep paying pensions to those who retired at 40.

Truth rarely comes into these matters, its all spin

 

[Harlequin]

The Greek govt. has already accepted it, what do you think this morning's announcement was about? Were you referring to the Parliament? It will pass easily even if some elements of the governing coalition vote against it, because the opposition will vote for it.

the reforms offered by the EU still has to pass the greek parliment. and his own party are showing strains

 

[scorza]

Some (Greek national) clown on the Jeremy Vine show just said that the Greek government have been 'water-boarded' into accepting this proposal. What are the Greek people supposed to think hearing language like that?

 

[do_ron_ron]

The Greek govt. has already accepted it, what do you think this morning's announcement was about? Were you referring to the Parliament? It will pass easily even if some elements of the governing coalition vote against it, because the opposition will vote for it.

According to the Politics Prog all Euro member countries parliaments have to agree to the measure in the next couple of weeks. So not a done deal yet.

 

[Greebo]

According to the Politics Prog all Euro member countries parliaments have to agree to the measure in the next couple of weeks. So not a done deal yet.

Not quite true.

Some countries the parliament dont need to vote, and the Prime Minister has full authority to sign off on a Eurozone deal. There is a list somewhere but cant find it.

 

[Harlequin]

read last night then only need 85% to get it passed - so finland for example hasn't got the `clout` to veto it. - france and Germany combined have just under 50% of the vote

 

[Cosimo]

I wonder what this is going to cost you and I in the long run.

More time wasted reading the news, wishing the Greeks would just go away and start again.

 

[dowie]

It is a slow day in a little Greek village. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit. On this particular day a rich German tourist is driving through the village, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night. The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher. The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer. The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel. The guy at the Farmers' Co-op takes the €100 note and runs to pay his drinks bill at the taverna. The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him "services" on credit. The #$%$ then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note. The hotel proprietor then places the €100 note back on the counter so the rich traveler will not suspect anything. At that moment the traveler comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory, pockets the money, and leaves town.

No one produced anything. No one earned anything. However, the whole village is now out of debt and looking to the future with a lot more optimism. And that, Ladies and Gentlemen, is how the bailout package works

but that just solved a liquidity issue... everything netted to zero

Greece has more than just a liquidity problem to solve

 

[thenewoc]

It is a slow day in a little Greek village. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit. On this particular day a rich German tourist is driving through the village, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night. The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher. The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer. The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel. The guy at the Farmers' Co-op takes the €100 note and runs to pay his drinks bill at the taverna. The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him "services" on credit. The #$%$ then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note. The hotel proprietor then places the €100 note back on the counter so the rich traveler will not suspect anything. At that moment the traveler comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory, pockets the money, and leaves town.

No one produced anything. No one earned anything. However, the whole village is now out of debt and looking to the future with a lot more optimism. And that, Ladies and Gentlemen, is how the bailout package works

Not quite as each entity that accepted payment instead likely now incurred a tax obligation to the government. Whilst they're better off to a degree the original sale cost money to achieve so they could still be going backwards if it didn't consist of much if any profit.

 

[Cosimo]

Stunning to see farage is right about Germany and the EU after all - all Merkal wants to do is humiliate Greece. Lebensraum is alive and well after all.

Nobody has humiliated the Greeks, they've done that all by themselves.

 

[thenewoc]

It's a mute point now, the UK's EU referendum is basically decided, the is no way the yes campaign will be able to convince people to vote to stay in, not when 60+ year old UK workers are paying tax that's being used to pay pensions to retired 40+ Greeks, by bending over for Greece the EU has basically won the UK referendum for the out campaign.

Wouldn't be so sure, perhaps if we had been in the Euro and were contributing to the Greek bailout. People are rather apathetic when it comes to change so I can see us ending up remaining in the EU unless a Grexit pulls a few more down the same path but then I think the Euro could come to an end.