BRKG: Greece is preparing for national bankruptcy -- EU rescue package has failed | |
Anonymous Coward User ID: 1035843 Austria 01/23/2011 03:49 PM Report Abusive Post Report Copyright Violation | [link to www.spiegel.de] Quoting: MEGA DOOM 1240506[link to www.faz.net] I'm already trying to find an english source! It's over folks... Greece is de facto BANKRUPT Well done Greece! Only you would suck the EU dry , get a bailout and still fail! Nice one! |
Anonymous Coward (OP) User ID: 1240506 Germany 01/23/2011 03:50 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1240632 United States 01/23/2011 03:51 PM Report Abusive Post Report Copyright Violation | |
Ex-AFOSI User ID: 1023520 United States 01/23/2011 03:52 PM Report Abusive Post Report Copyright Violation | 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 User ID: 333904 Netherlands 01/23/2011 03:53 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 1035843Well done Greece! Only you would suck the EU dry , get a bailout and still fail! Nice one! 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 United States 01/23/2011 03:53 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 1240506 Germany 01/23/2011 03:53 PM Report Abusive Post Report Copyright Violation | bump for link in English. Quoting: Anonymous Coward 1240632here 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. |
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Anonymous Coward User ID: 1035843 Austria 01/23/2011 03:55 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward (OP) User ID: 1240506 Germany 01/23/2011 03:56 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward (OP) User ID: 1240506 Germany 01/23/2011 04:03 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 333904 Netherlands 01/23/2011 04:05 PM Report Abusive Post Report Copyright Violation | ... Quoting: Ex-AFOSIDoes the EU have a legal mechanism to allow that? Or are the Germans just going to take it up the ass again? 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 Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 961432 United States 01/23/2011 04:41 PM Report Abusive Post Report Copyright Violation | This came along "poof" out of no where? Quoting: Anonymous Coward 1229502What happened after the bail out to push Greece over the edge again? Was the bailout not delivered? Was the bailout money diverted and stolen? 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 Report Abusive Post Report Copyright Violation | This came along "poof" out of no where? Quoting: Anonymous Coward 1229502What happened after the bail out to push Greece over the edge again? Was the bailout not delivered? Was the bailout money diverted and stolen? I thought China had this all under control, or maybe they were thrown under the bus by the underwriter, ummm Goldman Sachs? 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 Report Abusive Post Report Copyright Violation | This combined with Ireland and the withdrawing coalition and Europe is still mired in PIIGS debt. Quoting: Anonymous Coward 961432Pat Buchanan stated this on the McLaughlin group two weeks ago. greece..... Ireland..... the Euro the dollar. This Year. |
[•REC] User ID: 714968 United Kingdom 01/23/2011 04:53 PM Report Abusive Post Report Copyright Violation | |
ºEATº User ID: 1097642 Canada 01/23/2011 04:57 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 1222454 Italy 01/23/2011 05:05 PM Report Abusive Post Report Copyright Violation | ... Quoting: Ex-AFOSIDoes the EU have a legal mechanism to allow that? Or are the Germans just going to take it up the ass again? 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. 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 User ID: 1222454 Italy 01/23/2011 05:09 PM Report Abusive Post Report Copyright Violation | 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 User ID: 1023520 United States 01/23/2011 05:11 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 868423 Canada 01/23/2011 05:16 PM Report Abusive Post Report Copyright Violation | The Greeks hate to pay taxes, but their Government loves to spend. Something fundamentally incompatible there... Quoting: Ex-AFOSIbit 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. |