Users Online Now:
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Luisport:MV8xODY4OTU4XzMxMTc2MDIxX0I3OEYyMTVD] No Deal In Greece, Euro And Markets Everywhere DIVE, Here Come Elections The anti-bailout Kammenos has announced that there is no deal on a new Greek unity government, according to Bloomberg. Venizelos has confirmed that Greece is heading for new elections. This followed last-ditch talks between President Karolos Papaoulias and most of the leaders of political parties that earned seats in the country's contentious parliamentary elections on May 6. Analysts were right not to be hopeful that New Democracy's Antonis Samaras, Independent Greeks' Panos Kammenos, PASOK's Evangelos Venizelos, Democratic Left's Fotis Kouvelis, and Syriza's Alexis Tsipras would reach an agreement. The euro is tanking on that news, and has now fallen under $1.28 for the first time since January 18. The Italian FTSE MIB and Spanish IBEX 35 also fell nearly 1 percent right after Greek leaders came out with that news. U.S. futures are also off sharply, though they still point to a positive open. The Athens Stock Exchange composite has also fallen off a cliff since those headlines broke, now off 3 percent. The failure to compromise on a government to lead Greece through the passage new austerity measures that will be necessary to secure the disbursement of the next round of international bailout underscores the political difficulties Greece is facing right now. While a majority of Greeks still want to stay in the euro, they are no longer willing to submit to austerity measures imposed by their European counterparts. Without a government, Greeks will have to return to the polls next month, likely on June 17. So far, it is unclear how their vote will change. In other news, various news sources reported earlier today that Greece has acquiesced to paying the full value of a €450 million bond denominated in U.K. law which matures today, despite a handful of earlier questions as to whether or not it would come through with the payment. That decision, though largely expected, signals Greece's willingness to abide by market rules. It is also a fall-out of agreements made in March to go through with a managed debt restructuring, where the majority of bondholders have agreed to voluntary rather than completely coerced write downs. Last but not least, The Jewish Chronicle reports that Nikolaos Mihaloliakos, the leader of the neo-fascist Golden Dawn Party which won 21 seats in the most recent Greek election, told reporters on Sunday that he did not believe that six million jewish people were killed in the gas chambers during the Holocaust. He called the number an "exaggeration" and denied that the gas chambers existed. Mihaloliakos and his party were not invited to take part in discussions with other party leaders today. Read more: http://www.businessinsider.com/live-another-big-day-in-greece-2012-5#ixzz1uweILSzR [/quote]
3 min Theodora Oikonomides‏@IrateGreek
#Greece Army has ordered a sudden, real-time preparedness exercise of Rapid Response force on a remote island, via @doleross #rbnews
link to twitter.com
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Obamacare Hardship Exemption Offered to Offset Hardship Caused by…Obamacare
(VIDEO) MSNBC Host Says “SANTA ‘COULD BE TRANSGENDER”
Convention of States: We Can Rein in the Federal Government
Science Focues on Body’s Own ‘Inner Light’ as the Ultimate Healer
Druids celebrate winter solstice at Stonehenge
House Introduces Bill to Prevent Military Pension Cuts
Recession in 2014: “The Government Will Not Be Able to Save the Economy”
Map: Areas Of Probable Power System Collapse: “130 Million Lacking Power For Several Years”
The truth about Education – A Truth We have to Accept
Obama Sends Openly Homosexual Delegation to Russian Olympic Games – Advances Communist Goal #26
U.S. Air Force plans to add 1,000 new cybersecurity personnel
'Green Bullets' Overtaking Lead Thanks to EPA, State Regs, Military
Autism and Vitamin D
Meteor Slams Moon, Creates 59-Foot-Wide Crater
Scientists Manufacture Biofuel from Algae in Minutes
An Inside Look at Sustainable Farming in America
Plant some flowers the macho way: from the end of a shotgun
Scientists looking closer at what happens when body dies...
First foreign-owned toll road hits Dallas!
You'll Never Guess Where This FBI Agent Left a Secret Interrogation Manual
Magic Mushrooms Repair PTSD?
OH Bill Would Require Parents to Undergo State Investigation Before Homeschooling
9/11 Families 'Ecstatic' They Can Finally Sue Saudi Arabia
Experts Fear Nuclear Famine: “A Disaster So Massive in Scale that No Preparation is Possible”
Supreme Court to make landmark ruling on prostitution
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2014 Godlikeproductions.com
Page generated in 0.004s (3 queries)