Get Real! wrote:GreekIslandGirl wrote:How quickly you forget what Germany did to Cyprus' banks!
You mean what *Greece* did to Cypriot banks! No, I do not forget!
GreekIslandGirl wrote:Anyway, considering what the Germans
were demanding, Tsipras did pretty well to secure
this deal:
Up to €50bn (£35bn) worth of Greek assets will be transferred to a new fund, which will contribute to the recapitalisation of Greek banks. The fund will be based in Athens, not Luxembourg as the Germans had originally demanded.
So you’re excited that the Greek government has just received a
$50 billion obligatory haircut of its assets to recapitalize Greek banks (the key to the fund held by Germany from what I read elsewhere) and you consider that a win for Tsirpas?
No I am not pleased with the way the EU has been taken over by Germany and its bankers - far from it, as my gripe has been consistent - but I am pleased Tsipras has managed
to hold onto the assets in Greece rather than have the Germans move them to Luxembourg as they did with Jewish assets during WW2, never to be seen again!
Nothing is ever 100% good, but it's not 100% bad either - especially considering how afraid everyone is of the Germans.
Certainly Tsipras has exposed the level of dictatorship present in the EU - a fantastic PR exercise, if not so good for Greece. Overall, he has improved the EU and made this side transparent. Certainly he has made Cameron's job easier when he has to face the EU and ask for concessions.