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S & P: Greece will need a further assistance of 7 billion

 
Luisport

User ID: 15377468
Portugal
08/08/2012 11:21 AM

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Re: S & P: Greece will need a further assistance of 7 billion
Roubini: Greek exit from the euro and a government collapsed within 2013

[link to translate.google.gr]
 Quoting: Foveras


For me he is optimistic... it will be untill the end of this year!
 Quoting: Luisport


Hello Luis How are you my friend? hf
I think sometime between September and October to be honest.
 Quoting: Foveras


I'm fine thank's! Yes i agree with you... do you see my thread about Moringa? We will survive with it!
Foveras (OP)

User ID: 20812272
Greece
08/08/2012 11:29 AM

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Re: S & P: Greece will need a further assistance of 7 billion
Foveras/Insertuserfunnyname - what is the general opinion of the Greek people regarding the Euro?

Are they wanting to maintain the current situation for much longer or do you think the mood is changing and the people are having enough with the cuts imposed by the EU?

Are the Greek people divided? I've heard its much worse in Athens and the cities then the rural areas - due to more public sector job cuts/pension cuts in these areas?

Would you prefer to go back to the Drachma - have a couple of years of upheaval but then hopefully start to recover with a new currency that will enable tourism to prosper due to the cheap value to the Drachma relative to the Euro/Sterling/Dollar and the reduction in your exports?
 Quoting: RolandDeschain


I think that people here are more and more prepared for the case of returning to national currency. Most people i think now they are prefaring to return to drachma that to have more austerity measures.
People start diving more and more. The main reason for me is the rise of Golden Dawn. When financial problem rise in a society I think is something to be expected. And yes Athens is getting worst much more rapidly than the rural areas. You see Athens has no industry so has no real economy to support itself.
I am defenetly against € with the form the EU exist right now. If we were talking becoming something like th US of Europe, then euro whouldnt be a problem. But having a rich north that is actually doing everything he can to explode the pour south part i dont thing this is a union of equal members. If you see Germany has make billions due to the Greek situation.
Love responsibility,
keep saying, I alone
will save the world
If it gets lost, myself only is responsible

N.Kazantzakis
Luisport

User ID: 15377468
Portugal
08/08/2012 11:30 AM

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Re: S & P: Greece will need a further assistance of 7 billion
1 minzerohedge‏@zerohedge

Bank of Spain’s Linde Meets U.S. Senator Conrad. More Americans begging for Spain to hand over sovereignty to ECB
Foveras (OP)

User ID: 20812272
Greece
08/08/2012 11:32 AM

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Re: S & P: Greece will need a further assistance of 7 billion
Roubini: Greek exit from the euro and a government collapsed within 2013

[link to translate.google.gr]
 Quoting: Foveras


For me he is optimistic... it will be untill the end of this year!
 Quoting: Luisport


Hello Luis How are you my friend? hf
I think sometime between September and October to be honest.
 Quoting: Foveras


I'm fine thank's! Yes i agree with you... do you see my thread about Moringa? We will survive with it!
 Quoting: Luisport


No, but a quick look I had seems really interesting. I'll have a futher look at it later as now I have to go and buy a toy to my son.
Love responsibility,
keep saying, I alone
will save the world
If it gets lost, myself only is responsible

N.Kazantzakis
insertfunnyusername

User ID: 19544187
Greece
08/08/2012 11:32 AM
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Re: S & P: Greece will need a further assistance of 7 billion
Foveras/Insertuserfunnyname - what is the general opinion of the Greek people regarding the Euro?

Are they wanting to maintain the current situation for much longer or do you think the mood is changing and the people are having enough with the cuts imposed by the EU?

Are the Greek people divided? I've heard its much worse in Athens and the cities then the rural areas - due to more public sector job cuts/pension cuts in these areas?

Would you prefer to go back to the Drachma - have a couple of years of upheaval but then hopefully start to recover with a new currency that will enable tourism to prosper due to the cheap value to the Drachma relative to the Euro/Sterling/Dollar and the reduction in your exports?
 Quoting: RolandDeschain


People in general don't care much about what currency they'll use. They just want a decent living. Euro supporters are getting less day by day. There is a sentimental connection to the euro and the EU in general, as to belong to something big in Europe. Regardless what people in the EU think, cost of life doubled and tripled in Greece the last 10 years, since we got in the euro and quality of life fell by 65-70%. The rich here got more rich with it and the poor even poorer. People itk support the return to drachma, it makes sense from a financial and economic strategy perspective coz with the situation as it is now it's cheaper for Greece to import food and fruits from Germany than to exploit/produce her own. Production costs have skyrocketed here. Situation is much worse in big cities indeed, countryside doesn't face many problems coz life is cheaper there. We haven't seen the full effect of the cuts imo, but it will be more felt after the summer when the tourist sector employees will be looking for temporary winter jobs again.

Last Edited by insertfunnyusername on 08/08/2012 11:32 AM
insertfunnyusername

User ID: 19544187
Greece
08/08/2012 11:34 AM
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Re: S & P: Greece will need a further assistance of 7 billion
...


For me he is optimistic... it will be untill the end of this year!
 Quoting: Luisport


Hello Luis How are you my friend? hf
I think sometime between September and October to be honest.
 Quoting: Foveras


I'm fine thank's! Yes i agree with you... do you see my thread about Moringa? We will survive with it!
 Quoting: Luisport


No, but a quick look I had seems really interesting. I'll have a futher look at it later as now I have to go and buy a toy to my son.
 Quoting: Foveras


Na ton xerese! Buy him a great present!hf
Hi Luis, hope you doing great, nice thread about Moringa.
Luisport

User ID: 15377468
Portugal
08/08/2012 11:39 AM

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Re: S & P: Greece will need a further assistance of 7 billion
...

Thank's! Do you know moringa? Germans want us to starve untill death, but we will survive with moringa!
Hello Luis How are you my friend? hf
I think sometime between September and October to be honest.
 Quoting: Foveras


I'm fine thank's! Yes i agree with you... do you see my thread about Moringa? We will survive with it!
 Quoting: Luisport


No, but a quick look I had seems really interesting. I'll have a futher look at it later as now I have to go and buy a toy to my son.
 Quoting: Foveras


Na ton xerese! Buy him a great present!hf
Hi Luis, hope you doing great, nice thread about Moringa.
 Quoting: insertfunnyusername
RolandDeschain

User ID: 21542770
United Kingdom
08/08/2012 11:52 AM
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Re: S & P: Greece will need a further assistance of 7 billion
Thanks Foveras and InsertFunnyUserName for the quick replies. Kind of what I thought. Always interesting to see the Greek's opinions on these matters rather then the biased BS media we have in the UK.

I think the Euro in its present form was doomed from the start - it just wasn't thought through enough before it was created - politicians just didn't have the financial/economic ability to grasp the implications of having a currency belonging to a number of different countries all with their own strengths and weaknesses.

Hope everything turns out OK in the end for you.

Last Edited by RolandDeschain on 08/08/2012 11:52 AM
"If we don't end war, war will end us"
H. G. Wells
insertfunnyusername

User ID: 19544187
Greece
08/08/2012 12:29 PM
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Re: S & P: Greece will need a further assistance of 7 billion
Thanks Foveras and InsertFunnyUserName for the quick replies. Kind of what I thought. Always interesting to see the Greek's opinions on these matters rather then the biased BS media we have in the UK.

I think the Euro in its present form was doomed from the start - it just wasn't thought through enough before it was created - politicians just didn't have the financial/economic ability to grasp the implications of having a currency belonging to a number of different countries all with their own strengths and weaknesses.

Hope everything turns out OK in the end for you.
 Quoting: RolandDeschain


Thank you RolandDeschain!hf

Euro indeed was destined to fail by design and not by ignorance of some politicians imho. Lots of banks/people/institutions got rich with it and lots of people more poor with it.
..|O_o|..
User ID: 10463447
Canada
08/08/2012 01:12 PM
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Re: S & P: Greece will need a further assistance of 7 billion
Interesting.. considering the last bailout caused an 8 billion dollar run on the banks.

This is what happens when we allow our elected representatives to use psychotic terms like 1 trillion.. when we were young they taught us that the term 1 trillion was simply an economic place holder.

There's no way we'd ever actually need or have to print a trillion dollars, even the inference would cause a global panic & collapse of society as we know it.
Anonymous Coward
User ID: 21549076
Germany
08/08/2012 01:18 PM
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Re: S & P: Greece will need a further assistance of 7 billion
***********************************************************​

Even Otmar Issing now says that some countries will get out of the euro!!!!!

[link to www.telegraph.co.uk]

***********************************************************​
Anonymous Coward
User ID: 19228212
United States
08/08/2012 01:21 PM
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Re: S & P: Greece will need a further assistance of 7 billion
Greece will leave the Euro,it's best for everybody.
 Quoting: stormer


Yes, I think it's a matter of time
 Quoting: Foveras


kitty Iceland had a tough couple of years but it's on the mend nicely now. But you really have to do something about all the corruption,
otherwise you will never heal. hf
 Quoting: Judethz


Sorting Israel out would be the first thing on my agenda.

abomb
 Quoting: Anonymous Coward 20884138


Iceland IS NOT on the mend. Where do you idiots get this stuff? An American with a US Dollar is a KING in Iceland right now.
Anonymous Coward
User ID: 21075666
Spain
08/08/2012 01:35 PM
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Re: S & P: Greece will need a further assistance of 7 billion
Foveras/Insertuserfunnyname - what is the general opinion of the Greek people regarding the Euro?

Are they wanting to maintain the current situation for much longer or do you think the mood is changing and the people are having enough with the cuts imposed by the EU?

Are the Greek people divided? I've heard its much worse in Athens and the cities then the rural areas - due to more public sector job cuts/pension cuts in these areas?

Would you prefer to go back to the Drachma - have a couple of years of upheaval but then hopefully start to recover with a new currency that will enable tourism to prosper due to the cheap value to the Drachma relative to the Euro/Sterling/Dollar and the reduction in your exports?
 Quoting: RolandDeschain


People in general don't care much about what currency they'll use. They just want a decent living. Euro supporters are getting less day by day. There is a sentimental connection to the euro and the EU in general, as to belong to something big in Europe. Regardless what people in the EU think, cost of life doubled and tripled in Greece the last 10 years, since we got in the euro and quality of life fell by 65-70%. The rich here got more rich with it and the poor even poorer. People itk support the return to drachma, it makes sense from a financial and economic strategy perspective coz with the situation as it is now it's cheaper for Greece to import food and fruits from Germany than to exploit/produce her own. Production costs have skyrocketed here. Situation is much worse in big cities indeed, countryside doesn't face many problems coz life is cheaper there. We haven't seen the full effect of the cuts imo, but it will be more felt after the summer when the tourist sector employees will be looking for temporary winter jobs again.
 Quoting: insertfunnyusername


It's the same here. Spanish citizens enjoy that connection to the €uro and being part of the European Union. It's a kind of status symbol that they're part of an elite club.

I'm not sure many actually want to get rid of the €uro with the focus more on getting rid of corruption from local level right through to government. That's the direction most of the anger is aimed at rather than the currency.
Foveras (OP)

User ID: 20812272
Greece
08/08/2012 01:39 PM

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Re: S & P: Greece will need a further assistance of 7 billion
...


Hello Luis How are you my friend? hf
I think sometime between September and October to be honest.
 Quoting: Foveras


I'm fine thank's! Yes i agree with you... do you see my thread about Moringa? We will survive with it!
 Quoting: Luisport


No, but a quick look I had seems really interesting. I'll have a futher look at it later as now I have to go and buy a toy to my son.
 Quoting: Foveras


Na ton xerese! Buy him a great present!hf
Hi Luis, hope you doing great, nice thread about Moringa.
 Quoting: insertfunnyusername

Eyxaristo!!!
This week its the second time we get to Jumbo to by 2 small cars from the CARS movie as a reward for going alone to the toilet. Of course I am excited too. I feel like a small child when we get those cars.
By the way I just saw in protothema that the next loan payment will be delayed until October. Hmmm
Link
[link to translate.google.gr]

Just wondering. Before the election werent they threating us that the money last only until late July? How they have enough money now to last till October?
Love responsibility,
keep saying, I alone
will save the world
If it gets lost, myself only is responsible

N.Kazantzakis
insertfunnyusername

User ID: 19544187
Greece
08/08/2012 02:15 PM
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Re: S & P: Greece will need a further assistance of 7 billion
Foveras/Insertuserfunnyname - what is the general opinion of the Greek people regarding the Euro?

Are they wanting to maintain the current situation for much longer or do you think the mood is changing and the people are having enough with the cuts imposed by the EU?

Are the Greek people divided? I've heard its much worse in Athens and the cities then the rural areas - due to more public sector job cuts/pension cuts in these areas?

Would you prefer to go back to the Drachma - have a couple of years of upheaval but then hopefully start to recover with a new currency that will enable tourism to prosper due to the cheap value to the Drachma relative to the Euro/Sterling/Dollar and the reduction in your exports?
 Quoting: RolandDeschain


People in general don't care much about what currency they'll use. They just want a decent living. Euro supporters are getting less day by day. There is a sentimental connection to the euro and the EU in general, as to belong to something big in Europe. Regardless what people in the EU think, cost of life doubled and tripled in Greece the last 10 years, since we got in the euro and quality of life fell by 65-70%. The rich here got more rich with it and the poor even poorer. People itk support the return to drachma, it makes sense from a financial and economic strategy perspective coz with the situation as it is now it's cheaper for Greece to import food and fruits from Germany than to exploit/produce her own. Production costs have skyrocketed here. Situation is much worse in big cities indeed, countryside doesn't face many problems coz life is cheaper there. We haven't seen the full effect of the cuts imo, but it will be more felt after the summer when the tourist sector employees will be looking for temporary winter jobs again.
 Quoting: insertfunnyusername


It's the same here. Spanish citizens enjoy that connection to the €uro and being part of the European Union. It's a kind of status symbol that they're part of an elite club.

I'm not sure many actually want to get rid of the €uro with the focus more on getting rid of corruption from local level right through to government. That's the direction most of the anger is aimed at rather than the currency.
 Quoting: Anonymous Coward 21075666


Unfortunately there is no other choice for Greece, Spain, Italy, but to leave the eurozone. Their previous currencies were far behind in strength from the pound or the mark, one euro was at that time 340 drachmas, euro is a financial massacre of their production and people.
insertfunnyusername

User ID: 19544187
Greece
08/08/2012 02:19 PM
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Re: S & P: Greece will need a further assistance of 7 billion
...


I'm fine thank's! Yes i agree with you... do you see my thread about Moringa? We will survive with it!
 Quoting: Luisport


No, but a quick look I had seems really interesting. I'll have a futher look at it later as now I have to go and buy a toy to my son.
 Quoting: Foveras


Na ton xerese! Buy him a great present!hf
Hi Luis, hope you doing great, nice thread about Moringa.
 Quoting: insertfunnyusername

Eyxaristo!!!
This week its the second time we get to Jumbo to by 2 small cars from the CARS movie as a reward for going alone to the toilet. Of course I am excited too. I feel like a small child when we get those cars.
By the way I just saw in protothema that the next loan payment will be delayed until October. Hmmm
Link
[link to translate.google.gr]

Just wondering. Before the election werent they threating us that the money last only until late July? How they have enough money now to last till October?
 Quoting: Foveras


Great times you living, i'm glad for you my friend.
Don't pay much attentions to the troika threats anymore, i've been hearing them for 3 years now, it's pretty tiring. Although i have to admit that orchestrated MSM terrorizing propaganda before the elections is something i've never seen before in the Greek media.

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