Lordo wrote:bankers clutches my left foot. if the banks did not lend them the money they would be starving now. time for reckoning is near now. they have two weeks left and it will be back to the dachma and everybody will be hit
What's dachma?
Lordo wrote:bankers clutches my left foot. if the banks did not lend them the money they would be starving now. time for reckoning is near now. they have two weeks left and it will be back to the dachma and everybody will be hit
kurupetos wrote:Lordo wrote:bankers clutches my left foot. if the banks did not lend them the money they would be starving now. time for reckoning is near now. they have two weeks left and it will be back to the dachma and everybody will be hit
What's dachma?
Greece's central bank has warned for the first time that the country could be on a "painful course" towards default and exit from the eurozone.
It comes as the Greek government and its international creditors blamed each other for failing to reach a deal over economic reforms.
That failure is holding up the release €7.2bn in bailout funds.
About €30bn was withdrawn from Greek bank deposits between October and April, the central bank added.
The central bank also warned the country's economic slowdown would accelerate without a deal.
"Failure to reach an agreement would... mark the beginning of a painful course that would lead initially to a Greek default and ultimately to the country's exit from the euro area and, most likely, from the European Union," the Bank of Greece said in a report.
supporttheunderdog wrote:latest news
http://www.bbc.com/news/business-33164924Greece's central bank has warned for the first time that the country could be on a "painful course" towards default and exit from the eurozone.
It comes as the Greek government and its international creditors blamed each other for failing to reach a deal over economic reforms.
That failure is holding up the release €7.2bn in bailout funds.
About €30bn was withdrawn from Greek bank deposits between October and April, the central bank added.
The central bank also warned the country's economic slowdown would accelerate without a deal.
"Failure to reach an agreement would... mark the beginning of a painful course that would lead initially to a Greek default and ultimately to the country's exit from the euro area and, most likely, from the European Union," the Bank of Greece said in a report.
I do not gloat or rejoice over this news, because I have no desire to see the ordinary Greek suffer as they no doubt will if this comes to pass...
Austrian chancellor: I stand by the Greek people
German Vice Chancellor, Economy and Energy Minister Sigmar Gabriel (L), Austria’s Chancellor Werner Faymann (C) and European Parliament president Martin Schulz (R) speak during a gathering at the city hall in Evry, outside Paris, on June 2, 2015.
The Austrian Chancellor has issued a strong declaration of solidarity with Greece, hours before meeting Greek prime minister Alexis Tsipras in Athens later today.
Werner Faymann told Austrian broadcaster ORF that Greece should be given more support, given the extent of the damage suffered by its people since the debt crisis began.
Faymann criticised some of the measures which Greece’s lenders - the IMF, ECB and EC - are demanding, saying:
“I know there were a number of proposals, also from the institutions, that I also don’t find in order.”
Werner Faymann has already repeated his call for Europe to support Greece, saying:
“For Europe to be stronger, it must show solidarity and support to any country which needs it.”
That follows Faymann’s warning this morning that Greece’s creditors are making some unacceptable demands on the country’s people:
GreekIslandGirl wrote:supporttheunderdog wrote:latest news
http://www.bbc.com/news/business-33164924Greece's central bank has warned for the first time that the country could be on a "painful course" towards default and exit from the eurozone.
It comes as the Greek government and its international creditors blamed each other for failing to reach a deal over economic reforms.
That failure is holding up the release €7.2bn in bailout funds.
About €30bn was withdrawn from Greek bank deposits between October and April, the central bank added.
The central bank also warned the country's economic slowdown would accelerate without a deal.
"Failure to reach an agreement would... mark the beginning of a painful course that would lead initially to a Greek default and ultimately to the country's exit from the euro area and, most likely, from the European Union," the Bank of Greece said in a report.
I do not gloat or rejoice over this news, because I have no desire to see the ordinary Greek suffer as they no doubt will if this comes to pass...
How many years has the BBC been reporting an imminent "Grexit"? More of the same - Cameron about to capitalise on this matter to suit his MOUNTING self-created EU problems. What did he do last time he was caught having to explain a mess-up? He invaded Libya! Keep an eye on crazy-Cameron, for sure.
Anyway, there are MORE Europeans behind Greece than there are supporters of Britain...Austrian chancellor: I stand by the Greek people
German Vice Chancellor, Economy and Energy Minister Sigmar Gabriel (L), Austria’s Chancellor Werner Faymann (C) and European Parliament president Martin Schulz (R) speak during a gathering at the city hall in Evry, outside Paris, on June 2, 2015.
The Austrian Chancellor has issued a strong declaration of solidarity with Greece, hours before meeting Greek prime minister Alexis Tsipras in Athens later today.
Werner Faymann told Austrian broadcaster ORF that Greece should be given more support, given the extent of the damage suffered by its people since the debt crisis began.
Faymann criticised some of the measures which Greece’s lenders - the IMF, ECB and EC - are demanding, saying:
“I know there were a number of proposals, also from the institutions, that I also don’t find in order.”Werner Faymann has already repeated his call for Europe to support Greece, saying:
“For Europe to be stronger, it must show solidarity and support to any country which needs it.”
That follows Faymann’s warning this morning that Greece’s creditors are making some unacceptable demands on the country’s people:
The Guardian
supporttheunderdog wrote:GreekIslandGirl wrote:supporttheunderdog wrote:latest news
http://www.bbc.com/news/business-33164924Greece's central bank has warned for the first time that the country could be on a "painful course" towards default and exit from the eurozone.
It comes as the Greek government and its international creditors blamed each other for failing to reach a deal over economic reforms.
That failure is holding up the release €7.2bn in bailout funds.
About €30bn was withdrawn from Greek bank deposits between October and April, the central bank added.
The central bank also warned the country's economic slowdown would accelerate without a deal.
"Failure to reach an agreement would... mark the beginning of a painful course that would lead initially to a Greek default and ultimately to the country's exit from the euro area and, most likely, from the European Union," the Bank of Greece said in a report.
I do not gloat or rejoice over this news, because I have no desire to see the ordinary Greek suffer as they no doubt will if this comes to pass...
How many years has the BBC been reporting an imminent "Grexit"? More of the same - Cameron about to capitalise on this matter to suit his MOUNTING self-created EU problems. What did he do last time he was caught having to explain a mess-up? He invaded Libya! Keep an eye on crazy-Cameron, for sure.
Anyway, there are MORE Europeans behind Greece than there are supporters of Britain...Austrian chancellor: I stand by the Greek people
German Vice Chancellor, Economy and Energy Minister Sigmar Gabriel (L), Austria’s Chancellor Werner Faymann (C) and European Parliament president Martin Schulz (R) speak during a gathering at the city hall in Evry, outside Paris, on June 2, 2015.
The Austrian Chancellor has issued a strong declaration of solidarity with Greece, hours before meeting Greek prime minister Alexis Tsipras in Athens later today.
Werner Faymann told Austrian broadcaster ORF that Greece should be given more support, given the extent of the damage suffered by its people since the debt crisis began.
Faymann criticised some of the measures which Greece’s lenders - the IMF, ECB and EC - are demanding, saying:
“I know there were a number of proposals, also from the institutions, that I also don’t find in order.”Werner Faymann has already repeated his call for Europe to support Greece, saying:
“For Europe to be stronger, it must show solidarity and support to any country which needs it.”
That follows Faymann’s warning this morning that Greece’s creditors are making some unacceptable demands on the country’s people:
The Guardian
But the BBC are NOT reporting on the Greek exit per se but on comments by the Governor of the Greek Central Bank, Yannis Stournaras, to the Greek Parliament that Greece might painfully exit both the Euro and the EU...now if the Greek central bank is looking at that as a possibility I would give it some credence...
BTW the BBC also reports Mr Faymann's comments while the Guardian is also reporting those of Mr Stournaras so do not try to label the label it as BBC anti-Greek propaganda,
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