GREECE SITUATION UPDATES!!! YOUTH UNEMPLOYMENT RATE IN GREECE RISES TO 59.3%!!!

Thread: Spain to Nationalize BMN, Caja Espana-Duero, El Pais Reports!!!

52bn trance was just approved.
[link to translate.google.gr]
Strangely the Athens Stock market immediately turned to red.

Yay, more loans.

IFUN, since the largest amount of money will go to the banks, why stock market turned red. Something else is going on. I dont know

Interesting for sure, any ideas/theories what it may be?
Coz to be total honest with you i stopped paying attention to the Greek stock market, it crashed years ago and i don't think it has any influence with the bailouts and eurozone events.

In every similar situation you see the SM to be around +/-0.5
and the day of the "celebration" to rise at least 2%. I was talking with a friend that is playing and told me yesterday, that if we get the money then the SM will go up. Thats why I asked. The only reasonable thought that I can make is that there might be a hard option for the banks to get the money. Will see

Capital.gr says it was a reason of correction coz it had 6 continuous days of earnings. But if your friend says so, i'll take notice. Didn't know that people still played in the stock market, thought it was only a few now after the fiasco, hehe. Let us know if there is something more in it.
[link to www.capital.gr]

zerohedge @zerohedge 11 min
FTW: JUNCKER SAYS CYPRUS SITUATION `MORE SERIOUS' THAN REALIZED. Too many Russian billionaires?

zerohedge @zerohedge 3 min
Europe continues to confuse corruption, political incompetence and fiscal mismanagement with "austerity"

zerohedge @zerohedge 6 min
European politicians continue confusing a manipulated market response as a grade of their failing fiscal policies

zerohedge @zerohedge 2 min
Greek unemployment: [link to www.zerohedge.com] Greek PM celebrating "victory"

yes bs
we will get the money and again in a couple of months we will be in the same situation

How many times they've celebrated that they saved the day the last 2 and half years? I can count at least 5 times.

Thread: REPUBLIC OF CROATIA CUT TO JUNK BY S&P, OUTLOOK STABLE!!!

Wow, in for the bump.

So after the 3 memorandums we reached to the point that troika has the right to seize every national asset of the country, without exception, if they feel they have to do so.
[link to translate.google.gr]

At least 18 die after immigrant boat sinks off Lesvos
[link to www.ekathimerini.com]

Germany suspends returning asylum seekers to Greece for second year
[link to www.ekathimerini.com]

zerohedge @zerohedge 14 min
Spain Govt to Renegotiate Debt of Insolvent Toll Roads, ABC Says. Even the roads are insolvent in Spain?

zerohedge @zerohedge 3 min
Samaras Says Greece, Bulgaria Want to Work Closely Together. Unclear if Bulgaria shares same sentiment
·
zerohedge @zerohedge 4 min
Turkey September unemployment 9.1%, up from 8.8%

1/3 of the Bulgarian banking system belongs to Greek banks. If we go down they're going down too.

i just heard it on the news

"fireplaces and wood burners harmful for the atmosphere and something must be done"

say hello to a new tax or fine on the people who use them

Hmm, doesn't sound good for sure. Confirmed by article. Thought they taxed this in 2011 though, didn't they?

[link to translate.google.gr]

Last Edited by insertfunnyusername on 12/17/2012 08:29 AM

zerohedge @zerohedge 14 min
Moody's "Greek debt remains unsustainable" - even with all of it converted to zero coupon perpetuals?

Eviction doom averted till the end of 2013
[link to translate.google.gr]

Supreme Court rejects finance min. preliminary injunction for special property tax as illegal and unconstitutional
[link to translate.google.gr]


Greece completes anti-migrant fence at Turkish border
[link to www.ekathimerini.com]

Eleven Syrians dumped off southern Crete coast
[link to www.ekathimerini.com]

5,000 euros per person is a lot of money for a Syria-Crete trip.

Last Edited by insertfunnyusername on 12/17/2012 10:23 AM

zerohedge @zerohedge 1 min
"Cyprus may be days away from default" - FinMin; Didn't a cartoonish euro commentator say Cyprus had won a hard-fought bailout?

zerohedge @zerohedge 10 min
Greece have received €34.2 billion bailout #3 tranche. Rumor half has already been rerouted into G-Pap's mom's Swiss account

zerohedge @zerohedge 35s
Europe’s biggest problem is high unemployment among young people especially in Spain and Greece- Merkel advisor.

zerohedge‏@zerohedge

Bank of Cyprus Public Co. Ltd.cancels coupon payment on convertible capital securities for second half of this year [link to www.bankofcyprus.com] …

my country is being destoyed by this gov, i just see an apeal in TV like yesterday for people to react... for me i only see a solution for this to be stoped... a revolution has to be near!

zerohedge‏@zerohedge

Spanish Bad Loans At New Record, Deteriorate At Fastest Pace Since June [link to www.zerohedge.com] …

Same here Luis, same everywhere pretty much, i think it's evident that the bankers won't stop here, this is a global project.