Cyprus-Forum.com

[Viewpoint]

Still you clutch at straws Greeces corupt economy has never been strong they cooked the books and they will pay the price.

[Pyrpolizer]

Still you clutch at straws Greeces corupt economy has never been strong they cooked the books and they will pay the price.

We are talking for the state finances my dear not for the REAL ECONOMY.
2 different things you know...

In Greece the 2 don't link together very well due to corruption in the taxation system.


But remember we are CYPRUS not greece, we will get bankrupt only if the whole Europe does.

[MrH]

Guys, guys, Greece's problem is simple, they spent more than they receive.
It's not rocket Science. With a tiny population in minus, a very small proportion
Actually able to work due to the vast majority being well over the age of 50,
And Greece's failed attempts in curving its trade deficit according to its lack
Of industrial output, Greece was always, and will always fall into the same trap.
Like with many European countries, Greece needs a young workforce - probably
From Turkey - to stop relentless spending for the next 20 years and leave the
EURO and make deals with other NON-EU member rich countries without EU-
Red tape and restrictions implied on its economy. This bailout won't last too long
Before Greece falls into a harder economic scenario than today. And, judging
By Germany's offer to buy a few Greek islands in return for money, I wouldn't
Trust the EU as far as a cheap EasyJet flight. Greece needs Turkey, and to Harmonise
Its relationship with the Turkic countries, including the TRNC. if Turkey can give
The TRNC a free 1billion per year, imagine the strength of Turkey's emerging
Economy, both as an energy hub and according to the lucratic deals signed with
Many of its neighbours.

This was written on my Blackberry device so sorry for any errors. I will read
Your comments when I arrive in Zurich.

[Viewpoint]

Greece has never been stable the mask has dropped and they are the black sheep of the EU.

[Oracle]

Greece has never been stable the mask has dropped and they are the black sheep of the EU.

How are they the "black sheep" when the UK was the first to announce her woes, then Germany, France, now Greece followed by Spain and Portugal etc. Greece is in the middle of a worldwide problem affecting the wealthiest nations (don't worry, poverty stricken third world countries like Turkey do not figure, they have always been in the mire and will always continue to be in the mire ... Turkey are superfluous.)

Carry on making our white goods ...

[BOF]

Greece has never been stable the mask has dropped and they are the black sheep of the EU.

How are they the "black sheep" when the UK was the first to announce her woes, then Germany, France, now Greece followed by Spain and Portugal etc. Greece is in the middle of a worldwide problem affecting the wealthiest nations (don't worry, poverty stricken third world countries like Turkey do not figure, they have always been in the mire and will always continue to be in the mire ... Turkey are superfluous.)

Carry on making our white goods ...

Greece didnt announce anything - they got caught.

[YFred]

Greece has never been stable the mask has dropped and they are the black sheep of the EU.

How are they the "black sheep" when the UK was the first to announce her woes, then Germany, France, now Greece followed by Spain and Portugal etc. Greece is in the middle of a worldwide problem affecting the wealthiest nations (don't worry, poverty stricken third world countries like Turkey do not figure, they have always been in the mire and will always continue to be in the mire ... Turkey are superfluous.)

Carry on making our white goods ...

Greece didnt announce anything - they got caught.

With their pants down?

[Get Real!]

“I am ashamed to be Greek.”

Well, let’s hope that Greece’s demise will also mean that some Cypriot fools will now want to climb off Mount Olympus and back down to earth where they belong…

[Gasman]

Greece was looking for a PR Spinmaster last month - if they found one they do not seem to have done a very good job.

Greece Turns to London Spinmeisters for PR Bailout

April 30 (Bloomberg) -- It takes a modern Homer to spin a tale this epic.

Greece, trying to stave off a debt default with an aid package of at least 45 billion euros ($60 billion), is seeking to hire an international public-relations firm to bolster its case in the financial press, according to people with direct knowledge of the efforts. They include Maitland Consultancy Ltd., Brunswick Group LLP and Financial Dynamics International, said the people, who declined to be identified because the search is private.

Like corporate executives amid insolvency, indiscretions or environmental disasters, Greek Finance Minister George Papaconstantinou decided the country needs professional crisis communicators, the people said. “It’s our duty to debunk” perceptions that Greek debt is “catastrophic,” he told lawmakers in Athens on April 26.

“It’s never too late for damage control,” said Richard Dukas, chief executive officer of Dukas Public Relations, a New York-based firm that isn’t among those applying. “Greece is clearly in trouble, and the last thing you want to do is go and hide underneath a rock.”

Papaconstantinou, in Washington last week for Group of 20 and International Monetary Fund meetings, had planned a separate trip to New York to interview the firms under consideration, the people said. He shelved that plan as the crisis intensified, they said, adding that a timetable for picking a firm hasn’t been set.

‘All Options’ Open

“The ministry is always assessing its capacity and the resources it needs,” Filio Lanara, a spokeswoman for the Greek finance ministry, wrote in an e-mail. “The current crisis has demanded great attention to our communications internationally. In that context, we have been exploring all our options.” She declined to comment on the search for a public relations firm.

Philip Gawith, Maitland’s chief executive officer, said he couldn’t comment, as did Brunswick Senior Partner Steve Lipin and Financial Dynamics spokesman Charles Palmer. All three firms are based in London. Financial Dynamics is a unit of West Palm Beach, Florida-based FTI Consulting Inc.

[url]
http://www.businessweek.com/news/2010-0 ... ate2-.html[/url]

[MrH]

To GET REAL, it wasn't me that said that, it was a Greek Cypriot.

Oracle: The reason why Greece is known as the Black Sheep is because, unlike
The UK, it is unable to bail itself out while the UK Treasury clearly were more
Than able - trust me opn this one, I know. What's even more ebarrassing for
Greece is the offering of bail out money from the tiny GC-ROC and Italy. Now
That's the real unfortunate element that reflect the very little monies left in
The thousands of year build up of the Greek Treasury. Unless Greece leaves
The EUROZONE and fends for itself via internation agreements with its
Hellenic Government only, Germany will one day be the proud owner of
The Greek Islands. I've just come back from Greece in my reportings and can
Say for fact that the people there, including its government and business heads,
Are all seriously considering on leaving the EU, particularly after now fully
Understanding what little significant they will be after their ill signing of the
Pre-planned LISBON TREATY - the way to Majority Rule in almost every area.