Forgoten Greece

[Pab]

 Greeks drama continue and EU debt crisis has no end

Greece’s four main banks need to find another €14bn (£10bn) of reserves to ensure they could withstand an economic downturn, the European Central Bank said on Saturday.

http://www.theguardian.com/world/2015/oct/31/greece-banks-14bn-survive-economic-downturn

And know Spain election

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[Raimonn]

Greece is an small problem in europe, there are other countries in europe that are hiding problems in its biggest banks. See this report about the biggest bank of Deutschland. Deutsche Bank has lost 6,6 billions of dollars in third quarter of this year. http://money.cnn.com/2015/10/29/investing/deutsche-bank-job-losses/

And could be more problems on italian, france and spanish banks.

[Mickeyb]

What have we really thought about it, that's going to get better. Greece problem surfaced in 2009. Six years later, it only have gotten worse. How the hell are we thinking that is going to get better in the near future.

EU is swimming in problems and I don't know will they be able to pull themselves out. It's not just Greece. It's also Spain, Italy, Portugal, Ireland that have huge and unsustainable debts.

Also immigration problems with people from Syria are killing EU. I don't know, but it doesn't look good!

[iv4n]

Billions of dollars in profits have been transferred to the elite class off this Greek tragedy (seems like someone always get profit from big tragedys). The Greek drama is not all what we see around the world this days and even if there is some solutions for problems nothing is really happening. Talks from world leaders, other politicians, bankars going nowhere, they just postpone the the final crash of system. There are no good outcome for the Greek people whichever way the government goes on this, but that will reflect on others for sure.

[dothebeats]

What have we really thought about it, that's going to get better. Greece problem surfaced in 2009. Six years later, it only have gotten worse. How the hell are we thinking that is going to get better in the near future.

EU is swimming in problems and I don't know will they be able to pull themselves out. It's not just Greece. It's also Spain, Italy, Portugal, Ireland that have huge and unsustainable debts.

Also immigration problems with people from Syria are killing EU. I don't know, but it doesn't look good!

Well we can't do so much about it. Even if EU banks lend them money, that will just add up to the debt without actually solving some of their growing problem. Also, add the immigration problem to the problems EU is facing, you'll see that Greece's problem wouldn't be taken cared of soon.

[kydranel]

Whats the requirement for foreign aid? isnt it that we have the world bank? us has trillions of debt in world bank but how come smaller countires are having difficulties?.

[dothebeats]

Whats the requirement for foreign aid? isnt it that we have the world bank? us has trillions of debt in world bank but how come smaller countires are having difficulties?.

Smaller countries most of the time have smaller resources to pay off their debts. In the case of USA, they could just print and print money if they wanted to given that the world's reserve currency is USD.

[Harry Hood]

It hasn't been forgotten, it's just not dramatic right now so not worth the media's precious pages.

I wouldn't characterize Greece as a small problem for Europe either. Yes, the nominal numbers are low. But the implications and consequences are very real. Europe should consider itself lucky that this issue has happened with a "fringe" member of the EU (sorry to any Greeks who take offense to my use of the word "fringe" in this context.)

[Amph]

i remember that they have still 3 years to assolve their problem, so their are not a priority anymor,e they have they 80B lended money from EU and that's it, now it's up to them to resolve their mess

[n2004al]

Greeks drama continue and EU debt crisis has no end

Greece’s four main banks need to find another €14bn (£10bn) of reserves to ensure they could withstand an economic downturn, the European Central Bank said on Saturday.

http://www.theguardian.com/world/2015/oct/31/greece-banks-14bn-survive-economic-downturn

And know Spain election

Why forgotten and why must be made other things only for Greece? They had their help even their behavior was not such to allow the help given by the others. Every country has its problems. To many and big problems. Why must be Greece such particular to have such attention and to have several threads here in bitcointalk? My knowledge about Greece told that there the people live normally. Have no restrictions. Have a quite and not bad life. Why must remember even what it is about the banks in Greece. Going in this way it is not strange to see some problems with the trees in Greece or the forests in Greece. To not mention more banal things...

[isvicre]

I think they will somewhat solve this problem in near future.
Do not ever underestimate Greeks. They may be lazy but they know they need to do something about this mess.

[extrobot]

i think this is good for btc
many greek moving to more stable currency, bitcoin, even though bitcoin is still very risky !! better than greek money !

[Mickeyb]

What have we really thought about it, that's going to get better. Greece problem surfaced in 2009. Six years later, it only have gotten worse. How the hell are we thinking that is going to get better in the near future.

EU is swimming in problems and I don't know will they be able to pull themselves out. It's not just Greece. It's also Spain, Italy, Portugal, Ireland that have huge and unsustainable debts.

Also immigration problems with people from Syria are killing EU. I don't know, but it doesn't look good!

Well we can't do so much about it. Even if EU banks lend them money, that will just add up to the debt without actually solving some of their growing problem. Also, add the immigration problem to the problems EU is facing, you'll see that Greece's problem wouldn't be taken cared of soon.

My friend EU doesn't give a s**t about Greece. All they are doing are bailing out their banks (mostly German and French banks). They are actually giving money to themselves and not to the Greek people.

First bail out in 2009-2010, 90% of all the funds given to Greece by the EU has gone to the EU banks bailout!

[Denker]

I think they will somewhat solve this problem in near future.
Do not ever underestimate Greeks. They may be lazy but they know they need to do something about this mess.

This is said since so many years.Nothing will change.It's just all a big mess.And the ones who have to suffer are as always the normal people while thr damn elite is just laughing and on't give a fuck!

[n2004al]

What have we really thought about it, that's going to get better. Greece problem surfaced in 2009. Six years later, it only have gotten worse. How the hell are we thinking that is going to get better in the near future.

EU is swimming in problems and I don't know will they be able to pull themselves out. It's not just Greece. It's also Spain, Italy, Portugal, Ireland that have huge and unsustainable debts.

Also immigration problems with people from Syria are killing EU. I don't know, but it doesn't look good!

Well we can't do so much about it. Even if EU banks lend them money, that will just add up to the debt without actually solving some of their growing problem. Also, add the immigration problem to the problems EU is facing, you'll see that Greece's problem wouldn't be taken cared of soon.

My friend EU doesn't give a s**t about Greece. All they are doing are bailing out their banks (mostly German and French banks). They are actually giving money to themselves and not to the Greek people.

First bail out in 2009-2010, 90% of all the funds given to Greece by the EU has gone to the EU banks bailout!

So it will be right if the money of the others go to the Greeks and not to their owners. After all the money given to Greece to create their welfare, must go in crisis all the banks who borrowed money to them. Only the Greeks must not be touched. All the others people who worked to give money to the Greeks must see their banks bankrupted and their money on those lost. No matter what the reason of all this mess are the Greeks. All this only that Greeks continue to have 14 salaries in one year and go in retirement at 57 years. Because no one thing of the wealth of the Greeks created with the money of the others must be touched. Even if such kind of wealth don't exist in any of the countries who gave money to the Greeks. In few words all the others who worked and produced the money given to the Greeks lets go in hell or lets go fired. Important are the Greeks. The glorious and the chosen Greeks people.

[randy8777]

I think they will somewhat solve this problem in near future.
Do not ever underestimate Greeks. They may be lazy but they know they need to do something about this mess.

This is said since so many years.Nothing will change.It's just all a big mess.And the ones who have to suffer are as always the normal people while thr damn elite is just laughing and on't give a fuck!

the elite are too powerful, which basically means nothing will change the comming 10-20 years. the only thing you can do is save as much as you can and store a large part of it in bitcoin.

[NorrisK]

I guess it is just not news at the moment. Once they get in trouble with payments again, well see a surge again.

At the moment the Syrians take up all the news space.

[bitrev]

Greece will get more EU funding with the refugee problem, which is really a big burden for the EU.

As long they keep reforms going on (which the EU is demanding before giving them more funds), eventually greece will be come solvent again.

[jt byte]

i think this is good for btc
many greek moving to more stable currency, bitcoin, even though bitcoin is still very risky !! better than greek money !

Well good and bad at the same time,
Because to move to bitcoin they should have money which generally take from banks.
And banks has frozen/limited their clients in greece, but in general it is good if they really started moving to bitcoin.

[eternalgloom]

Any idea on how they are planning to tackle the wide spread tax evasion?
To me it seems like their current tax laws are a bureaucratic mess and highly inefficient.