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04:56 PM
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Greece: Critical austerity vote amid protests, Supreme Court: New measures are unconstitutional!! Riots started!
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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:Anonymous Coward 27223275:MV8yMDQyNTAxXzM0MzI1MjEzXzFCNTc5MTg=] [quote:insertfunnyusername:MV8yMDQyNTAxXzM0MzI1MTE1X0VBOTA2Mjc0] [quote:subzero86:MV8yMDQyNTAxXzM0MzI0ODE5XzU0NEI3MkI1] [quote:insertfunnyusername:MV8yMDQyNTAxXzM0MzI0NzMyX0ZBRjM4RTgy] I think that now that elections are over we'll start seeing the first domino's falling. Troika report coming is super-doom, not much have been done regarding reforms by the political system here, they were negotiating the new terms for 5 months now, don't think that anything can stop it from now on, only thing in question is if the collapse will be a controlled one or not. [/quote] I'm not much of an economics guru, can you elaborate on what exactly is the difference between a controlled collapse and an uncontrolled one ?!:tomato: [/quote] The PSI and haircut on the Greek debt was considered a credit event and an orderly default. The disorderly default will be a default that no safety mechanisms measures will be in place that could lead to the cds triggering and the domino effect. Compare it with a controlled demolition of a building vs an uncontrolled one. [/quote] OK I see, it's all about those damn CDSes ! If they ever allow those to trigger it's bye bye Europe ! [/quote]
Original Message
Multi-bill approved at committee level, MPs to vote on measures at midnight
[
link to www.ekathimerini.com
]
Supreme Court of Greece: New measures are unconstitutional
[
link to translate.google.gr
]
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