Greece Elections

If the UK government pursued the tax avoided by corporations and rich individuals who know every tax dodge alive, it would pay for our own deficit, but they won't cos they are the largest Tory donors

So why didn't they do it when labour were in power for over a decade?
 
It's pretty disgusting that people here are relishing in the destruction of a whole country's economy and actively hoping that the people there end up in ruins, good old ocuk :rolleyes:

Nobody's revelling in it. We're just fed up with the constant excuses. Greece is blaming everyone but herself. Greeks are playing the victim card after decades of playing the felon.

Now the chickens have come home to eat the baklava, and the cupboard is bare. Well, what did they expect?
 
I can't see them voting No now. The fear has set in with the amount of panic. Especially when you see the pensioners.

They wont vote No.

They just want the debts written off, carry on collecting the subsidies and borrowing more.

Maybe they should start their cut backs on their military.
 
Greece actually ran at a 1.5% surplus last year - before servicing of debts....ofc ,like the rest of the planet , if the richest paid their dues , no one would owe anything....
 
Nobody's revelling in it. We're just fed up with the constant excuses. Greece is blaming everyone but herself. Greeks are playing the victim card after decades of playing the felon.

Now the chickens have come home to eat the baklava, and the cupboard is bare. Well, what did they expect?

Spot on. All the interviews i've seen with Greek people is that they are blaming the EU for everything. Not their own government or themselves.

Seriously when you have surgeons on radio phone ins saying anybody who pays tax in Greece is stupid then you just know they arent going to put any blame on themselves.
 
Greece actually ran at a 1.5% surplus last year - before servicing of debts....ofc ,like the rest of the planet , if the richest paid their dues , no one would owe anything....

I'm not sure how GDP is calculated in a country but since the vast majority of small businesses vastly underdeclares their income and hence sales, isnt it a case that the GDP of Greece is actually hugely more than the figures state?
 
they want pension increases and free everything - , so whats the other side of the ledger = to actually PAY for it? money doesn't magically appear!
 
It's pretty disgusting that people here are relishing in the destruction of a whole country's economy and actively hoping that the people there end up in ruins, good old ocuk :rolleyes:

I don't actually but until the Greek people wake up and realise what the actual problems are in their country then they will end up in ruins.

If eu kept bailing them out and even if we wrote off the entire debt now, I suspect Greece would still go bankrupt and self destruct as nothing would be fixed.
 
the small budget surplus they had last year was wiped out this year - IIRC they went from 1.5 surplus to 3.5% deficit very quickly (likely from what you said , underreporting from business trying to maintain capital , thus to keep trading),

but , I`ve seen the same interviews - 1 in 4 blame everyone but themselves or their own government - and the `why should I pay tax` is endemic in everything.

which beggers the question , is paying their dues actually inbred in Greeks not to? Do they as a peoples know how the economy actually works?
 
I don't actually but until the Greek people wake up and realise what the actual problems are in their country then they will end up in ruins.

If eu kept bailing them out and even if we wrote off the entire debt now, I suspect Greece would still go bankrupt and self destruct as nothing would be fixed.

This is unfortunately completely true... they do not have a working economy and policies. A complete bailout would result in a similar situation unless they allowed the real UK/EU experts/advisers to come in and implement some serious long-term changes.

The Greek government and economy has been in slow decline for a long time, and this is the inevitable result.
 
the small budget surplus they had last year was wiped out this year - IIRC they went from 1.5 surplus to 3.5% deficit very quickly (likely from what you said , underreporting from business trying to maintain capital , thus to keep trading),

but , I`ve seen the same interviews - 1 in 4 blame everyone but themselves or their own government - and the `why should I pay tax` is endemic in everything.

which beggers the question , is paying their dues actually inbred in Greeks not to? Do they as a peoples know how the economy actually works?

I suspect not. The Greek people are pretty militant and dont like doing what authority tells them to do.

Prime example is this.

On Crete almost every household has an unregistered gun despite been against the law.

In one town, not too long ago they tried to open a police station but it was shot up and burnt.

So yes they are laws, but Greek people decide whether to obey them or not.
 
and the germans have reached the point of we wont keep supporting your country any more....

so what will the drachma be on exchange rate ;)
 
If the UK government pursued the tax avoided by corporations and rich individuals who know every tax dodge alive, it would pay for our own deficit, but they won't cos they are the largest Tory donors

So why didn't they do it when labour were in power for over a decade?

Not really related to Greece, but the reason they don't is because it would cost the country more than it would raise. The reason London is one of the big financial capitals of the world and full of rich people is because they can pay little (but still the majority of UK) tax, if their operating/living costs rose then many of them would simply relocate, and not only would we not get the money owing but we wouldn't get the current amount of tax. The net loss to the country would be immense.
 
When is s deadline not a deadline, when the EU is desperate to keep the big EU project up and running.

What nonsense. The financial deadlines did not move, as expected every opportunity has been given to the Greeks to get on the road to some sort of financial recovery. The EU does not need continued Greek membership to function and is prepared to let them go. If we get Grexit there will be some negative impact on the euro economy but it will continue to function and the EU will continue on its way.
 
Fewer excuses would be nice. :)

Iraklis on the blackboard...

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Greece actually ran at a 1.5% surplus last year - before servicing of debts....ofc ,like the rest of the planet , if the richest paid their dues , no one would owe anything....

except in Greece it isn't just 'the richest' it is large portions of the rest of the population too...

so basically if they can get the middle class professionals and small business owners who make up the vast majority of their private sector to simply pay taxes then they'd not be in such a mess

only 5% of the private sector are employed in companies with more than 250 employees and they've got a much higher portion of self employed people than the rest of Europe... even the local banks have to change their calculations for affordability of loans to account for the fact that declared income in Greece isn't actual income.

the main problem here is a big issue with Greek culture in general with regards to paying taxes/corruption....
 
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Not really related to Greece, but the reason they don't is because it would cost the country more than it would raise. The reason London is one of the big financial capitals of the world and full of rich people is because they can pay little (but still the majority of UK) tax, if their operating/living costs rose then many of them would simply relocate, and not only would we not get the money owing but we wouldn't get the current amount of tax. The net loss to the country would be immense.

You got it right. A lot of people struggle with the concept.

People (in most cases, unlike Greece) will pay tax as long as it seems reasonable and fair.

Start putting up the tax rate and it's is simply the rich that relocate, as they can afford it.

Would rather get 40% of something than 60% of nothing.

It is no where near as simple as increase tax rates = increase moolar.
 
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