Cyprus-Forum.com

[CrookedRiverGuy]

Wages in Greece were always low

You meant official wages, right?

http://jalopnik.com/5854960/there-are-m ... fford-them

Why don't you get some figures for the actual number of Porsches in Greece because I've only ever seen a few ... owned by sun-seeking Germans!

Your protagonism is really childish.

[GreekIslandGirl]

Wages in Greece were always low

You meant official wages, right?

http://jalopnik.com/5854960/there-are-m ... fford-them

Why don't you get some figures for the actual number of Porsches in Greece because I've only ever seen a few ... owned by sun-seeking Germans!

Your protagonism is really childish.

And your propaganda peddling is what?

Next time, at least get an article which has been written by someone who can be bothered to find a Greek registered Porsche before spouting such nonsense.

(Besides, we know how much Germany has been peddling cheap loans for her cars all over Europe etc, don't we though?)

[CrookedRiverGuy]

(Besides, we know how much Germany has been peddling cheap loans for her cars all over Europe etc, don't we though?)

Hahaha - if you think this is the reason for the financial crisis in Greece, you're really lost. Your protagonism certainly is really childish!

[GreekIslandGirl]

(Besides, we know how much Germany has been peddling cheap loans for her cars all over Europe etc, don't we though?)

Hahaha - if you think this is the reason for the financial crisis in Greece, you're really lost. Your protagonism certainly is really childish!

Found some propaganda to turn the German-registered Porsche into a Greek one yet?

Cheap loans? Of course not. That's been the scourge of the UK.

[supporttheunderdog]

Wages in Greece were always low

You meant official wages, right?

http://jalopnik.com/5854960/there-are-m ... fford-them

Why don't you get some figures for the actual number of Porsches in Greece because I've only ever seen a few ... owned by sun-seeking Germans!

Lol

Even the one in the photo of your article has a German registration number plate.

Propaganda peddling again.

The chances are that any Greek Rich enough to own a Porche will find a way to register it outside of Greece so its stays below the radar of the Greek Authorities - particularly with the tax man looking at assets held against official income, and owning a pricey car could on small wages vould lead to a big tax bill - .

[Sotos]

Here we go again... The Greek haters turning another thread into an anti-Greece thread. Why shouldn't the Greeks own Porches? I've been to many cities around the world and I often saw Porches and other expensive cars passing from roads were homeless people are sleeping on the pavements. That is what capitalism is all about.

[yialousa1971]

Wages in Greece were always low

You meant official wages, right?

http://jalopnik.com/5854960/there-are-m ... fford-them

Why don't you get some figures for the actual number of Porsches in Greece because I've only ever seen a few ... owned by sun-seeking Germans!

Lol

Even the one in the photo of your article has a German registration number plate.

Propaganda peddling again.

He's an Anglo so what do you expect.

[yialousa1971]

Forget the media hype,about Greece and Cyprus leaving the euro, that's not going to happen. Speculators make billions on hype. They've been making billions for the past 4 years and even trillions. Note the price of euro three months ago compared to the dollar and today there's enough Of a gap to make a profit. Governments may even do it. The euro is here to stay. Cyprus ain't leaving the euro and neither will Greece. Hydrocarbons in both these countries will ultimately strenghthen the euro significantly in the future, through infrastructure building and domestic consumption.(Dutch desease) Why would these two countries be allowed to leave the eu when ultimately they will be used to strengthen the euro. Isn't it odd that over and over the story is the same that bank is going under this government can't pay it's debt and then somehow someway things are smoothed over money found and the day is saved and in few days forgotten, until it's time to do it again.

That's why the Anglo's never joined the Euro, how else would they make their money. Being Speculators the Euro was just another free ride for them.

[supporttheunderdog]

Here we go again... The Greek haters turning another thread into an anti-Greece thread. Why shouldn't the Greeks own Porches? I've been to many cities around the world and I often saw Porches and other expensive cars passing from roads were homeless people are sleeping on the pavements. That is what capitalism is all about.

nothing wrong at all in Greeks owning Porsches.....or anything else.....I know one Greek who owns two....

It was however GiG who derailed th thread with comments about Greece, when the topic is Cyprus following a remak by the leader of AKEL suggesting Cyprus might leave the Euro.

I neither predict nor promote a Cypriot exit. but if a senior politico raises the issue we'd be fools not to look at the risks that flow the options of staying in or leaving.

[cyprusgrump]

After a brief hiatus, Speigel is saying that we are back to where we started with Greece. This is after the €11.5 billion deficit had first expanded to some €14 billion and, over the weekend, has been claimed to top €20 billion.

It was, of course, in October 2009 that the Greek deficit was suddenly found to be much greater than originally forecast, and now we are going through exactly the same process.

Yet, although the Greek deficit is nearly twice what it originally forecast, there is no chance that it can impose enough spending cuts to cover the gap. And, despite that, it still needs the €31-billion tranche of the bailout funds to avoid a plunge into uncontrolled bankruptcy.

Closing the gap, however, was a condition on which the release of new funds was based., leaving the eurozone countries to decide whether they dip their hands in their pockets again, or finally dump Greece.

So it is that rumours are intensifying to the effect that Greece will be given more time to implement its cuts. But even that can't be assured. As it stands, there is no agreement on how much the Greek deficit actually is, or when a definitive figure will be available. Even the Troika report has been further delayed.

The chances are, therefore, that a decision will be required on releasing funds to Greece before the extent of indebtedness is known, adding to the growing unreality of this non-crisis. If there were any sense here, the money men would be heading for the hills.

Instead, there does seem to be a determination not to have a crisis, adding fuel to the other set of rumours, that the lid is being kept on the mess until after the US presidential elections. If there is any truth in that, we have a crisis on hold – the fun has yet to come.

From here.