Cyprus-Forum.com

[Get Real!]

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

That's why I left the inverted commas in place.

[denizaksulu]

“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…

....to the Cypriot Mt. Olympus

[Acikgoz]

The problem is not simply because of Greece's bad finances. It is linked with the EURO, you have to remember that.

There is a huge problem in Europe with the EURO, because each country is left alone, without any flexibility to adjust it's own currency to advance on exports and make their products more competitive. If you have common currency you must have a mechanism of automatically divert investments in regions that fall behind economically for one reason or another.
In fact this is what they were talking behind closed doors a couple of days ago in the EU.

But Greece knew that an uncontrolable budget deficit was a sure fire way to get into trouble, you can have the benefits of lower interest and increased investment - reason for fiddling the books in the first place - but you need fiscal prudence if you don't want to get into trouble.
Why else are the prudent Germans so against lending the money - now thanks to the dodgy finance policies we have a more unstable Germany as Merkel loses her majority.

[denizaksulu]

Don't Forget, Portugal, Spain, and even Italy are not far away from Greece's position.

The problem is not simply because of Greece's bad finances. It is linked with the EURO, you have to remember that.

There is a huge problem in Europe with the EURO, because each country is left alone, without any flexibility to adjust it's own currency to advance on exports and make their products more competitive. If you have common currency you must have a mechanism of automatically divert investments in regions that fall behind economically for one reason or another.
In fact this is what they were talking behind closed doors a couple of days ago in the EU.

Anyway it is true Greece is going to borrow about 20b Euro. How many anual budgets do you think that is? ONLY 1 YEAR!!

PS. The pseudo state gets 1billion per year from Turkey.

And how many banks dud the UK government have to buy out in the last couple of years???? probably the cost was more than wheat Greece needs to borrow.

people deliberately forget these things to suit them.

It is wasn't for the troubles in Athens, no one would have been any the wiser.

1 billion / year x 36 years is OK is it???

Plonkers

Get a fucking spell checker.

[B25]

Don't Forget, Portugal, Spain, and even Italy are not far away from Greece's position.

The problem is not simply because of Greece's bad finances. It is linked with the EURO, you have to remember that.

There is a huge problem in Europe with the EURO, because each country is left alone, without any flexibility to adjust it's own currency to advance on exports and make their products more competitive. If you have common currency you must have a mechanism of automatically divert investments in regions that fall behind economically for one reason or another.
In fact this is what they were talking behind closed doors a couple of days ago in the EU.

Anyway it is true Greece is going to borrow about 20b Euro. How many anual budgets do you think that is? ONLY 1 YEAR!!

PS. The pseudo state gets 1billion per year from Turkey.

And how many banks dud the UK government have to buy out in the last couple of years???? probably the cost was more than wheat Greece needs to borrow.

people deliberately forget these things to suit them.

It is wasn't for the troubles in Athens, no one would have been any the wiser.

1 billion / year x 36 years is OK is it???

Plonkers

Get a fucking spell checker.

Is that the best you got grandad??

Phuck off yourself.

[denizaksulu]

Don't Forget, Portugal, Spain, and even Italy are not far away from Greece's position.

The problem is not simply because of Greece's bad finances. It is linked with the EURO, you have to remember that.

There is a huge problem in Europe with the EURO, because each country is left alone, without any flexibility to adjust it's own currency to advance on exports and make their products more competitive. If you have common currency you must have a mechanism of automatically divert investments in regions that fall behind economically for one reason or another.
In fact this is what they were talking behind closed doors a couple of days ago in the EU.

Anyway it is true Greece is going to borrow about 20b Euro. How many anual budgets do you think that is? ONLY 1 YEAR!!

PS. The pseudo state gets 1billion per year from Turkey.

And how many banks dud the UK government have to buy out in the last couple of years???? probably the cost was more than wheat Greece needs to borrow.

people deliberately forget these things to suit them.

It is wasn't for the troubles in Athens, no one would have been any the wiser.

1 billion / year x 36 years is OK is it???

Plonkers

Get a fucking spell checker.

Is that the best you got grandad??

Phuck off yourself.

I did not tell you to fo. I said get an f..ing cpell checker. Nor you phuck off.

[vaughanwilliams]

Don't Forget, Portugal, Spain, and even Italy are not far away from Greece's position.

The problem is not simply because of Greece's bad finances. It is linked with the EURO, you have to remember that.

There is a huge problem in Europe with the EURO, because each country is left alone, without any flexibility to adjust it's own currency to advance on exports and make their products more competitive. If you have common currency you must have a mechanism of automatically divert investments in regions that fall behind economically for one reason or another.
In fact this is what they were talking behind closed doors a couple of days ago in the EU.

Anyway it is true Greece is going to borrow about 20b Euro. How many anual budgets do you think that is? ONLY 1 YEAR!!

PS. The pseudo state gets 1billion per year from Turkey.

I think you'll find it's closer to $500m, not 1 Billion Euro.

[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…

....to the Cypriot Mt. Olympus

I hope they like it because ours is about 1,000m shorter!

[Pyrpolizer]

Don't Forget, Portugal, Spain, and even Italy are not far away from Greece's position.

The problem is not simply because of Greece's bad finances. It is linked with the EURO, you have to remember that.

There is a huge problem in Europe with the EURO, because each country is left alone, without any flexibility to adjust it's own currency to advance on exports and make their products more competitive. If you have common currency you must have a mechanism of automatically divert investments in regions that fall behind economically for one reason or another.
In fact this is what they were talking behind closed doors a couple of days ago in the EU.

Anyway it is true Greece is going to borrow about 20b Euro. How many anual budgets do you think that is? ONLY 1 YEAR!!

PS. The pseudo state gets 1billion per year from Turkey.

I think you'll find it's closer to $500m, not 1 Billion Euro.

It was. Erdogan doubled it, a couple of years ago...

[YFred]

Don't Forget, Portugal, Spain, and even Italy are not far away from Greece's position.

The problem is not simply because of Greece's bad finances. It is linked with the EURO, you have to remember that.

There is a huge problem in Europe with the EURO, because each country is left alone, without any flexibility to adjust it's own currency to advance on exports and make their products more competitive. If you have common currency you must have a mechanism of automatically divert investments in regions that fall behind economically for one reason or another.
In fact this is what they were talking behind closed doors a couple of days ago in the EU.

Anyway it is true Greece is going to borrow about 20b Euro. How many anual budgets do you think that is? ONLY 1 YEAR!!

PS. The pseudo state gets 1billion per year from Turkey.

I think you'll find it's closer to $500m, not 1 Billion Euro.

It was. Erdogan doubled it, a couple of years ago...

Are we playing double or nothing?