A new dawn - the post bail-out Greece thread.

Mistermeaner

The only way is up

http://www.bbc.co.uk/news/business-33754005



So the Greek stockmarket opens today, with shares expected to drop 20% on opening admist fears about Greeces economy.

A buying opportunity or stay well away?

Generali

There's an old City expression: don't try to catch a falling knife.

Greece remains a massive short and does so until they default.

Loughton_Monkey

Generali wrote: »

There's an old City expression: don't try to catch a falling knife.

Greece remains a massive short and does so until they default.

.... or beware of Greeks bearing thrift.

Catching the knife may be OK. Knowing the Greeks, it isn't going to be the sharpest knife in the box!

Gangaweed

15% stock market falls, PMI dropping by 65%.

This is Socialism in power.

While Syriza may have opted not to leave the Euro, they have totally destroyed what little confidence in Greece that remained meaning that all the talk of leaving the Euro is becoming a self fulfilling prophecy.

Thrugelmir

A new dawn or a battered old can kicked further down the road...........

Generali

It looks like another bailout could be on the cards:

http://www.telegraph.co.uk/finance/markets/11782042/Greek-stock-markets-slide-for-second-day.html

Thrugelmir

Gangaweed wrote: »

15% stock market falls, PMI dropping by 65%.

Banks down 30%. So the wider economy has already been well written down already.

CLAPTON

Greek air controllers are holding a strike today with more scheduled for Thursday / Friday

Corbyn has previously said the UK ought to help the Greek people : maybe he could ask his union mates to pop over and advise on how to cause max disruption at the height of the tourist season

Mistermeaner

But how would they get there?

Thrugelmir

CLAPTON wrote: »

Greek air controllers are holding a strike today with more scheduled for Thursday / Friday

What with the French at Calais. This summer is turning out well for the British Tourist industry.

Dansmam

Comes down to fundamentals. If I can help you I will. And trust you to help me when I need help. It's not socialism it's being a decent human being. Where are the good people on this thread?