The result of the referendum is a "No". It is the Grexit time. Greeks need to restructure their policies ,now that they're out of Euro Zone. Many subsidies and benefits have been taken away from it. There is no time to back down now, the economy needs a boost.

Superfineco

Maybe. But someone should also teach them a lesson. Their way how they live and run the country is no longer possible.

Varoufakis resigns as finance minister

Thank you macsga I was going to reply similarly.

Anyway we shall see in the next days. I do think that this vote is historical because, as I said, it's the first time since the EU that a population refuse to follow blindly what the EU says. And I'm sorry but a part from the freedom of movement there's nothing good coming from the EU instituition.

Hi

Are debit and credit cards operational as normal or do shops need to use the POS systems you mentioned ?
I find the situation in Greece very complicated. I guess mostly because I'm not there to see what people are
feeling and how they are operating on the ground. Do people have any sort of plan or is just a completely
see what happens situation and work it out as it comes ?

Best
Greg

Just the opposite. It's not the EU that has no time left.
When ECB will not raise ELA tomorrow, banks and the government will have no more cash in 1 or 2 days.
So no more withdrawels from your account, no more pensions/government salaries will be paid, no more food/gasoline/... will enter the country. Tourists will leave because the hotels won't be able to provide food. Even Credit card companies could stop processing transactions inside Greece.
How long do you suppose the Greek government will survive that? 1 week, 2 weeks ??

You don't really expect EVERY European politician will roll over because of this vote ?
The Greek voted no to Europe so Europe will simply stop funding Greece.
It's been made very clear to the Greek that this was the outcome when voting no.

As EU we should automatically block all Greek bank accounts everywhere in Europe, and preferably also in Switserland.

"The Oxi effect": $275 now.

I predict it will not go so much higher, so be careful. Some will dump. But I think that there is a great possibility for the price that $266 can hold - an historical mark.

thank you so much for this list
i hope you would keep it up since there are so many scammers and spammers here in the forum  

WilhelmB
molecularod
luckyhash

Vote no macsga. It's for the best IMO.

sunday pump ? 

Let's go!

Nobody is telling the truth, exept Angela Merkel, because she can decide.  Anything that is decided in the Eurogroup, has to be confirmed in the Bundestag  (the German parliament).

It is not surprising that the very idea of a referendum would provoke the ire of the eurozone authorities. Unlike the European Union, which has a different history, the eurozone project has become a fundamentally anti-democratic project. It has to be; the people currently running it want to reverse, as much as possible, decades of social progress on issues that are vital to Europeans.

But you don't have to take my word for it: there is a paper trail of thousands of pages that spell out their political agenda. The IMF conducts regular consultations with member governments under Article IV of its charter, and these result in papers which contain policy recommendations. There were 67 such consultations for EU countries during the four years of 2008 to 2011, and the pattern was striking: budget tightening was recommended in all 27 countries, with spending cuts generally favored over tax increases.

Cutting health care and pension spending, reducing eligibility for disability and unemployment compensation, raising retirement ages and increasing labor supply were also overwhelmingly common recommendations.

The European authorities took advantage of the crisis and post-crisis years to impose parts of this agenda on the weaker eurozone economies: Spain, Italy, Portugal, Ireland and most brutally of all, Greece. More than 20 governments fell as a result, until finally, in Greece on January 25, a government was elected that said no. The goal of the European authorities, therefore, is to topple this government. This has been apparent since the ECB cut off its main line of credit to Greece on February 4.

Very good show and with some really important facts about the greece crisis.
Although there are critical voices against the greece policies of frau merkel the majority of german news is pro austerity and rather supportive to a grexit in the case of a No.

Why doesn't USA help Greece paying the debt? put your money where your mouth is, once again.