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Greece will not default

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Claudia79
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Post  katertaif Mon 27 Jul - 9:20

Badboy wrote:IT HAS BEEN LEAKED THAT THE FORMER FINANCE MINISTER WANTED TO RAID GREEK BANKS AND RETURN TO DRACHMA.

Good morning old son

That would be one way to solve the problem, but any suggestion that Greece kicks the Euro into touch will be met with a stone wall by the rest of the Eurozone. You have to remember that Greece joined the Eurozone with the full complicity of the others, in the full knowledge that Greece did not fulfil the requirements. Common sense and sound financial policies went out of the window some time ago in the race towards the United States of Europe. The ultimate goal, which nothing must be allowed to upset. Even if it means years of misery for the Greeks themselves. This is an organisation that the auditors have refused to sign off as legitimate from day 1. 'nuff said!!
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Post  katertaif Mon 27 Jul - 10:12

Badboy wrote:GREECE HAS RELAXED OVERSEAS PAYMENTS SO IMORTS CAN HAPPEN.
THE UNCERTAINLY OVER THE REFERENDUM COST GREEK ECONOMY 3BILLION EUROS.

By virtue of a mixture of political chicanery, Greece has managed not to default. Having said that you are not far off the mark with the cost to the Greek economy of some 3 Billion Euros.

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Post  Badboy Tue 28 Jul - 19:09

2 GREEKS HAVE LAUNCHED A POTENTIAL COURT ACTION AGAING VANOUCHIS(SP?) ALLEGING HIS NEGOTIATING STANCE LED TO THEIR AND OTHER'S HARDSHIP.
AUSTRALIA MAY ALSO END UP IN A SIMILIAR SITUATION TO GREECE AS WELL AS POSSIBLY CHINA.
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Post  Badboy Thu 30 Jul - 23:59

BARTER IS INCREASELY BEING USED IN GREECE.
ELECTIONS MAY OCCUR BEFORE END OF YEAR.
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Post  Badboy Fri 31 Jul - 0:09

INF,IT APPEARS WILL NOT CONTRIBUTE TO LATEST BAILOUT.
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Post  Badboy Sat 1 Aug - 19:41

IMF STAFF ARE SKEPTICAL OF CONTRIBUTING TO BAILOUT FUND MEANING GERMANY MIGHT VOTE AGAINST EJECTING GREECE FROM EUROZONE.
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