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Greece...

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Comments

  • pqrdef
    pqrdef Posts: 4,552 Forumite
    ILW wrote: »
    UK is not expecting to be bailed out whilst knocking it's creditors so not entirely relevant to the discussion regarding Greece.
    The UK has a charmed life. Not for the first time, we're living on a credit rating we don't deserve. If that slips, we'll be banging at the door of the IMF, because our financial situation is the worst of any major country.
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Christine Lagarde has given an interview to the Guardian which gives Greece very short shrift. Widely quoted in other papers today.

    http://www.guardian.co.uk/world/2012/may/25/christine-lagarde-imf-euro?newsfeed=true

    Extract:

    So when she studies the Greek balance sheet and demands measures she knows may mean women won't have access to a midwife when they give birth, and patients won't get life-saving drugs, and the elderly will die alone for lack of care – does she block all of that out and just look at the sums?

    "No, I think more of the little kids from a school in a little village in Niger who get teaching two hours a day, sharing one chair for three of them, and who are very keen to get an education. I have them in my mind all the time. Because I think they need even more help than the people in Athens." She breaks off for a pointedly meaningful pause, before leaning forward.

    "Do you know what? As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time. All these people in Greece who are trying to escape tax."

    Even more than she thinks about all those now struggling to survive without jobs or public services? "I think of them equally. And I think they should also help themselves collectively." How? "By all paying their tax. Yeah."
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • ILW
    ILW Posts: 18,333 Forumite
    I find her quite impressive.
  • D.Telegraph is today quoting a rumour from Bank of Tokyo-Mitsuibishi that they (the bank) expect a Greece exit from the euro over the weekend of 2/3 June.
  • worldtraveller
    worldtraveller Posts: 14,013 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    D.Telegraph is today quoting a rumour from Bank of Tokyo-Mitsuibishi that they (the bank) expect a Greece exit from the euro over the weekend of 2/3 June.

    A weekend would pretty much be a certainty, if an exit were to happen. They have an extended weekend then with the Whit Monday holiday.
    There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...
  • Mrs_Bones
    Mrs_Bones Posts: 15,524 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    D.Telegraph is today quoting a rumour from Bank of Tokyo-Mitsuibishi that they (the bank) expect a Greece exit from the euro over the weekend of 2/3 June.

    That would be before they got to hold the next election, how would that work with only a caretaker government in charge.
    [FONT=&quot]“I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” ~ Maya Angelou[/FONT][FONT=&quot][/FONT]
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    ILW wrote: »
    I find her quite impressive.

    Yes she's a breath of fresh air for speaking her mind.Actually telling the Greek's to get off their @rses and start paying their Taxes :money:Good for her!
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    vivatifosi wrote: »
    "Do you know what? As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time."
    Woman-in-the-street to TV reporter: "After I've paid my mortgage, I've got 160 euros a month to live on. No I don't pay my taxes."

    I suppose the mortgage interest rate went up more than she expected. But she could always default on her debts to pay her taxes. And I believe there's no property tax on a cardboard box yet.
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • ILW
    ILW Posts: 18,333 Forumite
    pqrdef wrote: »
    Woman-in-the-street to TV reporter: "After I've paid my mortgage, I've got 160 euros a month to live on. No I don't pay my taxes."

    I suppose the mortgage interest rate went up more than she expected. But she could always default on her debts to pay her taxes. And I believe there's no property tax on a cardboard box yet.

    She needs to live within her means, and taxes are a part of everyday expenses.

    If you cannot pay your mortgage and taxes, your mortgage is more than you can afford.

    Sort of sums up the Greek attitude of taxes somehow being optional and something you only pay if it won't hurt too much.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    ILW wrote: »
    Sort of sums up the Greek attitude of taxes somehow being optional and something you only pay if it won't hurt too much.

    Just sounds like they dont get as much help as UK people do. Its a bit absolute between pay tax or nothing
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