Cyprus-Forum.com

[Acikgoz]

This is a non-discriminatory post, just hopefully informative on the crisis and bearing an important detail:

http://www.bloomberg.com/apps/news?pid= ... BbkG4wAVjg

"Closer Ties

Papandreou told lawmakers in parliament today that he wants closer ties with Turkey. A planned visit next month by Turkish Prime Minister Recep Tayyip Erdogan will boost cooperation in the energy and transport industries, he said."

Building ties, not gloating in the other's misery, that's how to secure progress.

[georgios100]

This is a non-discriminatory post, just hopefully informative on the crisis and bearing an important detail:

http://www.bloomberg.com/apps/news?pid= ... BbkG4wAVjg

"Closer Ties

Papandreou told lawmakers in parliament today that he wants closer ties with Turkey. A planned visit next month by Turkish Prime Minister Recep Tayyip Erdogan will boost cooperation in the energy and transport industries, he said."

Building ties, not gloating in the other's misery, that's how to secure progress.

Thanks for the link.

Defense spending is always a big bill for Greece & Turkey... hopefully an agreement is in the works to reduce the budget on that respect.

I copy a phrase form the above link that caught my attention...

Turkey has a population of about 72 million and a $660 billion economy, while for Greece the figures are 11 million and $314 billion.

Are these numbers right? is this a typo? If Greece had a population of 72 million, the economy could be 2,053 billion... is that right?

[B25]

Turkey is full of uneducated peasant no mads.

Do you expect them to produce anything ather than shit and kids????

And do we want these people roaming around freely in the EU, F no!

[YFred]

This is a non-discriminatory post, just hopefully informative on the crisis and bearing an important detail:

http://www.bloomberg.com/apps/news?pid= ... BbkG4wAVjg

"Closer Ties

Papandreou told lawmakers in parliament today that he wants closer ties with Turkey. A planned visit next month by Turkish Prime Minister Recep Tayyip Erdogan will boost cooperation in the energy and transport industries, he said."

Building ties, not gloating in the other's misery, that's how to secure progress.

Thanks for the link.

Defense spending is always a big bill for Greece & Turkey... hopefully an agreement is in the works to reduce the budget on that respect.

I copy a phrase form the above link that caught my attention...

Turkey has a population of about 72 million and a $660 billion economy, while for Greece the figures are 11 million and $314 billion.

Are these numbers right? is this a typo? If Greece had a population of 72 million, the economy could be 2,053 billion... is that right?

I thought Greece's earning are negative.
If is such a short word winh huge consequences.
If only we had wings we could fly to the moon
But only if there is air from here all the way there.

[georgios100]

Turkey is full of uneducated peasant no mads.

Do you expect them to produce anything ather than shit and kids????

And do we want these people roaming around freely in the EU, F no!

That is one way of looking at this... surely there are other reason for such a difference... perhaps Greece is cooking the books... or maybe Turkey is?

[Acikgoz]

Below is what you need if making that comparison GDP per Capita.

Obviously Turkey and Greece are at different stages as to their long term economic progress. Turkey still a developing country in many aspects has over time a much higher growth rate, Greece less so.

Greece's GDP can still be high yet the country can go bankrupt - as with a person or a business, a country can still produce and make money, however if its debts exceed its earnings and the money isn't lent to it to cover the short term deficits then it can go bankrupt.

Note all is a digression from the actual story - working together for economic improvement fosters better relationships.

Rank Country Intl. $
1 Qatar 83,841
2 Luxembourg 78,395
3 Norway 52,561
4 Singapore 50,523
5 Brunei 49,110
6 United States 46,381
7 Switzerland 43,007
— Hong Kong 42,748
8 Netherlands 39,938
9 Ireland 39,468
10 Australia 38,911
11 Austria 38,839
12 Kuwait 38,304
13 Canada 38,025
14 Iceland 38,023
15 United Arab Emirates 36,537
16 Sweden 35,965
17 Denmark 35,757
18 Belgium 35,422
19 United Kingdom 34,619
20 Germany 34,212
21 France 33,679
22 Finland 33,556
23 Japan 32,608
24 Taiwan (Republic of China) 31,834
25 Greece 29,882
26 Spain 29,689
27 Italy 29,109
28 Cyprus 28,544
29 Israel 28,393
30 Korea, South 27,978
31 Slovenia 27,654
32 Bahrain 27,068
33 New Zealand 26,708
34 Bahamas, The 26,474
35 Oman 25,110
36 Czech Republic 24,093
37 Malta 23,584
38 Saudi Arabia 23,221
39 Portugal 21,859
40 Slovakia 21,245
41 Seychelles 20,411
42 Trinidad and Tobago 19,818
43 Equatorial Guinea[4] 18,600
44 Hungary 18,567
45 Barbados 18,131
46 Poland 18,072
47 Estonia 17,908
48 Antigua and Barbuda 17,893
49 Croatia 17,703
50 Lithuania 16,542
51 Russia 14,920
52 Argentina 14,561
53 Chile 14,341
54 Libya 14,328
55 Gabon 14,318
56 Latvia 14,255
57 Lebanon 14,226
58 Botswana 13,992
59 Malaysia 13,769
60 Mexico 13,628
61 Saint Kitts and Nevis 13,429
62 Uruguay 13,163
63 Belarus 12,737
64 Mauritius 12,527
65 Turkey 12,476
66 Venezuela 12,201
67 Romania 11,917
68 Bulgaria 11,900
69 Panama 11,788
70 Kazakhstan 11,693
71 Iran 11,172
72 Grenada 10,712
73 Serbia 10,635
74 Costa Rica 10,579
75 Brazil 10,514
76 Montenegro 10,393

[georgios100]

Greece $29,882
Turkey $12,476

Still, these numbers don't justify the economy numbers... how old is this list?

Iceland way up there at $38,023 but bankrupt!!!

[YFred]

Greece $29,882
Turkey $12,476

Still, these numbers don't justify the economy numbers... how old is this list?

Iceland way up there at $38,023 but bankrupt!!!

It just goes to prove that you can prove anything with statistics.

[Acikgoz]

Greece $29,882
Turkey $12,476

Still, these numbers don't justify the economy numbers... how old is this list?

Iceland way up there at $38,023 but bankrupt!!!

It just goes to prove that you can prove anything with statistics.

The numbers don't all line up well but they do give a good indication - the ones I posted were IMF 2009 ones.

As GDP per capita the represent Total GDP of country/population. For Greece this ties in well, Turkey a little spurious.

You can still produce yet be "bankrupt" - although Iceland is not actually bankrupt in the same way as a business is - consider they could auction the island - an asset or parts of the land to pay for the debt, though that is not a collateral that is posted against the bonds issued.

[Acikgoz]

Greece $29,882
Turkey $12,476

Still, these numbers don't justify the economy numbers... how old is this list?

Iceland way up there at $38,023 but bankrupt!!!

It just goes to prove that you can prove anything with statistics.

The numbers don't all line up well but they do give a good indication - the ones I posted were IMF 2009 ones.

As GDP per capita the represent Total GDP of country/population. For Greece this ties in well, Turkey a little spurious.

You can still produce yet be "bankrupt" - although Iceland is not actually bankrupt in the same way as a business is - consider they could auction the island - an asset or parts of the land to pay for the debt, though that is not a collateral that is posted against the bonds issued.