Europe - The Official Thread
- Thread starter Touring Mars
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- TenEightyOne
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- Dennisch
I think there will be a Yes vote, causing Tsipras and Varoufakis to step down, and Greece accepting the terms provided by the creditors.
In a different scenario Greece easily be kicked out of the Eurozone. Europe is stronger than before, the money spent is already gone for now, no matter what happens. We all know that most of Greece's debt will stay debt forever.
You seem to think that Greece is in any position. They have nothing to offer, they can only accept the terms. If there was a position to negotiate for the Greeks there would have been a agreement quite some time ago.
So, no. The Eurozone isn't over a barrel. The Greeks are the ones strapped down hand and feet, and with a yes vote they get lubed up with olive oil. A no vote means heat rash and rope burn in unpleasant places.
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Varoufakis claimed that there is an agreement coming between Greece and the EZ.
Dijsselbloem : Het is volstrekt uit de duim gezogen.
Literally translated : Completely sucked from his thumb.
Normal translation : Absolute bullcrap.
Varoufakis is living in a completely different dimension.
He also claims that if it's a yes the Greek government will sign the deal made on the 25th of June.
Uhuh.
Dijsselbloem : Het is volstrekt uit de duim gezogen.
Literally translated : Completely sucked from his thumb.
Normal translation : Absolute bullcrap.
Varoufakis is living in a completely different dimension.
He also claims that if it's a yes the Greek government will sign the deal made on the 25th of June.
Uhuh.
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China is the largest foreign holder of US debt... US debt is mainly owned by the US itself.
Is that you Yanis, and how did you get Dotini's password?!
I disagree - in fact, I reckon that Greece are screwed no matter what happens in the referendum - you can't vote away facts, and the fact remains that Greece are in desperate need of outside help. A no vote would make life much worse much faster, but it might hasten the inevitable and end up resolving the crisis sooner, albeit more painfully. A yes vote will see the Greek government collapse and everything we be back to square one - not ideal for anyone, but at least it will stave off a potentially disasterous deterioration of living standards in Greece - for another few years at least.
Dotini
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The gentleman disagrees. Shall we wager? Are the betting houses publishing odds?
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Dotini
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Here is implied irrational behavior at the head of the European Union.
http://www.telegraph.co.uk/finance/...-Armageddon-if-Greek-voters-reject-terms.html
It has emerged that European members on the board of the International Monetary Fund tried to suppress the publication of a report by the IMF showing that Greece's debt is "unsustainable" and that the country is in grave need of debt relief.
This validates the claim by Syriza that a deal without debt restructuring fails to go to the root of the problem, and merely ensures another crisis later. Angry staff members at the IMF leaked parts of the paper to the German press, forcing full publication.
The EMU creditors have so far refused to offer any debt relief. The danger is that this hard line will backfire, forcing Greece to default on an estimated €340bn of liabilities to the eurozone system. This would entail vastly greater losses for the creditors.
http://www.telegraph.co.uk/finance/...-Armageddon-if-Greek-voters-reject-terms.html
It has emerged that European members on the board of the International Monetary Fund tried to suppress the publication of a report by the IMF showing that Greece's debt is "unsustainable" and that the country is in grave need of debt relief.
This validates the claim by Syriza that a deal without debt restructuring fails to go to the root of the problem, and merely ensures another crisis later. Angry staff members at the IMF leaked parts of the paper to the German press, forcing full publication.
The EMU creditors have so far refused to offer any debt relief. The danger is that this hard line will backfire, forcing Greece to default on an estimated €340bn of liabilities to the eurozone system. This would entail vastly greater losses for the creditors.
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mister dog
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HKS racer
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European Union is a lie it will never work without a Federal Governament that rules over National Governaments for the interest of the whole EU not for the interest of single countries.
What we have now is just a bunch of bankers playing puppets behind the scenes, diktating what everyone else have to do. That's why UK never entered euro zone and never will, they knew it since the beginning.
These bankers want Greece to accept the deal so they can basically put them to slavery. They'll had to work to pay the debt for generations.
It's time for Greece to move on and start a new life. Without EU madness they should be competitive on the solar energy export. If they succeed they will be able to pay debts with growth (and not with austerity a.k.a. slavery) and it will be the official end of Euro and European Union.
What we have now is just a bunch of bankers playing puppets behind the scenes, diktating what everyone else have to do. That's why UK never entered euro zone and never will, they knew it since the beginning.
These bankers want Greece to accept the deal so they can basically put them to slavery. They'll had to work to pay the debt for generations.
It's time for Greece to move on and start a new life. Without EU madness they should be competitive on the solar energy export. If they succeed they will be able to pay debts with growth (and not with austerity a.k.a. slavery) and it will be the official end of Euro and European Union.
