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Will there be a Grexit?

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    Originally posted by BrilloPad View Post
    If they have any sense they will vote for a party who will take them out of the Euro.
    Perhaps no-one wants to be first.

    Originally posted by Zero Liability View Post
    Looking at the figures in this article, sense is the one thing they - and most of Europe - lack.
    Well, if they had any sense most of the EU countries, including us, would be doing lots of things differently, but no. It's like the CAP (Common Agricultural Policy), thirty years after NZ got rid of all farm subsidies people here, and in Europe, can't seem to imagine surviving without a £40bn per year hand-out...heaven forbid things improving...

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      Will there be a Grexit?

      Originally posted by PurpleGorilla View Post
      There will be a grexit. Greeks are getting all they can out of their banks; before the default, and emergency transfer to the drachma. The question is will Greece stay in the EU, or NATO?
      https://www.theguardian.com/world/20...e_iOSApp_Other

      https://youtu.be/un_5I0tsP7g
      Last edited by PurpleGorilla; 3 February 2017, 15:51.
      http://www.cih.org/news-article/disp...housing_market

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        https://www.theguardian.com/business...e_iOSApp_Other
        http://www.cih.org/news-article/disp...housing_market

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          Germany can't afford to let Greece go under. To crystallize the debt would be a major blow for them.

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            Originally posted by BrilloPad View Post
            Germany can't afford to let Greece go under. To crystallize the debt would be a major blow for them.
            They can't afford to bail them out (again) either, both financially and politically. Which way would Merkel's poll ratings go if she chucked away (quite literally) another few hundred billion?
            Greece is leaving the Eurozone, it's simply a question of when. Whether they stay in the EU afterwards is still an open question.
            His heart is in the right place - shame we can't say the same about his brain...

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              Originally posted by BrilloPad View Post
              Germany can't afford to let Greece go under. To crystallize the debt would be a major blow for them.
              Hair cut is against the Lisbon treaty.

              Tricky.

              I think GREXIT is one minute to midnight.
              http://www.cih.org/news-article/disp...housing_market

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