Greek Financial Crisis

[SpurtingLesbian]

They need to face up to their situation then like we did and tackle it head on. It's not like they are a 3rd world country.

They still need some money to keep hospitals/police/fire service functional. You seem to be underestimating how little money the country currently has to start off with.
The infrastructure is on the verge of collapse and the Eu are demanding that more money gets taken out of what's left if their economy.
The banks have been closed since last week to stop everyone withdrawing what little money they have left and the Banks going under.

 

[ilikecheese]

This better not affect the price of gyros...I will not be happy.

 

[The Equaliser]

They still need some money to keep hospitals/police/fire service functional. You seem to be underestimating how little money the country currently has to start off with.
The infrastructure is on the verge of collapse and the Eu are demanding that more money gets taken out if what's left if their economy.
The banks have been closed since last week to stop everyone withdrawing what little money they have left and the Banks going under.

Really ? Where are you getting this info from ?

The banks have not been closed since last week. They closed today and there will be restrictions on cash withdrawals for a week until the referendum.

 

[The Equaliser]

Please vote to bring down the crazy made up currency my Greek friends. Don't be stupid like them Paddy's oh wait..
To hell with the ECB,IMF and the Irish..

One Euro will get you 71.23 Queens Pence..thought it would be worse tbh

That's bollox mate. They are a great bunch of lads. Your just sounding like a FG man there. We got screwed over unsecured bondholders and have nothing to be proud about tbf

You are embarrassing our nation. Please stop.

 

[Lids1978]

You are embarrassing our nation. Please stop.

How? The Euro is a failure of a currency. Please explain why its a success apart from paying your brass on the Costa in the same currency!

 

[Lionel Naismith]

Came in smashed and ate cheese Doritos with tsatziki (probably skatty when sober). Assed about their crisis Greece is boring as

 

[Lids1978]

Hopefully this sham currency is on its way out. Ya cant have a solid currency without a functioning treasury which the brains in the ECB forgot about also. If the Greeks bring it down the short term pain will be worth it.

 

[Lionel Naismith]

Hopefully this sham currency is on its way out. Ya cant have a solid currency without a functioning treasury which the brains in the ECB forgot about also. If the Greeks bring it down the short term pain will be worth it.

Don't know the in's and out's of their predicament cos' I've just turned 20 (thus not too assed). But from where I am it looks like major tax evasion plus moving to the euro from the cheapo dracma which brought loads of tourism. Correct me if I'm wrong lids.

 

[The Equaliser]

How? The Euro is a failure of a currency. Please explain why its a success apart from paying your brass on the Costa in the same currency!

Failure ? Sounds like you've either been reading too much UKIP literature or the Daily Mail.

The Euro is here to stay.

 

[Lids1978]

Failure ? Sounds like you've either been reading too much UKIP literature or the Daily Mail.

The Euro is here to stay.

Oh dear...neither by the way. Its just basic economics lad. If you can't see its a failed experiment sorry but yawn..

 

[Lids1978]

Don't know the in's and out's of their predicament cos' I've just turned 20 (thus not too assed). But from where I am it looks like major tax evasion plus moving to the euro from the cheapo dracma which brought loads of tourism. Correct me if I'm wrong lids.

Retirement age at 55 also lid but mainly the here and the now is that the previous Greek Government agreed to pay back borrowed money at ridiculous interest rates despite reforms of tax,retirement age etc makes no difference. The damage is done and the people ain't happy.

 

[The Equaliser]

Oh dear...neither by the way. Its just basic economics lad. If you can't see its a failed experiment sorry but yawn..

No...erm,..'lad'...it's not a failed experiment as far as Ireland and 18 other countries are concerned.

You British may see it differently and that is understandable. Carry on sleeping.

 

[Lids1978]

No...erm,..'lad'...it's not a failed experiment as far as Ireland and 18 other countries are concerned.

You British may see it differently and that is understandable. Carry on sleeping.

Wow!

 

[Lionel Naismith]

Retirement age at 55 also lid but mainly the here and the now is that the previous Greek Government agreed to pay back borrowed money at ridiculous interest rates despite reforms of tax,retirement age etc makes no difference. The damage is done and the people ain't happy.

60 quid a day or something I heard haha they are in a mess aren't they. Shame on the people/country that lent them it in the first place though basically ruined a nation.

 

[Charlie Sweet]

No...erm,..'lad'...it's not a failed experiment as far as Ireland and 18 other countries are concerned.

You British may see it differently and that is understandable. Carry on sleeping.

I agree completely.

Greece entered the Euro on a political fudge and now it will likely fall out due to political incompetence.

That doesn't make it a mistake for the other nations. If anything this will strengthen the Euro.

The only potential country now at risk is Portugal but I think a lesson will be learned on Greece.