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BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed

 
MEGA DOOM
User ID: 1240506
Germany
01/23/2011 03:48 PM
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BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
[link to www.spiegel.de]

[link to www.faz.net]

siren2

I'm already trying to find an english source!

It's over folks... Greece is de facto BANKRUPT scream

Anonymous Coward
User ID: 1035843
Austria
01/23/2011 03:49 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
[link to www.spiegel.de]

[link to www.faz.net]

siren2

I'm already trying to find an english source!

It's over folks... Greece is de facto BANKRUPT scream


 Quoting: MEGA DOOM 1240506


Well done Greece! Only you would suck the EU dry , get a bailout and still fail!

Nice one!
Anonymous Coward (OP)
User ID: 1240506
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01/23/2011 03:50 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
Well done Greece! Only you would suck the EU dry , get a bailout and still fail!

Nice one!
 Quoting: Anonymous Coward 1035843


Anonymous Coward
User ID: 1240632
United States
01/23/2011 03:51 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
bump for link in English.
Ex-AFOSI

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01/23/2011 03:52 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
 Quoting: MEGA DOOM 1240506


Does the EU have a legal mechanism to allow that? Or are the Germans just going to take it up the ass again?
Anonymous Coward
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Netherlands
01/23/2011 03:53 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
...

Well done Greece! Only you would suck the EU dry , get a bailout and still fail!

Nice one!
 Quoting: Anonymous Coward 1035843

If the Greece goes bankrupt, I wonder whether they will be kicked out of the Eurozone and/or the EU.
Anonymous Coward
User ID: 1179078
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01/23/2011 03:53 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
yea, as if it isn't planned.

just a little test-run before it hits the USA.
Anonymous Coward (OP)
User ID: 1240506
Germany
01/23/2011 03:53 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
bump for link in English.
 Quoting: Anonymous Coward 1240632


here we go:

[link to www.focus-fen.net]

Brussels:
According to EU sources in the European capitals it is already running the preparation on Greece to declare bankruptcy, German newspaper Suddeutsche Zeitung announced.
Various options for action are been considering. One option under consideration is banks "voluntarily" to simplify part of the obligations of Athens, according to sources.
Meanwhile, the Ministry of Finance denied preparing an emergency plan for Greece.
Anonymous Coward
User ID: 1206172
Norway
01/23/2011 03:54 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
utter bsflag bsflag
Anonymous Coward
User ID: 1240794
Canada
01/23/2011 03:55 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
And so it begins...
Anonymous Coward
User ID: 1035843
Austria
01/23/2011 03:55 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
utter bsflag bsflag
 Quoting: Anonymous Coward 1206172


Lol Mister " I will not join EU " Norway is here.!

s226
Ex-AFOSI

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United States
01/23/2011 03:55 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
Integration at any price, right Germany?
Anonymous Coward (OP)
User ID: 1240506
Germany
01/23/2011 03:56 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
utter bsflag bsflag
 Quoting: Anonymous Coward 1206172


shill
Anonymous Coward
User ID: 1206172
Norway
01/23/2011 04:01 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
absolute horseshit, more fearmongering propaganda, greece will be fine pump2
Anonymous Coward (OP)
User ID: 1240506
Germany
01/23/2011 04:03 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
greece will be fine
 Quoting: Anonymous Coward 1206172


cruise

Viking FAIL
Anonymous Coward
User ID: 1240362
United States
01/23/2011 04:03 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
If this is true gold will most likely jump



at the open!
Anonymous Coward
User ID: 1007391
United States
01/23/2011 04:05 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
absolute horseshit, more fearmongering propaganda, greece will be fine pump2
 Quoting: Anonymous Coward 1206172
Anonymous Coward
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United States
01/23/2011 04:05 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
This combined with Ireland and the withdrawing coalition and Europe is still mired in PIIGS debt.

pigchef
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Netherlands
01/23/2011 04:05 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
...
Does the EU have a legal mechanism to allow that? Or are the Germans just going to take it up the ass again?
 Quoting: Ex-AFOSI

We already had a treaty that members within the Eurozone only can have a certain amount of budget deficit and national debt, respectively 3% and 60% of GDP, called the stability pact. But some countries didn't respect the treaty (Greece intentionally falsified their financial accounts for years) or had greater ratios due to mismanagement and the financial crisis in 2008.

Pretty sure the people in the richer countries, and that respected the pact, have problems paying for the financial gap that some countries now have.

How can you tell a German or Dutch that they have to pay for the mismanagement of the Greeks - while the German and Dutch are facing financial cuts themselves because of 2008 financial crisis.
Anonymous Coward
User ID: 1136725
United States
01/23/2011 04:08 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
If this is true gold will most likely jump



at the open!
 Quoting: Once4All

No it will crash along with global markets sending the dollar thru the roof temporarily...
Anonymous Coward
User ID: 1229502
Canada
01/23/2011 04:39 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
This came along "poof" out of no where?

What happened after the bail out to push Greece over the edge again?

Was the bailout not delivered?

Was the bailout money diverted and stolen?
Anonymous Coward
User ID: 961432
United States
01/23/2011 04:41 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
This came along "poof" out of no where?

What happened after the bail out to push Greece over the edge again?

Was the bailout not delivered?

Was the bailout money diverted and stolen?
 Quoting: Anonymous Coward 1229502


I thought China had this all under control, or maybe they were thrown under the bus by the underwriter, ummm Goldman Sachs?
Anonymous Coward
User ID: 1229502
Canada
01/23/2011 04:49 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
This came along "poof" out of no where?

What happened after the bail out to push Greece over the edge again?

Was the bailout not delivered?

Was the bailout money diverted and stolen?
 Quoting: Anonymous Coward 1229502


I thought China had this all under control, or maybe they were thrown under the bus by the underwriter, ummm Goldman Sachs?
 Quoting: Anonymous Coward 961432

It just seems that something is not right about this.

I haven't got a clue what is wrong, but something stinks about this.

I had heard that China might have their finger in the pie too.
Anonymous Coward
User ID: 1081433
United States
01/23/2011 04:49 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
This combined with Ireland and the withdrawing coalition and Europe is still mired in PIIGS debt.

pigchef
 Quoting: Anonymous Coward 961432

Pat Buchanan stated this on the McLaughlin group two weeks ago.

greece.....
Ireland.....

the Euro

the dollar.

This Year.
damned
[•REC]

User ID: 714968
United Kingdom
01/23/2011 04:53 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
Oh shit..
When there's no more room in hell, the dead will walk the earth.

Repent! The End Is Extremely F***ing Nigh.
ºEATº

User ID: 1097642
Canada
01/23/2011 04:57 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
Mods. Pin this.

1. Greece
2. Mexico
3. USA

First comes Greece. 2 weeks later, Mexico. Then shortly after... the USA.
Coffee in the morning. Tea in the afternoon.
Ex-AFOSI

User ID: 1023520
United States
01/23/2011 05:02 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
Mods. Pin this.

1. Greece
2. Mexico
3. USA

First comes Greece. 2 weeks later, Mexico. Then shortly after... the USA.
 Quoting: ºEATº


In other words,

1. Japan
2. Australia
3. China
Anonymous Coward
User ID: 1222454
Italy
01/23/2011 05:05 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
...
Does the EU have a legal mechanism to allow that? Or are the Germans just going to take it up the ass again?
 Quoting: Ex-AFOSI

We already had a treaty that members within the Eurozone only can have a certain amount of budget deficit and national debt, respectively 3% and 60% of GDP, called the stability pact. But some countries didn't respect the treaty (Greece intentionally falsified their financial accounts for years) or had greater ratios due to mismanagement and the financial crisis in 2008.

Pretty sure the people in the richer countries, and that respected the pact, have problems paying for the financial gap that some countries now have.

How can you tell a German or Dutch that they have to pay for the mismanagement of the Greeks - while the German and Dutch are facing financial cuts themselves because of 2008 financial crisis.
 Quoting: Anonymous Coward 333904


Greece falsified their account for years? Really? Well face it...all the countries in Europe falsified their financial statements and moreover there are other countries in Europe that had the same loan by Goldman

How can you say to a greek that they have been bankrupt because their government has been push to buy billions of armaments from Germany, selling all their assets to the financial mafia, etc etc

Greece has been bullied since the end of the war by Germany, France and US... Germans corporation have actually manipulated 50 years of Greek history not allowing to produce anything.

Not saying greeks have not to be blamed but at least there is not a chance Germany can do the righteous about anything

Greece has been attacked economically has happened before to other countries...they trash you on the media, they get the hype,they underrated you and then they buy you for cheap.

EU has been made at Germany image...when the 90% of the countries will never have a similar economy... So please be at least realistic.
Anonymous Coward
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Italy
01/23/2011 05:09 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
we can go all to hell... but before the fall of the Euro...the dollar must to fall!!

how a piece of toilet paper as the dollar can still be traded is unthinkable

they have been printing more money every week that crafting toilet paper for 300 millions americans
Ex-AFOSI

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United States
01/23/2011 05:11 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
The Greeks hate to pay taxes, but their Government loves to spend. Something fundamentally incompatible there...
Anonymous Coward
User ID: 868423
Canada
01/23/2011 05:16 PM
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Re: BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed
The Greeks hate to pay taxes, but their Government loves to spend. Something fundamentally incompatible there...
 Quoting: Ex-AFOSI

bit more to it than just that. thats part of it definetly but the meddling that has happened over 50 years by the germans has taken its toll. US has done the same type of thing worldwide.





GLP