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-   -   Spain in a 'state of total emergency' ? (https://britishexpats.com/forum/spain-75/spain-state-total-emergency-760244/)

rafikiphoto Jun 1st 2012 1:47 am

Re: Spain in a 'state of total emergency' ?
 

Originally Posted by billgates (Post 10094655)
http://www.breakingnews.com/topic/eurozone-crisis

Greek Drachma post euro (XGD) shows up on Bloomberg
Read into this what you will....


Always has done. Look at the list and you will see Belgian Franc, Dutch Guilder, Spanish Peseta etc. etc. all at their original Euro rate. So read nothing into that.

billgates Jun 1st 2012 1:51 am

Re: Spain in a 'state of total emergency' ?
 
You're probably right, but the Telegraph had something similar today also...


11.43 We're not quite sure what to make of this, but it seems Bloomberg has created a currency code for the Greek drachma. We've just tried it out on our terminal and it leads to nothing but a blank screen and a message claiming: "Access to this security is restricted by its supplier". It's always best to be prepared, don't you think?

http://www.telegraph.co.uk/finance/d...isis-live.html

Domino Jun 1st 2012 1:52 am

Re: Spain in a 'state of total emergency' ?
 

Originally Posted by bobd22 (Post 10094732)
They may if they believe it's only the ones in the other field that are for the chop and they will get their food that's left over.

or will be in the arms of POTUS at Thanksgiving

rafikiphoto Jun 1st 2012 2:00 am

Re: Spain in a 'state of total emergency' ?
 

Originally Posted by billgates (Post 10094766)
You're probably right, but the Telegraph had something similar today also...
http://www.telegraph.co.uk/finance/d...isis-live.html

Converts 1€ to 340.6541 drachmas on my screen and 166.3392 Pesetas.

rugbymatt Jun 1st 2012 3:32 am

Re: Spain in a 'state of total emergency' ?
 
I'd be more worried about THIS than Twitter rumours!

steviedeluxe Jun 1st 2012 3:41 am

Re: Spain in a 'state of total emergency' ?
 

Originally Posted by rugbymatt (Post 10094957)
I'd be more worried about THIS than Twitter rumours!

It's ironic that the Balkans troubles in the 90s turned up at just the right time to save the Spanish tourist industry. Here we go again?
I don't think (and I hope I'm right) that there won't be enough extremists to start the wars up again, although a simmering situation, like northern Ireland used to be, may be the outcome. Apart from anything else, the Serbs should now realise that the last thing they need is to attract further 1000s of Islamic jihadis to go over in support of their Kosovan brothers.

bobd22 Jun 1st 2012 3:56 am

Re: Spain in a 'state of total emergency' ?
 

Originally Posted by steviedeluxe (Post 10094985)
It's ironic that the Balkans troubles in the 90s turned up at just the right time to save the Spanish tourist industry. Here we go again?
I don't think (and I hope I'm right) that there won't be enough extremists to start the wars up again, although a simmering situation, like northern Ireland used to be, may be the outcome. Apart from anything else, the Serbs should now realise that the last thing they need is to attract further 1000s of Islamic jihadis to go over in support of their Kosovan brothers.

Also like the Northern Ireland situation it will never fully go away too much hatred between these groups, it will simmer away then rear it's ugly head again and again.

amideislas Jun 1st 2012 4:15 am

Re: Spain in a 'state of total emergency' ?
 

Originally Posted by rugbymatt (Post 10094957)
I'd be more worried about THIS than Twitter rumours!

Shit. Not again?

steviedeluxe Jun 1st 2012 8:18 am

Re: Spain in a 'state of total emergency' ?
 
Euro's future to be decided within weeks

http://www.guardian.co.uk/business/2...cided-in-weeks

rugbymatt Jun 1st 2012 8:45 am

Re: Spain in a 'state of total emergency' ?
 
This is the first step along the path isn't it?

HBG Jun 1st 2012 9:09 am

Re: Spain in a 'state of total emergency' ?
 
THIS is the reality. The world has always had trouble spots, it's a big place. It will survive by plodding on regardless. Our last century had more people killed in wars than ever before - the first dozen years of this one have been 'relatively' peaceful.

The Balkans are a tiny, bombed out place the rest of us have forgotten.

I can't predict the future for Spain and the Euro, but the Balkans will have sweet f-all to do with the outcome.

chrisjolly Jun 1st 2012 12:27 pm

Re: Spain in a 'state of total emergency' ?
 

Originally Posted by mikelincs (Post 10093032)

Very interesting article and the other related ones too including the one about Spanish Banks needing so much funding. We moved from the peseta to the euro successfully in one day...and although having the euro has made spending around Europe so much easier I think financially we ought to return to the peseta.

Fred James Jun 1st 2012 6:26 pm

Re: Spain in a 'state of total emergency' ?
 

Originally Posted by chrisjolly (Post 10095764)
We moved from the peseta to the euro successfully in one day...

Not strictly true. The Euro was introduced on January 1 1999 but didn't enter circulation for three years in 2002.

A change back to the peseta is much more complicated than printing some notes and putting them into an ATM.

chrisjolly Jun 1st 2012 6:41 pm

Re: Spain in a 'state of total emergency' ?
 

Originally Posted by Fred James (Post 10096000)
Not strictly true. The Euro was introduced on January 1 1999 but didn't enter circulation for three years in 2002.

A change back to the peseta is much more complicated than printing some notes and putting them into an ATM.

It was strictly true in our village...the elderly had no idea of all the changes going on leading up to the day when we changed but they just started using euros, with a bit of a nostalgic moan about the peseta, with no problem at all. The Euro was a geat idea for member nations but due to the complete and utter difference in work ethic and attitude it was doomed to failure...

agoreira Jun 1st 2012 8:09 pm

Re: Spain in a 'state of total emergency' ?
 

Originally Posted by chrisjolly (Post 10095764)
...and although having the euro has made spending around Europe so much easier I think financially we ought to return to the peseta.

These three Spanish experts think the complete opposite, that at best adopting the peseta would take Spain back to the 50's. The article reckons Spain has only itself to blame, it needs to stop thinking it is being victimised, stop feeling sorry for itself, stop blaming everyone else for it's problems.(it has received more money than anyone from the EU) Interestingly, the article says they should forget about "populismo", about Gibraltar, more Spanish move to London every year than the entire population of Gib.
http://elpais.com/elpais/2012/05/31/...92_453958.html


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