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Author Topic: Greek Plan Accepts Austerity to Get Debt Relief  (Read 796 times)
godlyitems
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July 10, 2015, 07:21:35 AM
 #1

Greek PM appears to be pushing for strong austerity. Even though he urged his people to reject the same thing this past Sunday. He will ask for an additional $59 billion. This may include some debt relief from Europe.


Mr. Tsipras went before his cabinet to seek a commitment for reform measures in the new plan that, presumably, went beyond what had been offered previously. He will seek the approval of Parliament on Friday. Much may hinge on his ability to persuade the more radical elements of his Syriza party to support a package that in essence was anathema to many of them last week.

As details of the new offer emerged, it appeared that Prime Minister Alexis Tsipras was capitulating to demands on harsh austerity terms that he urged his countrymen to reject in the referendum last Sunday, like tax increases and various measures to cut the costs of pensions.

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Harriss
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July 10, 2015, 07:24:08 AM
 #2

@godlyitems

Then stop talking about bigots and racism, because people like you are the biggest bigots in the world.
'We intend to keep bashing until the "social construct" called the white race is destroyed.'
The incredibly ugly Noel Ignatiev
ezly
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July 10, 2015, 07:25:07 AM
 #3

They won't cut deep enough to satisfy the Germans and the Germans give no indication they will cut any more debt since they have done that previously just to end up back here again. Greece just needs to bite the bullet and leave.
JarvisTechnology
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July 10, 2015, 02:28:10 PM
 #4

Tsipras is doing what he can with the country . Now adoption of an austerity plan to get debt relief. Although he asked the citizens to go for a "No". But he's playing an ironical move here. Things are vulnerable at present. Greece's one mistake , even a minutest mistake can make it pay huge bucks. The country will suffer along with its people , they cannot afford even a slightest mistake.

AtheistAKASaneBrain
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July 10, 2015, 02:45:11 PM
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Tsipras is doing what he can with the country . Now adoption of an austerity plan to get debt relief. Although he asked the citizens to go for a "No". But he's playing an ironical move here. Things are vulnerable at present. Greece's one mistake , even a minutest mistake can make it pay huge bucks. The country will suffer along with its people , they cannot afford even a slightest mistake.

Well, adopting measures that are even more austere than the ones proposed before the referendum will bring him a lot of haters in his own side. It's actually happening, not only voters, but members of Syriza are not liking what he's doing. Then again he doesn't have many options beside leaving the Euro.
spazzdla
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July 10, 2015, 07:41:57 PM
 #6

What a little bitch!!!

No no no no no no,

WAIT EURO, WE WILL DO ANYTHING ANYTHING OUR BUMS ARE READY BAIL US OUT AT ANY COST!!! WE DON'T NEED LUBE EITHER!!
BillyBones
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July 10, 2015, 08:01:50 PM
 #7

This link isn't working, about Alexis does he made plain U-turn or not, future will tell because he has to find some solutions for the immediate relief for Greek people, it is not bad though if he came up with another proposal to give a hope to stay in Euro zone.
qiwoman2
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July 12, 2015, 07:32:57 AM
 #8

I feel sorry for Prime Minster Tsipras because in all sincerity he tried his best. I think though Varoufakis really messed thing sup for him in the negotiations and the biggest mistake has been made by the Greek people who want to stay in the euro zone and the euro..They should grow some balls and get out and create their own destiny..They created a whole western civilization, they can do it again..
HarHarHar9965
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July 12, 2015, 08:31:38 AM
 #9

I feel sorry for Prime Minster Tsipras because in all sincerity he tried his best. I think though Varoufakis really messed thing sup for him in the negotiations and the biggest mistake has been made by the Greek people who want to stay in the euro zone and the euro..They should grow some balls and get out and create their own destiny..They created a whole western civilization, they can do it again..

They're just too scared to get out there, print their own currency and change things or at least, try! They think the country will collapse once it gets out of euro zone which is also true, because it will have to start from the bottom again. Nobody would come out and be their savior.. We can't blame the prime minister, ofcourse he could do all he can, because his ass is on the line with people chanting his name as their hope  Undecided
Miracal
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July 12, 2015, 11:41:54 AM
 #10


They're just too scared to get out there, print their own currency and change things or at least, try!

A lot of countries have printed them out of debts, that practice had been very similar until it started causing bad, economic destroying inflation. It is a very dangerous thing to do, logically long term speaking. Their fears could be understood, they are in a very vulnerable position to deal with this too.
AtheistAKASaneBrain
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July 12, 2015, 12:06:19 PM
 #11

Like I said, there is no Grexit, Greece will just cope with the measures imposed. They are trying to get like 30% of the debt removed but merkel wasn't happy about doing so. We should find the final outcome of this tonight.
jjacob
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July 12, 2015, 01:40:38 PM
 #12

Like I said, there is no Grexit, Greece will just cope with the measures imposed. They are trying to get like 30% of the debt removed but merkel wasn't happy about doing so. We should find the final outcome of this tonight.

Grexit is something which neither Greece wants or the rest of Europe wants.
The Troika didn't bail out Greece, they bailed out European banks. Now it is difficult to come up with a solution which satisfies everybody.


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Q7
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July 12, 2015, 01:58:19 PM
 #13

Planning is one thing. Committing is another thing. I hope whatever plan laid out is not just another promise made in order to secure the loan. It must be workable and sensible to say the least. looking at its current, i don't know if anything can be done to turn things around. Increasing taxes definitely would not work so i was thinking what options are there left?

botany
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July 13, 2015, 01:28:59 AM
 #14

Planning is one thing. Committing is another thing. I hope whatever plan laid out is not just another promise made in order to secure the loan. It must be workable and sensible to say the least. looking at its current, i don't know if anything can be done to turn things around. Increasing taxes definitely would not work so i was thinking what options are there left?

Greece's financials and its commitment to the promises will be under close scrutiny. If he wants to stay within the Euro-zone, he has to make sure that he sticks to his commitments.
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July 13, 2015, 06:28:21 AM
 #15

There needs to be an independent group of people that will overlook the reforms in Greece. My Father ( who is also Greek) when he was living in Greece a few years back told me of the rampant corruption between local civil servants and the agrarian sector..So the Ministry of corruption has a lot of work ahead of it. Only if Greeks can weed out their own corruption, collect all the tax evaders ..the BIG ONES who took all their black money out and pass them through the judicial system and have a team of Experts overseeing where all the money goes then Greece MAY get out of a crisis, otherwise if it continues down thew same path like under the past two corrupt governments then a Grexit within the next 3 years will be inevitable.. SYRIZA should also collect all the civil servants that are not doing much work and retrain them and put them in the tax area in order to help tighten tax avasion etc..
n2004al
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September 30, 2015, 06:20:03 AM
 #16

This was inevitable. Even the cleanly demagogy of Tsipras cannot impede this. It have no sense to be forgotten the money borrowed to the Greeks. There are no reason to do this. Tsipras must thanks to many times all the European countries which after its dirty behavior (on the one hand was in talking with European countries and on the other declares the referendum inviting his people to reject the agreement for which he was in discussion with them) accepted again to speak with him and to give other money that Greece have the possibility to go ahead and to try to go out from the crisis. Seeing its behavior and the behavior of most of the Greeks I doubt that this can be true in the nearest times. but who knows. Maybe some day in Greece emerge in Grace a fair politician, leader politician which can lead his people without demagogy towards the welfare based in the honest work and not in that with credits and with the money of the others.
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