Referendum: Epic bailout fail

ILW

Could be the case, from hearing comments from Greek union leaders, it does appear that they just do not get it.

Thrugelmir

Niksan wrote: »

Couldn't this just be a big gamble to try and ease the current civil unrest within Greece? When the people realise yeah, it's uber crap at the moment and then realise it could be a magnitude worse then they would be able to just get on with it?

The PM now commands less than 20% support. So its a call my bluff stance. As 75% still wish to remain in the Eurozone. Obviously the austerity measures are neccesary to do so. So at a point common sense has to prevail.

CLAPTON

seems sensible to me

if he loses then he resigns and some else takes over and the Greeks live with their decision

if he wins he has the moral authority to force through the austerity measures

either way hopefully the Greeks will see the result as broadly 'fair'.

ChiefGrasscutter

Well G-Pap has to get through a no confidence vote on Friday first.
If he fails then the referendum won't happen and there will be a general election instead.

Thrugelmir

CLAPTON wrote: »

if he loses then he resigns and some else takes over and the Greeks live with their decision

May well be vote of confidence this week. As now down to a single vote majority.

monalia

MrRee wrote: »

Anyone for some very, very, very cheap Greek properties?

Because you will be able to buy some crackers for nothing ...... dip yer bread!

A petty that their won't be any banks left to provide finance...

gailey_2

G pap confirmed attendance at g20.

Lets hope he dont sit next to sarcozy might send the little man over the edge with anger.
maybe he sit in naughty corner with cameron and berlesconni.

Its so weird hes done this yet know one knew.

surly last week he should of said

thank you for bailout offer I provisionally accept subject to referendum

Does seem weird to do it now.

bbcs acting like end of world again.
bloombergs very melodramatic too.

Find news so odd latly couldent make it up.
Not much makes sense anymore.

Thrugelmir

gailey wrote: »

bbcs acting like end of world again.

The issues that require resolution are fundamental to the stability of Europe. The bail out solves nothing. Merely buys time.

gailey_2

Thrugelmir wrote: »

The issues that require resolution are fundamental to the stability of Europe. The bail out solves nothing. Merely buys time.

Yep thats what I figured last wed,thur.
Then they announced its all great and sorted.
will buy more time until next summit/bailout.
Question is how lond do we chuck money at it.

We saying italy/greece you need to do this.
But they know even if they dont see changes through we will step in anyway as afraid will briing the euro down and spead to other countries.

CLAPTON

lovely phrase 'buying time'

time for what? to get worse? to get better? just to muddle on? to have more high profile meetings? maybe for events to happen to resolve the matter