Germany and France decide to throw more taxpayers money down the Greek black hole

[OwlHoot]

They could always sell their half of Cyprus to Turkey. That would raise quite a few bob.

It's been sold several times over the last thousand years - Richard the Lionheart once owned the whole island !

[PAH]

Alternatively, those greeks rioting about the cuts and lack of tourism due to not being able to compete with Turkey could offer their hotel rooms for free, self catering.

A loss leader to lead the teenage binge drinking hordes back. What's more profitable for the greeks, a week's hotel fee or a week's bar and food bill?

Do a deal with Stelios and they could do ultra cheap package deals. Soon get the money back with the alcohol charges on the plane and on the island.

[Old Greg]

Alternatively, those greeks rioting about the cuts and lack of tourism due to not being able to compete with Turkey could offer their hotel rooms for free, self catering.

A loss leader to lead the teenage binge drinking hordes back. What's more profitable for the greeks, a week's hotel fee or a week's bar and food bill?

Do a deal with Stelios and they could do ultra cheap package deals. Soon get the money back with the alcohol charges on the plane and on the island.

Or they could leave the Euro, debase their currency to inflate their debt away, while making them more competitive in the tourism market.

[DimPrawn]

Or they could leave the Euro, debase their currency to inflate their debt away, while making them more competitive in the tourism market.

You mean take the Icelandic approach? **** your creditors and debase your currency, then two years later they are all sitting in Michelin starred restaurants and driving £100K 4x4's rather than facing austerity as all the debt is gone.

[MrMark]

You mean take the Icelandic approach? **** your creditors and debase your currency, then two years later they are all sitting in Michelin starred restaurants and driving £100K 4x4's rather than facing austerity as all the debt is gone.

That's actually a very good point. Didn't Iceland default on their debts, and then join the Euro?

[amcdonald]

That was suggested by some German newspapers last time round, didn't go down too well in Greekland

Couldn't they just sell Greece to the Germans as a holiday resort and be done with it ?

[TimberWolf]

If Greeks/Spanish/Italians/etc were to become impoverished, what's to stop them turning up on magnet Britain's shores?

[oracleslave]

If Greeks/Spanish/Italians/etc were to become impoverished, what's to stop them turning up on magnet Britain's shores?

Nothing. That's why BTL is the future innit?

[TimberWolf]

Nothing. That's why BTL is the future innit?

Anyone without a house is doomed though.

[Mich the Tester]

If Greeks/Spanish/Italians/etc were to become impoverished, what's to stop them turning up on magnet Britain's shores?

The weather, the food and French transport strikes.

Anyway, Italy is nowehere near going bust. Italy's a bit like one of those aristocrats who wears worn out tweed jackets, drives a bashed up 1970s Range Rover and swears a lot; slight cashflow problem but a tulipload of money tied up in land, art, gold, castles, shares and so on.