Cyprus-Forum.com

[georgios100]

Heard last night on the CTV (Canadian television) that Greece's bailout is the biggest in history!

The anchorman went on to emphasize the severity of the situation, noting the effects this bailout has since it already started to effect the Canadian & Australian economy... hold on to your hats folks.

http://www.ctv.ca/servlet/ArticleNews/s ... pStoriesV2

Georgios100

[apc2010]

SSSSSHHHHHHH don't tell Oracle

[Oracle]

How can it be the "biggest in history" when it isn't even on the cards! The speculations have been rife for months. As always happens, watch the Greeks recover and the master money stealers (at the moment the Brits) succumb to post-election catharsis!

The UK's bailout record of 1974 still stands ... ready for revision on May 7th.

How many years since the UK lost its free handouts from its "Empire"; less than a few decades. Crumbling under its own steam already. Wait a few thousand years then perhaps you can more fairly compare anyone to the Greeks.

Why, even Shakespeare's not predicted to survive as long as Homer

[apc2010]

Why, even Shakespeare's not predicted to survive as long as Homer

of course not ,sky still shows the simpsons,

[Paphitis]

noting the effects this bailout has since it already started to effect the Canadian & Australian economy...

Greece effecting the Australian and Canadian economy! News to us....

[Paphitis]

Heard last night on the CTV (Canadian television) that Greece's bailout is the biggest in history!

The anchorman went on to emphasize the severity of the situation, noting the effects this bailout has since it already started to effect the Canadian & Australian economy... hold on to your hats folks.

http://www.ctv.ca/servlet/ArticleNews/s ... pStoriesV2

Georgios100

On a serious note georgoulla, you can be certain that Greece will get itself out of this mess and that this crisis will create a more competitive Greece in a few years time once they overhaul the entire country.

You see georgoulla, you won't see Greeks abandon their country in tough times just like you abandoned Varoshia and gave it to the Turks....

[georgios100]

After listening to the Canadian news channels for 30 years, I believe the credibility of the local media is impeccable. When the Bank of Canada makes statements referring to the Greece situation as "very serious", it should ring a bell to all of us. The bank of Canada is extremely careful when it comes to the wording of it's statements.

The recession of 2008-2009 partially resulted from the reluctance of banks to lend money to each other. Nowadays, this reluctance is amongst country to country, a troubling aftershock, a situation never before encountered.

I am confident Greece will find it's way out of this. It'll take many years, if not decades, to somehow "normalize" it's economy. We all know how Greeks are. They always bounce back but this time the effort required is massive.

[Paphitis]

Look through the wire fence georgoulla and tell us what you see....

[Milo]

www.bbc.co.uk/news

Malcolm Brabant BBC News, Athens

On Planet Greece, some civil servants get a bonus for turning up to work on time. Foresters get a bonus for working outdoors. At least they show up.

There are civil servants called ghost workers because they never go into the office, head to a second job and still claim a state salary. They can't get sacked, because a civil service post is for life. Unless the incumbent decides to retire in his or her forties, with a pension.

And the government can continue paying for the afterlife. Unmarried and divorced daughters of civil servants are entitled to collect their dead parents pensions. Another lucrative sinecure is to belong to a state committee. The government has no idea how many there are.

It has been estimated that they have 10,000 employees and cost nearly £200m a year, and that includes the committee to manage a lake that dried up 80 years ago.

Amazing

[Paphitis]

www.bbc.co.uk/news

Malcolm Brabant BBC News, Athens

On Planet Greece, some civil servants get a bonus for turning up to work on time. Foresters get a bonus for working outdoors. At least they show up.

There are civil servants called ghost workers because they never go into the office, head to a second job and still claim a state salary. They can't get sacked, because a civil service post is for life. Unless the incumbent decides to retire in his or her forties, with a pension.

And the government can continue paying for the afterlife. Unmarried and divorced daughters of civil servants are entitled to collect their dead parents pensions. Another lucrative sinecure is to belong to a state committee. The government has no idea how many there are.

It has been estimated that they have 10,000 employees and cost nearly £200m a year, and that includes the committee to manage a lake that dried up 80 years ago.

Amazing

That's all dandy and all that. But at least the Greek economy was destroyed for very clear cut reasons which are easily rectified. The same can't be said about the UK, since it too is heading down the tube and fast. And let's not mention Spain, Portugal and Ireland!