ewerk 31195 Posted February 25, 2015 Share Posted February 25, 2015 They've banned all professional football in the country. Succeeding where Thatcher failed. Link to comment Share on other sites More sharing options...
Monkeys Fist 43063 Posted February 25, 2015 Share Posted February 25, 2015 Greece: Government suspends professional football after violence http://www.bbc.co.uk/sport/football/31627613 Link to comment Share on other sites More sharing options...
Kitman 2207 Posted February 25, 2015 Share Posted February 25, 2015 I recall someone saying to me years ago that the British and the Germans are the only member nations who actually follow the EU rules. Dunno if that was just jingoistic pub talk but will be interesting to see if the promised Greek reforms are just hot air... Link to comment Share on other sites More sharing options...
Gemmill 46023 Posted March 11, 2015 Share Posted March 11, 2015 Tsipras is demanding £112bn from the Germans for WW2 reparations. Link to comment Share on other sites More sharing options...
The Fish 10963 Posted March 11, 2015 Share Posted March 11, 2015 good luck Agamemnon Link to comment Share on other sites More sharing options...
Anorthernsoul 1221 Posted April 7, 2015 Share Posted April 7, 2015 https://news.vice.com/article/athens-wants-germany-to-cough-up-300-billion-as-repayment-for-the-nazi-occupation-of-greece?utm_source=vicenewsfb Link to comment Share on other sites More sharing options...
The Fish 10963 Posted April 8, 2015 Share Posted April 8, 2015 They'll be after our prized collections of marble antiquities next, the cheeky blighters Link to comment Share on other sites More sharing options...
PaddockLad 17643 Posted May 7, 2015 Share Posted May 7, 2015 http://www.independent.co.uk/news/business/news/is-the-mystery-woman-in-pulps-common-people-really-the-greek-finance-ministers-wife-10232324.html Link to comment Share on other sites More sharing options...
Anorthernsoul 1221 Posted May 25, 2015 Share Posted May 25, 2015 Fucked. http://www.theguardian.com/world/2015/may/24/greece-warns-it-is-set-to-default-on-debt-repayment-loans Link to comment Share on other sites More sharing options...
Park Life 71 Posted May 25, 2015 Author Share Posted May 25, 2015 (edited) Says Europe needs a development bank. The vultures won't like that. They like the game of fake loans and comission and interest. Edited May 25, 2015 by Park Life Link to comment Share on other sites More sharing options...
Anorthernsoul 1221 Posted May 31, 2015 Share Posted May 31, 2015 http://www.independent.co.uk/news/world/europe/greece-suffering-as-insecurity-surrounding-debt-crisis-kills-businesses-across-the-country-10287095.html Link to comment Share on other sites More sharing options...
Park Life 71 Posted May 31, 2015 Author Share Posted May 31, 2015 Leave the euro and take the hit and rebuild. Prepare the population for 3-5 years of pain. Don't privatise and sell of all the assets or any such shit like that. Link to comment Share on other sites More sharing options...
Anorthernsoul 1221 Posted June 2, 2015 Share Posted June 2, 2015 https://news.vice.com/article/greek-pm-says-the-ball-is-now-in-europes-court-as-time-runs-out-to-avoid-default?utm_source=vicenewsfb Link to comment Share on other sites More sharing options...
Gemmill 46023 Posted June 2, 2015 Share Posted June 2, 2015 "After submitting a proposal for a deal last night to institutions, we are not waiting for them to submit their own plan back to us," Tsipras told reporters. "Greece is the one that submits the plan." Tsipras having his "I am the one who knocks" moment. Link to comment Share on other sites More sharing options...
ewerk 31195 Posted June 5, 2015 Share Posted June 5, 2015 They've missed a payment! Link to comment Share on other sites More sharing options...
Gemmill 46023 Posted June 5, 2015 Share Posted June 5, 2015 Aye they've got the money apparently, but this is a show of defiance after the 5 page ultimatum proposal they got from their creditors this week. Link to comment Share on other sites More sharing options...
Rob W 0 Posted June 7, 2015 Share Posted June 7, 2015 Risky game they're playing - and the way they are going abut it means Greece will be ignored in any future EU discussion for the next 20 years Link to comment Share on other sites More sharing options...
Park Life 71 Posted June 17, 2015 Author Share Posted June 17, 2015 It's on. We're at Vanishing point. Hope those UK bank stress tests were for real.... Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted June 17, 2015 Share Posted June 17, 2015 I've been running models of drachma priced product in the EU supply chain. Messy. Greek wholesalers just need to over order, then truck the surplus back to euro countries and the profit margin = the interim currency devaluation minus the undercut of the euro distributors. Fucks sake. Link to comment Share on other sites More sharing options...
ewerk 31195 Posted June 18, 2015 Share Posted June 18, 2015 Surely the Grexit would also see them leaving the EU? Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted June 18, 2015 Share Posted June 18, 2015 Don't think so, leaving the Euro yes but not sure why they would be kicked out of the region. If the currency rapidly devalues, the issue is pricing of products already in the supply chain. Even if they then have to pay duties to bring products back into the region, a rapidly devaluing currency makes the Greek supply massively cheaper. Its like short selling basically. Link to comment Share on other sites More sharing options...
Alex 35571 Posted June 18, 2015 Share Posted June 18, 2015 Risky game they're playing - and the way they are going abut it means Greece will be ignored in any future EU discussion for the next 20 years Just like the UK then. Link to comment Share on other sites More sharing options...
ewerk 31195 Posted June 18, 2015 Share Posted June 18, 2015 Don't think so, leaving the Euro yes but not sure why they would be kicked out of the region. If the currency rapidly devalues, the issue is pricing of products already in the supply chain. Even if they then have to pay duties to bring products back into the region, a rapidly devaluing currency makes the Greek supply massively cheaper. Its like short selling basically. Well their own central bank has warned that an EU exit is likely should they leave the Eurozone so I'm guessing it's certainly a possibility. I'm not even going to pretend to understand the intricacies of international pharmaceutical pricing but in the long term can't you agree pricing in Euros with the Greeks taking the risk on currency fluctuations? Plus I'm guessing that an EU exit would mean huge tariffs on any attempt by the Greeks to undercut European suppliers. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted June 18, 2015 Share Posted June 18, 2015 Doesnt help the devaluation. Its not just my market, its any export market. Take a car worth 25k euros. Say 1 euro = 500 drachma. The car costs the Greek purchaser 12.5m Drachma which he will have to use to purchase the car in euros. Now the exchange rate goes to 1 euro = 1000 drachma (very likely). Now you sell the car back to Europe. If you sell it at 12.5m drachma, the cost to the European purchaser is now 12.5k euros or half price. Fuck, basically. Link to comment Share on other sites More sharing options...
Alex 35571 Posted June 18, 2015 Share Posted June 18, 2015 Regarding the important stuff, will holidaying in the Greek Isles be cheaper? Link to comment Share on other sites More sharing options...
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