Cyprus-Forum.com

[Paphitis]

GIG said:

"the right wing press vehemently opposing "

Well you need to take a look at the newspapers that support the YES vote, leading LEFT wing dailies like Ta Nea, Ethnos, and Sunday Vima are pro YES.

The far right wind press are in fact in favor of NO. Syriza is flanked by the far right ANEL, its governement partner, and the nazi lot of Golden Dawn.

Former LEFT wing premiers Simitis, Papandreou, support the YES vote.

LEFT wing mayor of Thessaloniki (population 2 million) Boutaris, plus the mostly LEFT wing regional governors' association came out in favor of YES as did the mostly LEFT wing local government leaders. Athen (population 4 million) mayor Kaminis is pro YES, but he is center right and he does not count.

Indicative of the press situation here is the treatment of the ATM ques. They were front page in ALL newspapers today EXCEPT Avgi, the Syriza official mouthpiece. They did not even include practical info on the ATMs such as having to type the sum 60, since our ATMs are programmed in sums of 40, 80, 120 etc and the current limit is 60 which has to be typed in the "other sums" card. Older people have a hard time figuring it out.

Syriza is NOT left wing, it is a crypto stalinist cadre and as such it attracts people of that philosophy, who see any opposing view as "germanotsolias", "dosilogos" and "fifth columnist" and are unable to ever accept responsibility for their plans and choices. Their objective is not in or out of the Euro, that is irrelevant to their plans for regime change in Greece.

Italian premier Renci is a personal friend of Tsipras, yet today he came out with a warning that a NO vote would automatically exclude Greece from the Eurozone. Our own Georgiadis avoids any contact with his Greek counterpart, does that not make you wonder why?

Baroufakis was touted as a grand master of game theory. Look up the interview of game theory founder Nashe clearly rejecting his own theory as a basis of meaningful negotiation. No wonder the Baroufakis approach failed to reach a deal after 117 days of game theorising.

Nikita, you need to look at the foreign press in other EU countries as well as outside of the EU. Maybe if you focused on these reports then your outlook might change.

So much shit and vitriol.

Most of Syriza's support was derived from long time supporters of PASOK but in addition there were many ND supporters who voted for Syriza's because they wanted a new path. This indicates that millions were not happy with the old known establishments of PASOK and ND because life is quite tough and they blame this on them.

[Lordo]

a bit of bad news boys and girls, greace will need another 50 billion in the next 3 years to stabilize. god help them.

http://www.bbc.co.uk/news/world-europe-33373390

[Paphitis]

a bit of bad news boys and girls, greace will need another 50 billion in the next 3 years to stabilize. god help them.

http://www.bbc.co.uk/news/world-europe-33373390

That's actually nothing in the bigger picture.

Not only will it be easy for them to get the 50 billion but the economy will enter a boom phase especially with the Drachma. GDP has gone down by 30%. It will go up by at least that in the next 5 years but it will all go to the lenders if Greece caves in.

If they hold their nerve then Greece will do an Iceland and Argentina.

[repulsewarrior]

U.S. foreign policy is not in the interests of the American public. (The State Department aren't. The ‘Defense' Department aren't. The CIA aren't.) It's a private matter, controlled by the aristocrats who, as a result of their private deals, place their ‘public servants' in office, in their ‘democracy,' dictating to the entire world (excepting perhaps Russia, China, and the other BRICS countries).

http://imf.einnews.com/article/27318998 ... 7A0z27C94Z

IMF violates IMF rules

...we were talking about the Ukraine somewhere.

[Nikitas]

I once asked a Greek politician how it would be if Bill Gates had chosen Greece to start his empire. Nope, not possible, we would never allow two youngsters to start a business in their parents garage, they must have proper registered premises, he said and smiled. And that anti creativity attitude is the problem. Not foreigners.

[GreekIslandGirl]

I just contributed to the Greek bail out fund.

https://www.indiegogo.com/greek-bailout-fund.html

Yes, good, well done, Max. And I've also suggested to them to donate the money to Greece even if they don't make their target - I don't want it returned (neither do I want the *item*).

Good luck.

[Oceanside50]

I once asked a Greek politician how it would be if Bill Gates had chosen Greece to start his empire. Nope, not possible, we would never allow two youngsters to start a business in their parents garage, they must have proper registered premises, he said and smiled. And that anti creativity attitude is the problem. Not foreigners.

How long does it take to create a corporation in Greece?

[Nikitas]

Count on a minimum of six weeks if all your "excuse papers" (dikaiologitika) are in order and the local tax office is with it, otherwise it can take six months.

Then you have the other peculiarities. No registered office facility at your accountants office. There must be separate premises. The account books must be at these premises always, which means accountants are a travelling show going from client to client to keep books.

Accountants by the way are not the prestigious profession they are elsewhere, they are treated as mere book keepers, their signature means FA.

Most activities require a mandatory "environmental impact study" even those that are in specially designated state run industrial parks the creation of which was based on an impact study.

Winding up a company takes years, since tax matters remain pending for ten years. In the case of corporations limited by shares the winding up administrator becomes personally liable for any debt created by the board, which mean that very few people are willing to take on the task.

A friend who imports small mechanical devices wanted to set up a workshop to examine warranty returns. He specified that only hand tools would be used. The ministry of industry mandated a study by a mechanical engineer and my friend paid 2000 Euros for a study that said that screw derivers do not operate electrically and have no horse power rating.

This aint the way to run a railroad.

[Paphitis]

Count on a minimum of six weeks if all your "excuse papers" (dikaiologitika) are in order and the local tax office is with it, otherwise it can take six months.

Then you have the other peculiarities. No registered office facility at your accountants office. There must be separate premises. The account books must be at these premises always, which means accountants are a travelling show going from client to client to keep books.

Accountants by the way are not the prestigious profession they are elsewhere, they are treated as mere book keepers, their signature means FA.

Most activities require a mandatory "environmental impact study" even those that are in specially designated state run industrial parks the creation of which was based on an impact study.

Winding up a company takes years, since tax matters remain pending for ten years. In the case of corporations limited by shares the winding up administrator becomes personally liable for any debt created by the board, which mean that very few people are willing to take on the task.

A friend who imports small mechanical devices wanted to set up a workshop to examine warranty returns. He specified that only hand tools would be used. The ministry of industry mandated a study by a mechanical engineer and my friend paid 2000 Euros for a study that said that screw derivers do not operate electrically and have no horse power rating.

This aint the way to run a railroad.

It takes 6 months to get a RoC Birth Certificate if the child was born in the Diaspora.

I was once looking at buying a going concern in Greece, and was advised by a good friend of my wife who runs a PR firm to bail on the deal. I was going to buy a Hotel in a tourist area and look at moving to Greece for semi retirement.

I am still looking at the option as the same Hotel is still up for sale and has been for sale for nearly 2 years.

[GreekIslandGirl]

Proof that Lagarde was wrong and should be sacked if she doesn't do the honourable thing and resign!

Someone with some common sense has gone above her head and intervened, which contradicts her stance that made the call for a referendum necessary:

According to the IMF, Greece should have a 20-year grace period before making any debt repayments and final payments should not take place until 2055. It would need €10bn to get through the next few months and a further €50bn after that.

The Greek prime minister Alexis Tsipras welcomed the IMF’s intervention saying in a TV interview that what the IMF said was never put to him during negotiations.

http://www.theguardian.com/business/201 ... 50bn-euros