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Road to a Grecian turn?

Road to a Grecian turn?

Old Apr 27th 2017, 9:06 am
  #1231  
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Default Re: Road to a Grecian turn?

Originally Posted by Red Eric View Post
Why would the creditors want to spark a revolution?
Indeed, surely they should leave that to true and committed revolutionaries Comrade Eric
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Old May 2nd 2017, 7:15 pm
  #1232  
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Default Re: Road to a Grecian turn?

Latest news on the Greek bailout - new agreement with creditors.

Greece bailout paves way to debt talks despite German opposition

Will the Germans allow a Greek debt write off?
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Old May 2nd 2017, 8:42 pm
  #1233  
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Default Re: Road to a Grecian turn?

Originally Posted by HKG3 View Post
Latest news on the Greek bailout - new agreement with creditors.

Greece bailout paves way to debt talks despite German opposition

Will the Germans allow a Greek debt write off?
they'll have to at some point as Greece will go bankrupt without it
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Old May 2nd 2017, 8:50 pm
  #1234  
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Default Re: Road to a Grecian turn?

Todays Times article was far more positive than Sky News but then it customer base is probably better informed.
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Old May 3rd 2017, 1:06 pm
  #1235  
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Default Re: Road to a Grecian turn?

Originally Posted by Garbatellamike View Post
they'll have to at some point as Greece will go bankrupt without it
"Go"? Greece has been bankrupt for a decade, and all the malarkey in the time since then has just been a pathetic pantomime so that the major creditors can avoid having to admit it publicly.
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Old May 3rd 2017, 4:45 pm
  #1236  
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Default Re: Road to a Grecian turn?

Originally Posted by Pulaski View Post
"Go"? Greece has been bankrupt for a decade, and all the malarkey in the time since then has just been a pathetic pantomime so that the major creditors can avoid having to admit it publicly.
Greece is only bankrupt if it's declared bankrupt - until then it is a slow-motion car-crash.
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Old May 3rd 2017, 4:52 pm
  #1237  
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Default Re: Road to a Grecian turn?

Originally Posted by InVinoVeritas View Post
Greece is only bankrupt if it's declared bankrupt - until then it is a slow-motion car-crash.
I don't know about "car-crash", I think "Fraudulent Trading" is more appropriate.
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Old May 3rd 2017, 5:02 pm
  #1238  
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Default Re: Road to a Grecian turn?

Originally Posted by Pulaski View Post
I don't know about "car-crash", I think "Fraudulent Trading" is more appropriate.
If Greece were a business that would be true, instead it's more like the last one into the giant EU Ponzi scheme.
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Old May 16th 2017, 2:35 pm
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Default Re: Road to a Grecian turn?

Unsurprising news from Greece.

I think the only thing that surprises me is that Greece has managed to spend four years from 2012 not in recession.
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Old May 17th 2017, 7:19 am
  #1240  
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Default Re: Road to a Grecian turn?

Originally Posted by Pulaski View Post
Unsurprising news from Greece.

I think the only thing that surprises me is that Greece has managed to spend four years from 2012 not in recession.
Oooh look!
The fastest-growing economies were Latvia, Lithuania and Portugal, which expanded by 1% in the quarter.
I know what's helping in Portugal
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Old May 17th 2017, 9:19 am
  #1241  
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Default Re: Road to a Grecian turn?

Originally Posted by Red Eric View Post
Oooh look!


I know what's helping in Portugal
Me too - it's their turn. Growth is handed out by the EC to member countries in alphabetical order. There's not enough to go round you see
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Old May 27th 2017, 5:44 pm
  #1242  
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Default Re: Road to a Grecian turn?

In positive news the trumped up charges against Georgiou for honestly reporting the size of the Greek defecit have been thrown out by the appeals court today.
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Old Jun 1st 2017, 5:04 pm
  #1243  
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Default Re: Road to a Grecian turn?

Still no news as to when the Greeks will get the bailout money.

Greek minister warns 'no excuses' on bailout deal - BBC News
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Old Jun 1st 2017, 6:04 pm
  #1244  
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Default Re: Road to a Grecian turn?

Originally Posted by HKG3 View Post
Still no news as to when the Greeks will get the bailout money.

Greek minister warns 'no excuses' on bailout deal - BBC News
Yep it's getting more and more difficult to keep kicking the can down the road - who'd have thought it?
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Old Jun 9th 2017, 10:06 am
  #1245  
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Default Re: Road to a Grecian turn?

Things are not going well for Greece -

https://www.nytimes.com/reuters/2017...sion.html?_r=0

There is still no news on the next set of new loans for Greece - the Greeks need these new loans to pay off their old debts in July.
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