Greece makes huge claim for Nazi era

[Wilikon]

http://www.bbc.com/news/world-europe-32202768

Greece Nazi occupation: Athens asks Germany for 279bn euros

The Greek government says Germany owes Greece nearly €279bn (£204bn; $303bn) in war reparations for the Nazi occupation during World War Two. It is the first time Greece has officially calculated what Germany allegedly owes it for Nazi atrocities and looting during the 1940s. However, the German government says the issue was resolved legally years ago.

It should be applied to them too.

List of wars involving Greece...


 

[bryant.coleman]

It should be applied to them too.

List of wars involving Greece...

You can't compare the WW2 with other wars. In WW2, systematic genocide was used by the Nazis, with the aim of replacing the native population of Poland, Russia, Greece.etc with "Aryans".

[galdur]

(Reuters) - Russian President Vladimir Putin offered Greek Prime Minister Alexis Tsipras moral support and long-term cooperation but no financial aid on Wednesday, leaving Athens to fend for itself in resolving urgent debt problems with Western creditors.

The leftist-led Greek government, at loggerheads with its euro zone and International Monetary Fund creditors, risks running out of money within weeks unless it can reach a new cash-for-reform deal.

"The Greek side has not addressed us with any requests for aid," Putin told a joint news conference after Kremlin talks. "We discussed cooperation in various sectors of the economy, including the possibility of developing major energy projects."

Tsipras added: "Greece is not a beggar going around to countries asking them to solve its economic problem, an economic crisis that doesn't only concern Greece but is a European crisis."

http://www.reuters.com/article/2015/04/08/us-russia-greece-idUSKBN0MZ0KJ20150408

[Pentax]

Meh.  ploy.

Have the Germans re-engineer yogurt and manage the rest of the business for them while they're at it.  Maybe then they can generate some Euros.

The last time the Greeks did anything right Zeus was president.....

[countryfree]

BS calls for more BS, so I think the Germans should ask for a payment for running the country during WWII. Greece was much better managed in 1944 when the Germans were in charge than anytime since then.
 

What exactly do you mean by "better managed"? If that means killing a significant portion of the country's population, and looting the national treasures, then no thanks. Greece is much better badly managed by the Greek politicians, than "better managed" by the Nazis.

I was joking, of course, but considering Greece went through 2 dictatorships and one civil war during the last century, Greek politics and management is hardly a model to anyone. 

[galdur]

BS calls for more BS, so I think the Germans should ask for a payment for running the country during WWII. Greece was much better managed in 1944 when the Germans were in charge than anytime since then.
 

What exactly do you mean by "better managed"? If that means killing a significant portion of the country's population, and looting the national treasures, then no thanks. Greece is much better badly managed by the Greek politicians, than "better managed" by the Nazis.

I was joking, of course, but considering Greece went through 2 dictatorships and one civil war during the last century, Greek politics and management is hardly a model to anyone. 

Yeah, and then they got Goldman Sachs as advisers around the turn of the century to add insult to injury.

Good luck, g

[galdur]

Greek Debt Crisis: How Goldman Sachs Helped Greece to Mask its True Debt

By Beat Balzli

February 08, 2010 – 06:55 PM

Goldman Sachs helped the Greek government to mask the true extent of its deficit with the help of a derivatives deal that legally circumvented the EU Maastricht deficit rules. At some point the so-called cross currency swaps will mature, and swell the country's already bloated deficit. ...

http://www.spiegel.de/international/europe/greek-debt-crisis-how-goldman-sachs-helped-greece-to-mask-its-true-debt-a-676634.html

[panju1]

just need fast cash to pay their IMF debts.

Current government officials are saying that default is more preferable than paying this debt. It's unlikely that they would pay anything even if they would have some money.

A default would be bad for the Euro economy and might cause shocks in other economies as well, given that bond holders are across Europe.
Greece would definitely be shut out of the bond markets in the future if they default. Not sure if the government wants that.

[bryant.coleman]

A default would be bad for the Euro economy and might cause shocks in other economies as well, given that bond holders are across Europe.
Greece would definitely be shut out of the bond markets in the future if they default. Not sure if the government wants that.

It is sad. But the Greek government is left with few choices. They are being forced to chose between staying in the Euro Zone, and looking after their citizens, who are being plagued by an unemployment rate of 30%. If I was Tsipiras, then I'd have also chosen the latter option.