Your thoughts on Greece? What's the most likely outcome in your opinion?

[alani123]

It seems like Greece is heading to the referendum no matter what. As a Greek myself I wonder what others think of the current situation the country is in.

[boopy265420]

Greeks are great nation after all they will come out of this crisis successfully.The real problem is for the European Union states if they let Greece on its own or help it,in both cases they need to support the burden.If people say ''yes'' in referendum then real problem will be for government as it has opposed it from the start.Any way tough time for Greeks on short to medium term but good on long term.

[cryptojumper]

I think EU don't need Greece that much really, all these talks about EURO collapsing are way too much exaggerated and unsound. If Greece does not want to live by the financial terms they themselves got into then it's their choice..

[lissandra]

Op, since youre in greece how much money is stuck in your account? edit: you dont have to answer this question in exact amounts.

Or have you moved most of your funds to western union before the whole incident? or got bitcoin.

[eerygarden]

It seems like Greece is heading to the referendum no matter what. As a Greek myself I wonder what others think of the current situation the country is in.

I'm from the UK. Our media shows unhappy queues of people at banks complaining. Some say Tsipras is our saviour, others say he has lost all credibility. To be honest I don't know what it's like for you over there? Are you ok? Are you still able to get the food you want? Are you able to cook it at home? Is the electric still on? Do your taps still release drinking water? Is there violence on the street? Does the bank holiday mean you are off work? Are you worrying? Are you relaxed? I'd love to know.

[HigsonPP]

I think that after the Greece default, it gets kicked out of Euro zone. Followed by that, more countries leave as euro has always been about more money than just more support. The economy of Greece faults destroyed, they keep losing power and faith of people keeps fluctuating from one leader to another each promising a better future. The euro zone asks an important asset or a part of the country as a payment of the dues and Greece has a fall out if it isn't rescued by another country.

[cryptojumper]

I think EU don't need Greece that much really, all these talks about EURO collapsing are way too much exaggerated and unsound. If Greece does not want to live by the financial terms they themselves got into then it's their choice..

The thing is, if Greece leaves then Spain and Italy could be next, possibly France. I think the EU has been shady and borderline fraudulent throughout all this. They cooked the numbers to even get Greece into the EU in the first place. The Greek economy did not meet the requirements and they knew it in Brussels. It looks now like it was always about privatizing Greece's public sphere and looting their economy with predatory lending. The same BS the global 1% NWO assholes are trying to pull all over the world. At some point these a-hole bankers will probably demand that Greece hand over the Acropolis as a dept payment. Hopefully their whole system of power will collapse before it comes to that tho.

The creditors helped Greece to get into the situation, there's no doubt about that. But what's done is done.. Now, however, the circumstances are such that Greece are in no position to demand something, but they don't seem to realize it or pretend to not realize it and are pushing themselves into further troubles..

[dblink]

You country is one of the ancient country in this world, Greece is a gifted place to Greeks from God, The Greek word meteora means “suspended in the air,” and this phrase aptly describes the spectacular cliffs and it is one of the Best place to visit in a lifetime. Well, talking about the crisis, it is matter of ups and downs, every tide has its ebb, don't be afraid of the failure, it will pass. success is coming on the way to Greece.

[azguard]

I think EU don't need Greece that much really, all these talks about EURO collapsing are way too much exaggerated and unsound. If Greece does not want to live by the financial terms they themselves got into then it's their choice..

The thing is, if Greece leaves then Spain and Italy could be next, possibly France. I think the EU has been shady and borderline fraudulent throughout all this. They cooked the numbers to even get Greece into the EU in the first place. The Greek economy did not meet the requirements and they knew it in Brussels. It looks now like it was always about privatizing Greece's public sphere and looting their economy with predatory lending. The same BS the global 1% NWO assholes are trying to pull all over the world. At some point these a-hole bankers will probably demand that Greece hand over the Acropolis as a dept payment. Hopefully their whole system of power will collapse before it comes to that tho.

The creditors helped Greece to get into the situation, there's no doubt about that. But what's done is done.. Now, however, the circumstances are such that Greece are in no position to demand something, but they don't seem to realize it or pretend to not realize it and are pushing themselves into further troubles..

seem like voting this weekend will determine the fate of Greece.

[kOLElEVI]

in my opinion the things Greek government has been doing all these years are beyond horrible.
the greaks by default are whiney people.

they have pensions 1 500 eur a month. it gets paid 14 times a year. and people are still whining that they can afford to travel only two times a year.
considering that they are spending money which they dont have.

and in the end all europe will suffer.

[Xialla]

ahh, lazy corrupted Greeks and their gov. full of handsome young stupids just got what they deserved. Germany stop paying their ouzo and siesta and finally they realized, where they are. I really hope, that they will say NO in referendum and prove to rest of Europe, that they deserve to be part of.

[Amph]

in my opinion the things Greek government has been doing all these years are beyond horrible.
the greaks by default are whiney people.

they have pensions 1 500 eur a month. it gets paid 14 times a year. and people are still whining that they can afford to travel only two times a year.
considering that they are spending money which they dont have.

and in the end all europe will suffer.

other countries are indeed suffering not only because of their internal problem but becuse of so many errors of few of them like Greece, if the central bank keep lend money to one country like Greece, it's obvious that they are reducing their loan to some other countries to do this

they keep printing like no tomorrow, there must be a limit for that or their toilet paper(Euro) will certainly become toilet paper

looks at the euro now, it looks like a dead horse, the fault is a bit of those poor country that joined the Eurozone since the beginning, i think the Eurozone, should have been made only with few countries and only the stronger ones, like Germany

[AtheistAKASaneBrain]

I think EU don't need Greece that much really, all these talks about EURO collapsing are way too much exaggerated and unsound. If Greece does not want to live by the financial terms they themselves got into then it's their choice..

The thing is, if Greece leaves then Spain and Italy could be next, possibly France. I think the EU has been shady and borderline fraudulent throughout all this. They cooked the numbers to even get Greece into the EU in the first place. The Greek economy did not meet the requirements and they knew it in Brussels. It looks now like it was always about privatizing Greece's public sphere and looting their economy with predatory lending. The same BS the global 1% NWO assholes are trying to pull all over the world. At some point these a-hole bankers will probably demand that Greece hand over the Acropolis as a dept payment. Hopefully their whole system of power will collapse before it comes to that tho.

The creditors helped Greece to get into the situation, there's no doubt about that. But what's done is done.. Now, however, the circumstances are such that Greece are in no position to demand something, but they don't seem to realize it or pretend to not realize it and are pushing themselves into further troubles..

If they are or aren't in a situation to demand something is irrelevant. Europe knows Greece will never be able to pay back, the mega austerity situation can't go on any longer and for it to be paid back ti would require decades of a society living in depressing austerity. It's just not viable long term, so what are they going to do about it?

[Argwai96]

I really want to see what gonna happen they get back to printing money with a broken economy, i think the people will suffer a lot, my question is will the people take down the government? could we see the people taking to the streets and take down the current government.

[The Young Turk]

If Greece asks for a loan from Turkey (that Turkey can give if Tsipras asks formally) Then Turkey can loan Money to Greece.
(Ps: If Greece defaults loan from Turkey, Then We'll get some of your islands )

[eerygarden]

If Greece asks for a loan from Turkey (that Turkey can give if Tsipras asks formally) Then Turkey can loan Money to Greece.
(Ps: If Greece defaults loan from Turkey, Then We'll get some of your islands )

I thought about this. If average Joe defaults on his mortgage he loses his house. 2 strikes is typical. Is there anything in the IMF terms what happens in the event of default. Seems a standard thing to put in to a loan agreement. Could the IMF take some land?

[IIOII]

I think sooner or later Greece will leave the Eurozone. They should have done this years ago, because it's the only reasonable way to reduce their debt burden and to become more economically competitive. It's really bad that there isn't a established mechanism for leaving the Euro-club. The current situation has destroyed all trust between the EU and Greece and ignited a lot of anger between people. This is a serious burden for the EU.

Another possible scenario would be the introduction of a parallel currency in addition to the Euro.

I don't know how things will work out - but it won't be pretty. The whole EU is on the verge of collapse (Spain and France as big economies also have serious problems). Only for now the music still plays...

[Gyfts]

It seems like Greece is heading to the referendum no matter what. As a Greek myself I wonder what others think of the current situation the country is in.

You are actually in the country? I'm interested to see the banks honestly. They're almost closed at this point, they've limited and monitored withdrawal to my knowledge. I'm shocked its people haven't gone in complete panic. If it were to happen in a place like the US, riots would break out.

[Gronthaing]

Greeks are great nation after all they will come out of this crisis successfully.The real problem is for the European Union states if they let Greece on its own or help it,in both cases they need to support the burden.If people say ''yes'' in referendum then real problem will be for government as it has opposed it from the start.Any way tough time for Greeks on short to medium term but good on long term.

If the Greeks say yes there will probably be early elections. Don't think the current government would be able to continue in those conditions. But I doubt the yes vote will win.

in my opinion the things Greek government has been doing all these years are beyond horrible.
the greaks by default are whiney people.

they have pensions 1 500 eur a month. it gets paid 14 times a year. and people are still whining that they can afford to travel only two times a year.
considering that they are spending money which they dont have.

and in the end all europe will suffer.

What was it, 46% of pensioners in Greece are below the poverty line or something? Over 25% unemployment in the country? A destroyed economy? Don't think only Greece is to blame here. Even with the corruption of previous Greek governments and tax evasion.

I really want to see what gonna happen they get back to printing money with a broken economy, i think the people will suffer a lot, my question is will the people take down the government? could we see the people taking to the streets and take down the current government.

Doubt it. The syriza government is maybe not as left leaning as some expected. But they have kept to their word so far. Tried to stay in the euro and avoid the worst of austerity as they were elected to do. And the Greeks must know how hard it will be to leave the euro. So the referendum helps here too. It's their choice.

[alani123]

It seems like Greece is heading to the referendum no matter what. As a Greek myself I wonder what others think of the current situation the country is in.

You are actually in the country? I'm interested to see the banks honestly. They're almost closed at this point, they've limited and monitored withdrawal to my knowledge. I'm shocked its people haven't gone in complete panic. If it were to happen in a place like the US, riots would break out.

Yup, I live in Greece. What I can tell is that there's a lot of uncertainty and the propaganda spread through the media at the moment doesn't help. There are capital controls imposed and we're technically locked from buying anything from companies not based in Greece at the moment. (Thank god I had some bitcoins saved) 60 euro withdrawal limits per atm card per day, pensioners didn't get their full payment at the end of the month and there are more issues caused by the capital controls. Greeks don't go out as much despite the fact that schools are closed and it's Summer. There are protests everywhere (no major violent riots as far as I'm concerned though).