Greece...

Generali

The tanks are protection against a Turkish invasion, Turkey being a fellow NATO member of course.

Thrugelmir

Generali wrote: »

The tanks are protection against a Turkish invasion, Turkey being a fellow NATO member of course.

Turkey isn't stable politically. Also it borders the wild east.

Events across Saudi, Yemen and Qatar suggest there's a real undercurrent developing between religous sects. That ISIS is tapping into.

antrobus

buglawton wrote: »

When Russia financially annexes Greece, the usage of those tanks will become interesting.

Russia has 15,000 tanks.

Isn't that enough?

buglawton

antrobus wrote: »

Russia has 15,000 tanks.

Isn't that enough?

It's not the size of the fleet that matters, it's where you park 'em!

antrobus

buglawton wrote: »

It's not the size of the fleet that matters, it's where you park 'em!

There are better places to park 'em than Greece.

antrobus

In other news, the NYT reports that as a result of capital controls, cargo containers are beginning to pile up on the docks at Piraeus, whilst some businesses have resorted to sending people on day trips with suitcases stuffed full of cash to pay foreign suppliers, in order to sidestep said controls.

http://www.nytimes.com/2015/07/10/business/international/deal-or-no-deal-greece-faces-a-difficult-aftermath.html

purch

Graham_Devon wrote: »

So how do people think this is going to end?

Like most threads it will just drift into obscurity as posters get bored with it, only to suddenly be resurrected for no good reason, when somebody thinks they can score a cheap shot over another poster.

Graham_Devon

Schauble has now stated that the Greek debt is not sustainable without a haircut, and he agrees with the IMF.

However, he also states that there is no way they can actually do that.

Maybe this is a sign of something to come? Can Schauble now agree to lend more even though he agrees the existing debt is not sustainable? Or is it a sign of something else?

remorseless

Shouldn't be the referendum been on this latest chestnut?

€13bn of fresh austerity...

This story gets better and better - looks like for the next few years we will forget about Greece till next 'crisis'! No finale yet, so much suspense!!!!

Aberdeenangarse

remorseless wrote: »

Shouldn't be the referendum been on this latest chestnut?



This story gets better and better - looks like for the next few years we will forget about Greece till next 'crisis'! No finale yet, so much suspense!!!!

And this.....................

The irony has not been lost on anyone - even though governing MPs are making light of it - that after the Greeks’ resounding rejection of further biting austerity at the weekend, prime minister Alexis Tsipras has with lightning speed now agreed to put his name to the most punitive austerity package any government has been asked to implement during the five years of economic crisis in Greece.