Will there be a Grexit?

[PurpleGorilla]

Syriza has taken the country over the edge but doesn't have the balls to leave the Euro. It has just lost a game of chicken with the largest economy in Europe. Badly.

Germany is a drug pusher, giving Greece one more fix. Sooner or later another pimp will slash Germany's tyres.

I really hope the parliament votes OXI!

[Zero Liability]

If they don't go with Grexit, they have no one but themselves to blame at this point.

[tractor]

....

If they don't go with Grexit, they have no one but themselves to blame at this point.

It is clear that the EU/IMF would rather die than let any country leave.

On that basis alone, I would be out the door before you could say 'Fairness'

[SimonMac]

DLR have it printed ready to go - be in no doubt.

DLR might have the ink drying on the paper, but Greece has no money to pay for it

[Flashman]

EU demands Britain joins Greek rescue fund - Telegraph

Britain will be liable for close to £1 billion of emergency loans to Greece, it can be revealed, after Jean-Claude Juncker tore up a “black and white” deal to protect UK taxpayers from Eurozone bailouts

Dave Camerons EU negotiations going well then.

[AtW]

Dave Camerons EU negotiations going well then.

Ze negotiations are already over.

[minestrone]

The EU was supposedly designed to create some kind of pan European harmony. Germany was not able to resist the temptation to invade the rest of Europe and a trade zone would emancipate each region economically during the cold war.

So we now have Germany essentially controlling a Marxist Greek government.

Clearly the Greeks are pretty useless but the manner in which they are being dealt with is intolerable. If they did have 50 billion in assets they should have defaulted, sold them and used that to get a new currency on the go, this is only going to drag on again and we will be on this thread in 2 years time when it all goes tits up.

[AtW]

The EU was supposedly designed to create some kind of pan European harmony. Germany was not able to resist the temptation to invade the rest of Europe and a trade zone would emancipate each region economically during the cold war.

Germans are tired of bankrolling states like Greece that have popular tax dodging culture, yet borrowed to the hilt on the strength of being a member of eurozone that is too big to fail.

[minestrone]

Germans are tired of bankrolling states like Greece that have popular tax dodging culture, yet borrowed to the hilt on the strength of being a member of eurozone that is too big to fail.

They probably are but have done it again.

I actually think the euro will work, Greece will fall into line eventually, might take 30 or 40 years but they will adopt fiscal practice and working conditions in line with northern Europe, eventually.

[cojak]

An interesting article on this “Agreekment” - CooperCity - Louise Cooper