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Greece to hold referendum on austerity measures 5 July

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ElTorro

I wanted to dominate the living room. Then I took an ESRAM in the knee.
184211-650x565-kataifi_mpompa.jpg


Those are shared with the Turkish cuisine (EDIT: and beyond it seems, most of Near East, I learned something new...), and the Turk artisans in Greece prove it. Sort of like a rivalry between the historically rival nations, not with swords or fighters, but with sugar. who does it best. Poetic huh?


Uh, that stuff is waaay to sweet.
 

chadskin

Member
:O

Nein. Enoough is enough. I declare war on you and Butterkuchen and Bienenstich!

So this is how World War III starts!

I'm shamefully not really familiar with the sweet side of the Greek cuisine. Greek salad, Souvlaki and Gyros in all its variants are great, though. :p
 

oti

Banned
So this is how World War III starts!

I'm shamefully not really familiar with the sweet side of the Greek cuisine. Greek salad, Souvlaki and Gyros in all its variants are great, though. :p

That's ok, it's not your fault. Greek Zacharoplasteia are very rare here in Germany. Maybe there's one in Bielefeld.
 
the more time passes, the more I side with the NO on this one.

It is unfair to put the squeeze on the average folks while the top minority rich who created the mess have room to move, maneuver, lie and flee
 

Tetranet

Member
And you shouldnt: https://en.wikipedia.org/wiki/CDU_donations_scandal

And for some reason he still became minister of coin in Germany a few years later, only contesteted by a dutch journalist.


Greek's PASOK and New Democracy are full of the same. The highlight being : https://en.wikipedia.org/wiki/Akis_Tsochatzopoulos (he was under the pretty face above, Simitis.) Many banknotes from France and Germany, probably the US and Russia too for that one. Horrible scandals, robbing the average citizen all to build arsenals.

He campaigned for NAI. From prison (we got that one).
 

Tetranet

Member
%CE%95%CF%85%CF%81%CF%8E-%CF%83%CE%B7%CE%BC%CE%AF%CF%84%CE%B7%CF%82-2002.jpg
OMG Absolutely thrilling photograph. He's with this guy: https://en.wikipedia.org/wiki/Lucas_Papademos The criminal that made a mess of Greek Law in 2011-2012.

And they tell me in another photo of the same event he's with Yannis Stournaras the current chairman of the Bank of Greece (!!!!), the man who let a politician remove 1 million EURO a few days ago under capital controls, as well as the previous finance minister Chardoubelis Gkikas.



This referendum is about exposing and annihilating Greece's entrenched network of greed, corruption and evil. Whether a new network will replace it (SYRIZA?) remains to be seen, but either way I'm glad with the regime change. I'll be off to see history unfold on the TVs. I suggest this site for Greek media-source info http://en.enikos.gr/.
 
Just listened to NPR's Planet Money podcast about the referendum. Outlook sounds bad no matter which way the Greeks vote, but it will immediately turn awful if they vote no.
 

Rubenov

Member
If Greece leaves the EU, it would likely do so on its own to print / control monetary policy rather than getting 'kicked out'.
 

2MF

Member
Just listened to NPR's Planet Money podcast about the referendum. Outlook sounds bad no matter which way the Greeks vote, but it will immediately turn awful if they vote no.

At least they will be independent and free to break away from externally-imposed austerity measures which clearly aren't working (and "aren't working" is putting it nicely).

It will definitely suck in the short term though...
 

chadskin

Member
I guess it's time you take a vacation in Greece this year and to fix that!

YES! I've been meaning to for years, actually, definitely want to check out all of the ancient monuments and sites in Athens. It's going to have to wait until after I finish university, though, when I have, you know, money. ;)
 
I don't really understand Varoufakis confidence, that he can get a new deal in "24 hours" if Greece votes NO.
Why would there magically appear a better deal in 24 hours just because of the vote? Why would it now be possible to come to a an agreement in 24 hours, if it wasn't possible in 6 months. Why should the EZ even care if the vote is yes or no?
 
I don't really understand Varoufakis confidence, that he can get a new deal in "24 hours" if Greece votes NO.
Why would there magically appear a better deal in 24 hours just because of the vote? Why would it now be possible to come to a an agreement in 24 hours, if it wasn't possible in 6 months. Why should the EZ even care if the vote is yes or no?
A deal in 24 hours is impossible. It would be a new deal, that needs to be approved by a lot of different countries. He is just bullshitting there.
 

Tugatrix

Member
Greece can't get kicked out of anything, they can only leave if they wish so, that are the rules in Lisbon Treaty, so if oix win EU will have to think about that debt haircut
 
D

Deleted member 231381

Unconfirmed Member
A deal in 24 hours is impossible. It would be a new deal, that needs to be approved by a lot of different countries. He is just bullshitting there.

It doesn't actually have to be arranged with multiple countries. Strictly speaking, it needs assent only from Lagarde, Juncker and Draghi.
 

ElTorro

I wanted to dominate the living room. Then I took an ESRAM in the knee.
It doesn't actually have to be arranged with multiple countries. Strictly speaking, it needs assent only from Lagarde, Juncker and Draghi.

Are we talking about a 3rd bailout program here? Because since that would run according to ESM rules, the parliaments of the Eurozone members would have to give approval for even starting negotiations, and later give approval again to ratify a deal.
 
In that case, you can show actions by IMF officials that support your statement that they're willing to debt relief. Bear in mind that report that says debt relief is necessary, doesn't seem backed by Lagarde or any of the other officials negotiating. They still want austerity for Greece. IMF doesn't believe in letting debts drop, not even if a country defaults. They have always fought for their money.

None of this supports your original post, that IMF is close to agreeing based on the NY Times article. Or why you consider US and other involved parties when only three parties are actually negotiating on a Greek deal.

Υοu are right that there are no actions yet but wasn't there supposed that any negotiations are officially halted till after the referendum? The turnaround or their spiele though is happening. We' ll see if it is just all talk... Also, US opinion is sure to matter.

would you give him your money?
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GabeN did. Heard no complaints from Valve.

What a silly post

Why do you pretend not to be aware that he's perfectly happy with a grexit too? The professor is also a politician. Shock and horror.
boom-headshot-soccer-demotivational-poster-1213707634.jpg


%CE%95%CF%85%CF%81%CF%8E-%CF%83%CE%B7%CE%BC%CE%AF%CF%84%CE%B7%CF%82-2002.jpg
OMG Absolutely thrilling photograph. He's with this guy: https://en.wikipedia.org/wiki/Lucas_Papademos The criminal that made a mess of Greek Law in 2011-2012.

And they tell me in another photo of the same event he's with Yannis Stournaras the current chairman of the Bank of Greece (!!!!), the man who let a politician remove 1 million EURO a few days ago under capital controls, as well as the previous finance minister Chardoubelis Gkikas.

This referendum is about exposing and annihilating Greece's entrenched network of greed, corruption and evil. Whether a new network will replace it (SYRIZA?) remains to be seen, but either way I'm glad with the regime change. I'll be off to see history unfold on the TVs. I suggest this site for Greek media-source info http://en.enikos.gr/.

One tip: Keep the name Yannis Stournaras. Syriza is under immense fire that they let him be chairman of the Greek National Bank, when he was a known corrupted accomplice of PASOK/ND. Both parties OWE money and he covered their asses. He also cost Greek people ~10Billion € in Agrotiki Bank scandal and was involved in Siemens scandal as well. He also imposed capital controls immediately after the referendum was announced. And let a corrupted ND politician illegally withdraw 1 million euros this week in Crete as you suggested. That SOB is ruthless.

Syriza is VERY NAIVE. He lets known corrupted people in key positions.
 

gofreak

GAF's Bob Woodward
Greece can't get kicked out of anything, they can only leave if they wish so, that are the rules in Lisbon Treaty, so if oix win EU will have to think about that debt haircut

Dunno how true this is, or if it's telling the full story, but one of the senior 'europe' people involved has said that if no wins, Greece can't be forced out of the eurozone by anyone else, but effectively would be put in a position where it has to start printing its own money again - and any country that introduces a new currency is effectively 'opting' to leave the euro.

Could well have been pre-referendum bluster, but I guess with either result we'll soon see who was bluffing and who wasn't.
 
D

Deleted member 231381

Unconfirmed Member
Are we talking about a 3rd bailout program here? Because since that would run according to ESM rules, the parliaments of the Eurozone members would have to give approval for even starting negotiations, and later give approval again to ratify a deal.

Depends on the source of the funds. You're right ESM funding needs assent from national parliaments, but the ECB can inject liquidity directly effectively unilaterally - its constraints are political rather than regulatory (a.k.a. Merkel would throw a fit).
 

mnz

Unconfirmed Member
It doesn't actually have to be arranged with multiple countries. Strictly speaking, it needs assent only from Lagarde, Juncker and Draghi.
What exactly are you talking about here?
A new program needs to go through many national parlaments.
 
D

Deleted member 231381

Unconfirmed Member
What exactly are you talking about here?
A new program needs to go through many national parlaments.

See post above. Who is needed for a deal to be approved depends on the sources that would be used for the deal. It is technically possible if politically very unlikely to be able to reach a deal with assent only needed from the European Commission executive, the IMF, and the ECB. The ESM is obviously not the be all end all, especially given it has only been around since 2012.
 

Xando

Member
It doesn't actually have to be arranged with multiple countries. Strictly speaking, it needs assent only from Lagarde, Juncker and Draghi.

Not really, schäuble needs a new mandate to do any negotiations. The old madate ran out last tuesday.

e: nvm.
 
Greece can't get kicked out of anything, they can only leave if they wish so, that are the rules in Lisbon Treaty, so if oix win EU will have to think about that debt haircut

They can't be kicked out, but the ECB will only support Greece if there's a program in place, so effectively they're out of the Euro.
 
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