Greece Elections

glenimp617 · 14 Jul 2015 at 08:15

[TW]Fox;28309027 said:
Is there really an alternative? They voted no to saving money when they don't have any money to spend!

No, there really isn't. Everyone is blaming them for not working hard enough, taking big pensions at 50 etc etc, but it's past governments to blame not them. They take advice from their elected leaders, who were idiots.

It's a complete mess, but totally expected.

scorza · 14 Jul 2015 at 08:25

http://www.bbc.co.uk/news/uk-33517457

LOL the French trying to get us to cough up to bail out Greece - cheeky beggars.

dowie · 14 Jul 2015 at 08:27

glen8 said:
The Greek people haven't got a say, they will be told what to do. If they don't like it, tough.

They don't like it and they might elect another set of politicians on an anti austerity pledge... Then again they can't have it both ways - most of them also want to stay in the euro too.

We could quite easily have this same farce played out all over again with the next Greek government.

It isn't like austerity will be a short term thing for them.

glenimp617 · 14 Jul 2015 at 08:29

This may be in bad taste, but would this year be a good time to buy a holiday home in Greece?

I was looking at static caravans in Marbella, but may stretch to a villa in Greece for the right price

School holiday prices are killing us

dowie · 14 Jul 2015 at 08:32

scorza said:
http://www.bbc.co.uk/news/uk-33517457

LOL the French trying to get us to cough up to bail out Greece - cheeky beggars.

Good job Cameron got an agreement on that in 2010

dowie · 14 Jul 2015 at 08:35

double post

dowie · 14 Jul 2015 at 08:36

glen8 said:
This may be in bad taste, but would this year be a good time to buy a holiday home in Greece?

I was looking at static caravans in Marbella, but may stretch to a villa in Greece for the right price

School holiday prices are killing us

Possibly... wait and see what happens. I'm sure they're not too expensive now but might well get cheaper...

scorza · 14 Jul 2015 at 08:53

dowie said:
Good job Cameron got an agreement on that in 2010

Aye well, let's hope he's got the agreement he thinks he has. It wouldn't surprise me at all if a French/Brussels plot to void the agreement succeeded.

ci_newman · 14 Jul 2015 at 09:06

scorza said:
Aye well, let's hope he's got the agreement he thinks he has. It wouldn't surprise me at all if a French/Brussels plot to void the agreement succeeded.

If that were to happen, you could almost guarantee a UK exit from the EU during the referendum..

Danthus · 14 Jul 2015 at 09:13

[TW]Fox;28309027 said:
Is there really an alternative? They voted no to saving money when they don't have any money to spend!

Well when you are elected on an anti austerity ticket and then a further referendum says no to austerity some people obviously thought there was a choice.

thenewoc · 14 Jul 2015 at 09:31

dowie said:
Good job Cameron got an agreement on that in 2010

Good job labour aren't in here otherwise they'd be throwing our taxes down their drains as well as our own.

McBain · 14 Jul 2015 at 09:34

dowie said:
Good job Cameron got an agreement on that in 2010

Another +1 for Dave.

thenewoc · 14 Jul 2015 at 09:35

Ideology of democracy has become detached from reality hence not facing up to reality has got them to where they are now. Hope other lefty parties are paying close attention to the Greek balls up.

B1aderunner · 14 Jul 2015 at 16:19

dowie said:
Good job Cameron got an agreement on that in 2010

Hmmm, maybe not...

EU officials have said they will recommend giving Greece "bridge financing" - the temporary funding it needs to keep going ahead of an expected third bailout deal - through the European Financial Stability Mechanism (EFSM) - a €13bn fund backed by the EU budget. Both the UK and the Czech Republic are opposed to this, but the decision to provide the money this way will be based on a majority vote. Providing 15 EU countries agree - equal to 65% - then the fund will be used.

Greebo · 14 Jul 2015 at 17:11

glen8 said:
This may be in bad taste, but would this year be a good time to buy a holiday home in Greece?

I was looking at static caravans in Marbella, but may stretch to a villa in Greece for the right price

School holiday prices are killing us

Tip for you. Get to know a Greek local really well. Certainly in Crete there are two prices for property.

One for foreigners and another for locals at a third of the price.

Freakbro · 15 Jul 2015 at 05:59

IMF attacks EU over bailout

So the IMF have been savagely critical of the EU deal saying it is unsustainable for Greece and they need far more drastic structural debt reform including big write offs

Well, the IMF vindicating the way a lot of Greeks are feeling about this deal is going to make it much harder for their parliament to pass it.

Jokester · 15 Jul 2015 at 07:16

Got the suspicion that the rest of the EU want Greece to leave the Euro, but don't want to be seen giving them option, that Greece themselves need to make that decision. It was doubtful they were going to go through anyway, but I think this'll just kill any chance of a deal.

The_Abyss · 15 Jul 2015 at 07:51

IF you missed coverage of the current Greece crisis, don't worry. There'll be a repeat on very soon.

Cosimo · 15 Jul 2015 at 07:54

All EU leaders including the Greeks have known about that report since Saturday but have ignored it in the last 'negotiation' so one has to question why. There are suggests that the new IMF stance is politically motivated as there has been a push for debt relief by the US Treasury which is the dominant voice on the IMG board. The waters get even more muddied as we approach act 66 of this Greek tragedy.

wildman · 15 Jul 2015 at 09:58

Freakbro said:
IMF attacks EU over bailout

So the IMF have been savagely critical of the EU deal saying it is unsustainable for Greece and they need far more drastic structural debt reform including big write offs

Well, the IMF vindicating the way a lot of Greeks are feeling about this deal is going to make it much harder for their parliament to pass it.

Will also make it much harder for German parliament to pass. Sounds like the long game here by the Eurozone was to table such a ridiculous deal that the interested parties would have to say no thus paving the way for a Grexit, but in such a way that it looked like Greece walked rather than was pushed.

Greece should never have been in the Euro in the first place and the Eurozone giants know this, so now is the one and only chance they have of getting rid of them without looking like they have gone soft on them which would lead to Spain et al wanting similar leniency.

Merkel played a good game here.............