Forums Forums General Forums A - Z Lifestyle What's Going to Happen in Greece ?

Anyone any ideas what might happen with Greece ? Nobody seems to have any idea how it's going to impact.
With every sympathy for the Greek people, the Greek banks haven't got much left and many of the Greeks are virtually dead on the streets.


Should they say YES or NO ?

It wouldn't be surprising if the vote is NO, Tsipras will go to Mr Putin for financial support. That's just a thought and possibly ridiculous. No doubt someone will put that theory to bed .

Not so ridiculous granny, its very smart if you look at it, Communist money and influence in Greece if the threat was realised, Putin sabre rattling, its something that Europe doesn't want to happen, there are talks now to retain some of the remainder of the BOAR in Germany, I think it may be a threat but who knows? desperate people desperate times, I hope things work out for them, at least they are making a stand against the banks.

Casper; do you mean BAOR? if so, I didn't know it still existed.
Granny; I think that the idea of a tie-up between Tsipras and Putin is a real possibility.

There's a warning headline in the financial Post today;

Greek Prime Minister Alexis Tsipras learning EU’s No. 1 rule: Don’t mess with Angela Merkel..

These are possibly some of the truest of words written!

Yes Chris your right BAOR it is, it doesn't exist as such but we still have a presence there, Putin is a dangerous man, Stalinist Russia was as bad if not worse than the Nazis, and I think there still remains a hard core who would wish for the old days.

A global economy run by our American/Israeli friends could be a very cold place in the long run for Greece.No such thing as a free lunch and Putin will want his pound of flesh.Greece needs to realize like ourselves, you can,t eat high off the hog unless you pay the man.Staying in is the real deal and I think they will.

The Greeks told porkies about their fincances to get into the Euro. They consider it a duty to evade tax. They're better off leaving the euro and taking the hit for a while and get themselves back on song with the drachma, it'll be painful but at least they'll be taking the hit and not us. They're blackmailing Europe with the threat to go over to the East. Tspiras was the only one laughing his head off coming out of meetings, that must tell someone something. By the way, I like the Greeks, it's their polititians that are shoit. As an afterhought, they don't go around on donkies any more,they drive BMW's and Mercs, just a thought.

The great sacking of Greece.

Whilst the Greek Governments have been a party to its own downfall the other organisations have not only been a party to what has happened, they actively encouraged it and none can plead ignorance to exactly what was happening.

Goldman Sachs
JPMorgan Chase
The International Monetary Fund (IMF)
The European Central Bank (ECB)
The European Commission (EU)

I see Europe using a smaller country as an example of how it can flex its muscles or more importantly Germany controlling a lot of the shots. Merkel is merely the Chancellor or Germany - how many other Chancellors do you see controlling other European nations?

Its hard to believe that in 2014 Greece was the fastest growing economy in Europe and unlike others was out of recession - and then.....

This might be something to do with Greek imports, Greece's biggest imports were from Germany (2008) - but then Russia became the biggest importer (2012), mainly due to reduce imports from Germany and Italy, those imports nearly halving.

My knowledge of their imports and exports was probably nil, apart than knowing that Germany exports more to Greece than the other way around.

This site is informative and I wonder if the 'oil' is also a significant factor as to why they were allowed to join and why the game playing continues.

http://www.worldsrichestcountries.com/top_greece_exports.html

And Europe also imports more to the UK than we export to them, it's a giant Ponzy scheme but it's the best we've got. I'd rather do it the way it is than do it the pinko way. All on the same wages my arris.

My thoughts are they leave and set up a closed currency which they can control or they need to get in to bed with someone else, Russia or China maybe? They can't just continue this borrow mentality, they have so much debt for a nation of 11m people repayment is impossible and would last forever!

Europe say OXI

Williamson Square, Liverpool. 12.30pm tomorrow.

Bllx

Dear Dawn,

The people of Greece are at the forefront of a fight for a world in which people come before profit.

Greece has been a victim of some of the most brutal austerity of modern times, suffering mass unemployment, rocketing suicide rates, murder, HIV infection, depression, drug use, and homelessness. Greece’s health system is being dismantled while food banks are proliferating.

Will you stand with Greece’s people today?

What’s worse is that this suffering was avoidable. On Monday, Nobel laureate Joseph Stiglitz said:

“I can think of no depression, ever, that has been so deliberate and had such catastrophic consequences” (1)

Like so many Southern countries before it, Greece’s people have been forced into a programme of austerity and privatisation in the name of ‘repaying a debt’.

But the debt is not being repaid by those who created it. Greece’s ‘bailout’ flowed straight into the European banks that caused the crisis as I explained on Radio 4’s Moral Maze (2). They never reached Greece’s people, and so it’s no wonder that Greece’s debt burden has not fallen but sky rocketed.

That’s why Greece’s government is challenging the brutal austerity which is being pushed on them. It is opening up the economy to democratic oversight and participation. It has called a referendum this Sunday on whether or not to accept a deeper austerity package being pushed by its ‘creditors’, a move which has been welcome by a UN independent human rights expert (3).

But this has infuriated European officials, politicians and the media, who are now working to undermine the government and destabilise Greece.

Stand with the Greek people and join over 25,000 others

What is Greece’s alternative? Greece’s parliament has set up a debt audit, to look at who is really responsible for the country’s debt and to try to bring to justice those who acted in bad faith. They are proposing radical changes to the tax system to make it fairer and to clamp down on corruption. And they are asking for large-scale debt cancellation, such as Germany received after the Second World War, when it was told that recovery was the most important priority.

These are not ‘extreme’ policies. But European and Greek elites are now trying to scare Greece’s people into voting for more austerity.

We want to send a message of support and hope to Greece’s people. Will you stand with the people of Greece against the policies of austerity?

This is not just about Greece. if we want to live in a world where people’s rights are put before the interests of the banks, where debt crises can never again be used to further impoverish the poorest, where ordinary people have more democratic control over their economy, we need to stand with Greece.

Help us create a fairer world. Stand with Greece.

Best wishes,

Nick Dearden
Director, Global Justice Now

(1) http://www.project-syndicate.org/co...a-eurozone-by-joseph-e--stiglitz-2015-06
(2) http://www.bbc.co.uk/programmes/b0608nlb
(3) The UN independent expert's quote: “All human rights institutions and mechanisms should welcome the Greek referendum as an eloquent expression of … self-determination”