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GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!

 
insertfunnyusername

User ID: 28110335
Greece
11/29/2012 08:49 AM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Govt coalition will reject Syriza proposal for a committee on Memorandum.
Quel surprise huh?
[link to translate.google.gr]

ECB Wins Ruling to Deny Access to Secret Greek Swap Files
Quel surprise mk.2
[link to www.bloomberg.com]

Bankers set to oppose buyback plan
[link to www.ekathimerini.com]

Moodys: Greek debt unsustainable despite deal
[link to english.capital.gr]

Housing market contracting at alarming rate
[link to www.ekathimerini.com]

Deposits at Greek banks continue to grow
[link to www.ekathimerini.com]

Court acquits unionists over German envoy attack
[link to www.ekathimerini.com]

Last Edited by insertfunnyusername on 11/29/2012 08:50 AM
Anonymous Coward
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Germany
11/29/2012 11:58 AM
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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Btw, the most likely conversion would be 1:1 initially. Then the drachma, lira, peseta, etc. would rapidly depreciate.

The devaluation, however, would make it easier to create jobs.

Devaluation alone won´t solve the problem. Would just give some respite. But the current combination of structural problems and hard currency is lethal.
 Quoting: Anonymous Coward 28660470


The problem with depreciation of local currency is debt in foreign currency. Similar to what happened in Mx in 1994/5. One way out is to organize debter Unions, to negotiate with banks as a group. Otherwise you're screwed if you have to face them alone...
 Quoting: Anonymous Coward 28671712


Yes. The debt is a problem either way. But what they are doing now is just making the debt larger and the tax revenue smaller. It´s no solution. If anything, it´s just a way to trick them into losing sovereignty.
Anonymous Coward
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Germany
11/29/2012 12:00 PM
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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
I didn´t know about the CDS´s... somehow, I am not too surprised.

From what I read, Germany is making contingency plans in case Greece should leave the euro. But they might gain, in exchange, even more control. It´s kind of difficult to imagine they´ll just give up on the project.

Did you hear Farage?

[link to www.youtube.com]

Hard to be optimistic about the future of this continent.
 Quoting: Anonymous Coward 28660470


Yes, prosecutor found him guilty, but remains to be seen if justice will be served. He also found guilty the finance minister at that time who falsified the deficit so they can push Greece to IMF, from 7% they falsified to 15%, some say it was as low as 4%. chuckle

With the last memorandum voted, Germany has complete control of this country on every political and administration level imaginable. Some things they are planing for various Greek regions with Turks and muslims will bring a massive social outrage when they'll make the big news, for now only people in the know and conspiracytards know them.

Farage is a great lad.rockon
 Quoting: insertfunnyusername


I haven´t read anything about this. Doesn´t look promising...

And the trackrecord isn´t good either!
 Quoting: Anonymous Coward 28660470


Yep, they even want to bring cheap labor 50-60 thousand Turks from Turkey to work in special economic zones while 1+ million Greeks are unemployed. Not to mention that they will change the demographics in a very delicate for us region in the border where 100 thousand Turks live already. And our track record with the Turks is not great either. Doesn't look good indeed.
 Quoting: insertfunnyusername


Amazing. It´s pretty obvious it will cause serious problems.
insertfunnyusername

User ID: 28110335
Greece
11/29/2012 12:08 PM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Amazing. It´s pretty obvious it will cause serious problems.
 Quoting: Anonymous Coward 28717441


It's getting a bit of attention by the media lately here too, citizens in Thrace are pissed off too now that they know they want to turn the region in to a EU/muslim protectorate, the special economic zone is actually the first step for a future Kosovo scenario in Greek Thrace, coz these zones will be governed completely by the EU and not by the Greek state, and by bringing more Turks and muslims in there doesn't look too good for Greece and the Greeks living there. Just hope we get out of the EU soon tbh with you, we can dismember ourselves if we want to after the Grexit, but for sure we won't hand ourselves over to the Turks the easy way EU is selling us out now.
Anonymous Coward
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Germany
11/29/2012 12:52 PM
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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Amazing. It´s pretty obvious it will cause serious problems.
 Quoting: Anonymous Coward 28717441


It's getting a bit of attention by the media lately here too, citizens in Thrace are pissed off too now that they know they want to turn the region in to a EU/muslim protectorate, the special economic zone is actually the first step for a future Kosovo scenario in Greek Thrace, coz these zones will be governed completely by the EU and not by the Greek state, and by bringing more Turks and muslims in there doesn't look too good for Greece and the Greeks living there. Just hope we get out of the EU soon tbh with you, we can dismember ourselves if we want to after the Grexit, but for sure we won't hand ourselves over to the Turks the easy way EU is selling us out now.
 Quoting: insertfunnyusername


Frightening.

Btw, what happens in Greece very likely will happen everywhere else.

Do you see a concrete possibility that Greece could leave the EU altogether (not just the euro)? Who would lead Greece to that?
insertfunnyusername

User ID: 28110335
Greece
11/29/2012 01:07 PM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Amazing. It´s pretty obvious it will cause serious problems.
 Quoting: Anonymous Coward 28717441


It's getting a bit of attention by the media lately here too, citizens in Thrace are pissed off too now that they know they want to turn the region in to a EU/muslim protectorate, the special economic zone is actually the first step for a future Kosovo scenario in Greek Thrace, coz these zones will be governed completely by the EU and not by the Greek state, and by bringing more Turks and muslims in there doesn't look too good for Greece and the Greeks living there. Just hope we get out of the EU soon tbh with you, we can dismember ourselves if we want to after the Grexit, but for sure we won't hand ourselves over to the Turks the easy way EU is selling us out now.
 Quoting: insertfunnyusername


Frightening.

Btw, what happens in Greece very likely will happen everywhere else.

Do you see a concrete possibility that Greece could leave the EU altogether (not just the euro)? Who would lead Greece to that?
 Quoting: Anonymous Coward 28717441


Everywhere else would be really frightening too, we're already starting to see secession movements in other parts of Europe too like Spain, Scotland, Belgium etc. It's like they decided that everything must be settled now for some reason.

Euro exit i think it's dead on, it will happen when they'll be ready to pull the economy plug, but EU exit altogether i don't know, it smells trouble and it won't be peaceful process for sure, Greece is not in the west Europe where past rivalries are forgotten by now, all of our neighbors would gladly have a piece of us, so EU exit would be a very big decision. It could happen in some years though if Greece moves more to the east than the west under Russian/Chinese side of influence for example. I don't see any politician who can lead Greece to something right now, all of them are puppets and serve the interests of their masters, other the German/EU ones and other the American ones. It would be great if someone stepped up and starting do things for the good of the Greek people, but no one is here for now.

Last Edited by insertfunnyusername on 11/29/2012 01:08 PM
insertfunnyusername

User ID: 28110335
Greece
11/29/2012 01:47 PM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Third memorandum would be comprised by 12 memorandums, Greece has to accept (or already accepted?) the term Macedonia-Skopje for FYROM too to get the tranche. blink
[link to translate.google.gr]

New 25BN worth of austerity measures in March? sideways
[link to translate.google.gr]



hang'em 5a

Last Edited by insertfunnyusername on 11/29/2012 01:50 PM
Anonymous Coward
User ID: 28727454
Germany
11/29/2012 02:58 PM
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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Amazing. It´s pretty obvious it will cause serious problems.
 Quoting: Anonymous Coward 28717441


It's getting a bit of attention by the media lately here too, citizens in Thrace are pissed off too now that they know they want to turn the region in to a EU/muslim protectorate, the special economic zone is actually the first step for a future Kosovo scenario in Greek Thrace, coz these zones will be governed completely by the EU and not by the Greek state, and by bringing more Turks and muslims in there doesn't look too good for Greece and the Greeks living there. Just hope we get out of the EU soon tbh with you, we can dismember ourselves if we want to after the Grexit, but for sure we won't hand ourselves over to the Turks the easy way EU is selling us out now.
 Quoting: insertfunnyusername


Frightening.

Btw, what happens in Greece very likely will happen everywhere else.

Do you see a concrete possibility that Greece could leave the EU altogether (not just the euro)? Who would lead Greece to that?
 Quoting: Anonymous Coward 28717441


Everywhere else would be really frightening too, we're already starting to see secession movements in other parts of Europe too like Spain, Scotland, Belgium etc. It's like they decided that everything must be settled now for some reason.

Euro exit i think it's dead on, it will happen when they'll be ready to pull the economy plug, but EU exit altogether i don't know, it smells trouble and it won't be peaceful process for sure, Greece is not in the west Europe where past rivalries are forgotten by now, all of our neighbors would gladly have a piece of us, so EU exit would be a very big decision. It could happen in some years though if Greece moves more to the east than the west under Russian/Chinese side of influence for example. I don't see any politician who can lead Greece to something right now, all of them are puppets and serve the interests of their masters, other the German/EU ones and other the American ones. It would be great if someone stepped up and starting do things for the good of the Greek people, but no one is here for now.
 Quoting: insertfunnyusername



Thanks for your insights! That´s my impression too.
insertfunnyusername

User ID: 28110335
Greece
11/29/2012 03:01 PM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Thanks for your insights! That´s my impression too.
 Quoting: Anonymous Coward 28727454


My pleasure buddy, thnx for the chat. cheers
Luisport (OP)

User ID: 28770103
Portugal
11/30/2012 07:23 AM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
zerohedge‏@zerohedge

Today's Euro data misses: German & Greek retail sales, Italy unemployment; Italy, Spain and Eurozone CPI, Swiss KOF Leading Indicator
insertfunnyusername

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Greece
11/30/2012 08:21 AM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
German Parliament Approves Revised Bill on Greece Aid
[link to www.bloomberg.com]

Cyprus bailout eyes up to 10 billion euros for banks: central bank
[link to www.chicagotribune.com]

Two secret US telegrams had warned Greece about the memorandum, the German factor and the disagreements IMF had in 2010 about the memorandum
[link to translate.google.gr]
insertfunnyusername

User ID: 28750763
Greece
11/30/2012 01:37 PM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Ex-pm Papandreou: Concession of national sovereignty isn't wrong, as we take the next steps towards European integration
[link to translate.google.gr]

damned



Idol1

Last Edited by insertfunnyusername on 11/30/2012 01:38 PM
insertfunnyusername

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Greece
11/30/2012 01:44 PM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Additional 1BN austerity measures will be implemented in 2013 if 2,6 BN privatization target fails.
[link to translate.google.gr]

inappropriate
Anonymous Coward
User ID: 1371505
Germany
11/30/2012 03:42 PM
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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
[link to www.kommersant.ru]

The EU superstate is coming!
insertfunnyusername

User ID: 28750763
Greece
12/01/2012 08:41 AM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Moody's downgrades eurozone's rescue funds
[link to www.telegraph.co.uk]
pump2

EU President: Budget Deal Possible Early Next Year
[link to www.voanews.com]

37% increase in the electricity tariffs coming in 2013 in Greece sheep
[link to translate.google.gr]


Greece Extends Deadline for Banks' Second Quarter Results to Dec. 21
[link to online.wsj.com]
damned
insertfunnyusername

User ID: 28750763
Greece
12/01/2012 01:40 PM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Economist Varoufakis: Bond buyback is a scam and only reduces debt by 2 billion, Greece must not take the tranche
[link to translate.googleusercontent.com]

EU-------->sensetard
Luisport (OP)

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12/02/2012 05:09 AM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Thread: EUROPE ESTOFEX WEATHER ALLERT!!! Valid: Sat 29 Dec 2012 06:00 to Sun 30 Dec 2012 06:00 UTC
Luisport (OP)

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Portugal
12/03/2012 08:22 AM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
zerohedge‏@zerohedge

Former Greek PM G-Pap's 89 Year Old Mother Said To Have $700 Million In Swiss Bank Account [link to www.zerohedge.com] …
Luisport (OP)

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12/03/2012 09:08 AM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
zerohedge‏@zerohedge

Greek Government Bonds Jump 12% As Buyback Means Early Christmas For Hedge Funds [link to www.zerohedge.com] …
Luisport (OP)

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Portugal
12/03/2012 09:12 AM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
zerohedge‏@zerohedge

Is Margaret Papandreou buying back 7% of the outstanding GGB2s? Or are Greek taxpayers paying for a merry hedge fund xmas again?
Luisport (OP)

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Portugal
12/03/2012 09:39 AM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
zerohedge‏@zerohedge

SCHAEUBLE WARNS AGAINST EXCESSIVE EXPECTATIONS ON BANK UNION
Luisport (OP)

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12/03/2012 04:25 PM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Business Insider‏@businessinsider

Mother Of Former Greek PM Papandreou Linked To $714 Million Swiss Bank Account by @mradamtaylor [link to read.bi]
Luisport (OP)

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Portugal
12/04/2012 05:45 AM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Reuters Top News‏@Reuters

Bomb explodes at offices of Greek ultra-right party, no casualties [link to reut.rs]
insertfunnyusername

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Greece
12/04/2012 07:53 AM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Reuters Top News‏@Reuters

Bomb explodes at offices of Greek ultra-right party, no casualties [link to reut.rs]
 Quoting: Luisport


explosion


Hello Luis, hope all is well. hf
Anonymous Coward
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12/04/2012 07:58 AM
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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Reuters Top News‏@Reuters

Bomb explodes at offices of Greek ultra-right party, no casualties [link to reut.rs]
 Quoting: Luisport


Damn commies. They only believe in democracy as long as they win. They better not open a civil war, they are not prepared for what would be coming.
insertfunnyusername

User ID: 28750763
Greece
12/04/2012 02:05 PM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
oil
Deutsche Bank: Greek gas reserves are a long term story, if proven
[link to english.capital.gr]

shark

Last Edited by insertfunnyusername on 12/04/2012 02:10 PM
Ostria1

User ID: 27119727
Greece
12/05/2012 01:09 PM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
oil
Deutsche Bank: Greek gas reserves are a long term story, if proven
[link to english.capital.gr]

shark
 Quoting: insertfunnyusername


just heard the minister who talked to skai tv but didnt catch it from the start. He said that they have chartographed 30% of the area (i think the ship is at the Ionian sea now) and though he didnt want to talk about the first impressions he sounded possitive on what they found.
He said that the research will be over (studied and all) before the middle of 2013.
It seems that the biggest reserves lay south of Crete, but both Ionian and Agean sea have too.

I dont know but i still believe that all this we live now is because of these oil reserves.

here is the article from November 29, 2012

[link to www.euromoney.com]

check the list of the worlds gas reserves at the end of the article. if what they say about our reserves turns out to be true then we will be no 15 in this list.
Ostria
insertfunnyusername

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Greece
12/05/2012 01:38 PM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
oil
Deutsche Bank: Greek gas reserves are a long term story, if proven
[link to english.capital.gr]

shark
 Quoting: insertfunnyusername


just heard the minister who talked to skai tv but didnt catch it from the start. He said that they have chartographed 30% of the area (i think the ship is at the Ionian sea now) and though he didnt want to talk about the first impressions he sounded possitive on what they found.
He said that the research will be over (studied and all) before the middle of 2013.
It seems that the biggest reserves lay south of Crete, but both Ionian and Agean sea have too.

I dont know but i still believe that all this we live now is because of these oil reserves.

here is the article from November 29, 2012

[link to www.euromoney.com]

check the list of the worlds gas reserves at the end of the article. if what they say about our reserves turns out to be true then we will be no 15 in this list.
 Quoting: Ostria1


hf
Off course the reserves exist and off course this is the real reason of this crisis, it happens to all oil/gas rich countries, we just get it in the more civilized form of financial war than actual war the bankers are supporting elsewhere. I've been studying the reserves issue for some time now and they are probably more than the 3.5 that they speculate, but the rare earth minerals and gold are the real treasure in Greek lands. We'll need a good 8-10 years to fully exploit this gas reserves, Cyprus begun in 2004 to give you an example. Turkish casus belli is a 20 year big problem for exploiting these resources except if we give'em an equal share of the pie too, so i really dunno what will finally happen.
Ostria1

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Greece
12/05/2012 01:47 PM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
hf
Off course the reserves exist and off course this is the real reason of this crisis, it happens to all oil/gas rich countries, we just get it in the more civilized form of financial war than actual war the bankers are supporting elsewhere. I've been studying the reserves issue for some time now and they are probably more than the 3.5 that they speculate, but the rare earth minerals and gold are the real treasure in Greek lands. We'll need a good 8-10 years to fully exploit this gas reserves, Cyprus begun in 2004 to give you an example. Turkish casus belli is a 20 year big problem for exploiting these resources except if we give'em an equal share of the pie too, so i really dunno what will finally happen.
 Quoting: insertfunnyusername


hello there! Me too I ve been watching this "thriller" for some years now (you know from the time the scientists said we have them and the politicians reject it).
Ostria
Luisport (OP)

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12/05/2012 04:27 PM

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Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Thread: GREECE CUT TO SELECTIVE DEFAULT FROM CCC BY S&P!!! Deutsche Bank Hid $12 Billion In Losses To Avoid A Government Bail-Out!!!