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Author Topic: If Greece defaults  (Read 45190 times)
n2004al
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August 25, 2015, 08:07:24 AM
 #561

If they really love their country they should be injecting cash into rebuilding it but with another 60,000 companies asking to relocate to Bulgaria to do business, looks like Greeks are not so patriotic as they try to show when going on the streets to protest..

Maybe that Greeks are right. Working in Bulgaria they can do more money than in Greece and with that money help their country investing on it. Investing now in Greece maybe is not worth because of high taxes. So better in Bulgaria then in Greece. But must be patriotic to invest those money in Greece. This is to see.
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August 26, 2015, 11:50:36 PM
 #562

I still hope that there will be a temporary deal: Greece gets a lifeline. Greece will survive for years to come on the BCE restricted money supply, forcing Greek governments to drastic cuts in the state salaries and pensions

Even more than they have until now. And raise $50 billion they don't have somehow. That's a recipe for disaster. Doubt the country will remain stable throughout it all.

I still hope that there will be a temporary deal: Greece gets a lifeline. Greece will survive for years to come on the BCE restricted money supply, forcing Greek governments to drastic cuts in the state salaries and pensions

I think they already announced that a third bailout has been agreed.

Yes. But I don't know how that will go. The government will probably face a no confidence vote soon. Most of the members of the party don't support the government in this. If it continues and the vote fails there will have to be new elections.

I personally think the other parties like NDP and PASOK will vote in favor of Tsipras to stay in power but how he will resolve in fighting and Lafasanis with the left platform we shall see. I personally would like to see him say on to fight all the corruption and tax evasion.

Doubt the left platform won't be fighting corruption and tax evasion too. The main difference between them and syriza is they are willing to leave the Euro if needed to avoid more austerity.


As we're heading towards elections once more, I think it's likely that Syriza will still be the first party. With losses for sure, but I believe that people appreciated the fight Syriza gave and the honesty of the prime minister. It's not like the majority of the Greek population turned radical when voting for Syriza. Staying in the euro was the most desired outcome by Greek people and Syriza went by that direction.

I'm not sure staying in the euro was what the Greeks wanted most. Syriza promised everything: staying in and no austerity. But for these elections, the longer it takes before they are held the more syriza will lose support. The latest austerity measures are the worst so far and are beginning to be felt by the population. So I don't believe syriza will win again. Maybe the left platform will.
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August 27, 2015, 05:03:46 AM
 #563

Greece will be again in a big mess with the resignation of Tsipras and with the division of Syrisa. The new political appearance will be unknown and very difficult to be managed. This mean difficulty with the partners and withe reforms. I bet that soon will be more troubles there.

I don't think that could be the case, I read that Tspiras has reasons to quit and I think they are satisfactory, he's onto something good don't worry Smiley The political appearance might seem unknown and people will question their managing skills but there would be votes and the authorities would be chosen out of justice so I think It will all be okay compared to what shit people speculate!
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August 27, 2015, 05:39:00 PM
 #564

Greece default is still possible. It is very likely when the new party founded by members of the left wing of Syriza (probably led and/or influenced by Varoufakis in the background) will be part of the next government.
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August 27, 2015, 11:16:57 PM
 #565

In the meantime, we got our first ever female Prime Minister.

http://www.theguardian.com/world/2015/aug/27/first-female-prime-minister-for-greece-announced

Some good press among such political instability.

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Gronthaing
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August 29, 2015, 10:35:14 AM
 #566

In the meantime, we got our first ever female Prime Minister.

http://www.theguardian.com/world/2015/aug/27/first-female-prime-minister-for-greece-announced

Some good press among such political instability.

Not that much good press though. The position is temporary, only until the elections. And worst, she was appointed. Not elected. Politics in Greece is dominated by men. Not sure that will change any time soon. But reading the article it's strange that they continue to call Syriza a radical left party. When in reality they barely did anything left, much less radical. Much of it because of their situation but still sounds so wrong.

Greece default is still possible. It is very likely when the new party founded by members of the left wing of Syriza (probably led and/or influenced by Varoufakis in the background) will be part of the next government.

Don't think Varoufakis will be leading it. Panayiotis Lafazanis will. And for now the new party is still small and doesn't have a lot of recognition in polls. But I also believe they will win.
bryant.coleman
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August 29, 2015, 01:41:48 PM
 #567

Greece default is still possible. It is very likely when the new party founded by members of the left wing of Syriza (probably led and/or influenced by Varoufakis in the background) will be part of the next government.

I don't think that the Popular Unity will enter in to a coalition government where the mainstream parties such as New Democracy and SYRIZA are present. They are diametrically opposed to these parties. IMO, if the Popular Unity is unable to secure a majority on its own (which is almost impossible), they are likely to sit in the opposition. The next government is likely to be a SYRIZA- ND coalition.
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August 30, 2015, 10:03:18 AM
 #568

Greece default is still possible. It is very likely when the new party founded by members of the left wing of Syriza (probably led and/or influenced by Varoufakis in the background) will be part of the next government.

Now that Greece has held a referendum with a strong "no" to austerity measures as an outcome and then turned 180 degrees, this doesn't sound plausible by any means...

As to me, Greece default turned out to be a farce

alani123
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August 30, 2015, 04:45:26 PM
 #569

In the meantime, we got our first ever female Prime Minister.

http://www.theguardian.com/world/2015/aug/27/first-female-prime-minister-for-greece-announced

Some good press among such political instability.

Not that much good press though. The position is temporary, only until the elections. And worst, she was appointed. Not elected. Politics in Greece is dominated by men. Not sure that will change any time soon. But reading the article it's strange that they continue to call Syriza a radical left party. When in reality they barely did anything left, much less radical. Much of it because of their situation but still sounds so wrong.

Greece default is still possible. It is very likely when the new party founded by members of the left wing of Syriza (probably led and/or influenced by Varoufakis in the background) will be part of the next government.

Don't think Varoufakis will be leading it. Panayiotis Lafazanis will. And for now the new party is still small and doesn't have a lot of recognition in polls. But I also believe they will win.

I've been saying the same about Syriza since the first day they were elected. They're radicals only in the name. They used to be a coalition of far left partied but that changed though time. Many MPs left PASOK ('Socialist' party in the name but not in the actions) while it was falling apart to go to Syriza. Syriza gained a lot of support from previously more conservative voters. They were never meant to act as a radical left party and they didn't. But that's made the party bleed. Lafazanis with other MPs left to create their own party and it's going to include the ex-parliament president Zoi Kostandopoulou that previously was with Syriza.

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TuchiBaba
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August 30, 2015, 05:59:09 PM
 #570



Now that Greece has held a referendum with a strong "no" to austerity measures as an outcome and then turned 180 degrees, this doesn't sound plausible by any means...

As to me, Greece default turned out to be a farce

Not at all!

They want to be independant country. Proud. Why not?!
European Union is just a manipulative regulations bitches.
Money buy everything? And they said NO!
Greece FTW!
deisik
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August 30, 2015, 06:55:35 PM
 #571



Now that Greece has held a referendum with a strong "no" to austerity measures as an outcome and then turned 180 degrees, this doesn't sound plausible by any means...

As to me, Greece default turned out to be a farce

Not at all!

They want to be independant country. Proud. Why not?!
European Union is just a manipulative regulations bitches.
Money buy everything? And they said NO!
Greece FTW!

Talk is cheap

foxbitcoin
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August 30, 2015, 09:38:13 PM
 #572

really awful situation of Greeks . It makes viewers think about the situation the Greek people are facing and we may face it in the future.
n2004al
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September 03, 2015, 11:38:24 AM
 #573

really awful situation of Greeks . It makes viewers think about the situation the Greek people are facing and we may face it in the future.

I don't know which nation you are but if your politicians have abused with their power for several decades, if your people like more to have fun then to work and if your country is suffocated by the debts you really need to have fear. If not, stay calm. Nothing will happen and you will enjoy your life like the other normal nations.
HarHarHar9965
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September 03, 2015, 04:08:00 PM
 #574

really awful situation of Greeks . It makes viewers think about the situation the Greek people are facing and we may face it in the future.

don't really think it is as bad as people here make it to be. Are you from Greece and are you facing some problems personally due to the shortcomings of your government? I go to Greece so often and there has been no macro changes, people are still the same, places are still so beautiful and the food is still as delicious as it used to be. So I guess rant time is over?
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September 04, 2015, 08:27:46 AM
 #575

Well now elections are up if the New Democracy party wins then I see a grexit in a few years time and total collapse of the economy unless those big sharks that took out 250 billion euros bring it back into the country and start investing again.


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bryant.coleman
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September 04, 2015, 06:49:20 PM
 #576

Well now elections are up if the New Democracy party wins then I see a grexit in a few years time and total collapse of the economy unless those big sharks that took out 250 billion euros bring it back into the country and start investing again.

Wrong. New Democracy is a pro-oligarch party, which is in favor of the bailout. If they are able to gain a majority in the parliament (seems possible as of now), then the German and French bankers will take over Greece. The only party which is not in favor of the bailout is the Popular Unity, which was formed recently by the SYRIZA rebels.
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September 04, 2015, 11:52:36 PM
 #577

Well now elections are up if the New Democracy party wins then I see a grexit in a few years time and total collapse of the economy unless those big sharks that took out 250 billion euros bring it back into the country and start investing again.

Wrong. New Democracy is a pro-oligarch party, which is in favor of the bailout. If they are able to gain a majority in the parliament (seems possible as of now), then the German and French bankers will take over Greece. The only party which is not in favor of the bailout is the Popular Unity, which was formed recently by the SYRIZA rebels.

Don't think that was what she meant. If new democracy wins yes, austerity will probably continue. And that will probably lead to worse economic problems in Greece until they exit. Or until people start revolting in the streets. That is unless the oligarchs stop evading taxes and bring all the money they stole back to the country and start investing like she said.
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September 06, 2015, 02:30:40 AM
 #578

they can sold gold for bitcoins.  Grin
a good deal ? Yes ... the time is with you, little grexit.  Cheesy

It would be a good deal indeed. Especially, in that kind of situation. Smiley
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September 06, 2015, 07:03:14 AM
 #579

Some of the recent opinion polls are placing New Democracy in the lead, but a majority of the polls are giving an advantage for SYRIZA. Popular Unity is scoring somewhere around 4% and 10%. I have a feeling that their support is being under-estimated. If they could gain as much as 15% of the vote, then the Popular Unity will be a major headache for the SYRIZA.
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September 06, 2015, 01:04:26 PM
 #580

Well now elections are up if the New Democracy party wins then I see a grexit in a few years time and total collapse of the economy unless those big sharks that took out 250 billion euros bring it back into the country and start investing again.

New Democracy is trying to convince people that they're going to do their best for stability. Stability is something that many Greeks care about at this point, It's the second election of the year and it comes after e referendum that was deemed as pointless by many. While Syriza received a lot of popularity during the first election of the year, people started loosing their confidence and didn't stay with the party. A recent poll showed that Tsipras is ahead of Meimarakis by about 1% when asking people about who's more suitable to become prime minister. Tsipras had reached 70% at some point so the decline is obvious.

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