Big Big day for Greece tmrw.... What will they do?

Discussion in 'Markets & Economies' started by TheEnd, Jun 16, 2012.

  1. TheEnd

    TheEnd Well-Known Member

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    Nothing..... Until they default AGAIN next month....apparently July 20th..lol!
     
  2. projack

    projack Well-Known Member Silver Stacker

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    18. June 2012 19:38:52

    GERMAN PRESS: "Who needs Europe?" asks Der Spiegel in this
    morning's online edition. Many Greeks act like a group of yobs who spent
    the night partying in a club who are later outraged for having to pay
    the bill, the paper says. The country will remain a political problem
    predicts Der Spiegel. Furthermore, the paper deems Antonis Samaras as
    unreliable and the new Athenian government should only get more money
    under the condition that it implements its austerity programme.
     
  3. TheEnd

    TheEnd Well-Known Member

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    What a bunch of rotten Souvlaki's.... Heads thicker than lead bricks I tell ya!
     
  4. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Why is it that germans have to piss everyone off every few decades or so?

    Apologies to silber and ninteno ;)
     
  5. TheEnd

    TheEnd Well-Known Member

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    Because they have zee 'economic stabilty' ..... and Mercs lol!
     
  6. Silber

    Silber Member

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    It's a tradition :cool:

    But seriously, ... who's going to pay the bills...?

    We'll see how they manage to assemble a coalition. But I cannot imagine how the new government wants to cope with the situation. One of the root causes for the problems in Greece is probably that they are trapped in a currency that does not reflect their economic strength - and the option of leaving the Euro is still being discussed. In any case, a strict austerity plan will likely lead to a further recession, and possibly cause riots. Maybe a http://en.wikipedia.org/wiki/Marshall_Plan for the PIIGS states could help, but ... not with Merkel.

    BTW: I expected some big movements as a reaction to the election, in stocks and PMs. But what happened? Nothing. It's nearly dissappointingly boring... :|
     
  7. Hoth25

    Hoth25 New Member

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    Why are the Germans pi55ing everyone off?
    All they are doing is asking the Greeks to abide by their commitments (to the bailout).
    They signed the contract, now they have to fulfil.
    All this German bashing is just a distraction.
    Greece has to pay up and shut up! (although having just voted in the same clowns that got them into this mess, the former request is unlikely)
     
  8. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Because we (everyone else in the world I've spoken to) want to see the Euro dissolved and they don't. And furthermore, they think there is a solution to this mess. There's not. Austerity my arse.

    @silber ha ha ha, tradition. :)
     
  9. Byron

    Byron Guest

    Ahhh, good old Der Reich Spiegel!

    Racial stereotyping at its best. Those lazy southerners.

    But i would like to know why they think Samaras is unreliable???

    He was the one pushing for austerity.

    Euro match between Greece and Germany should be interesting this week. Violence anyone? Golden Dawn vs the NDP?
     

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