Syriza to get majority in Greece.

[L00b 441]

You can't imagine anyone with any sense having any savings in a Greek bank, can you?

 

Mine would be have been under the bed, or abroad long ago.

<nvm, editing & web connection must have gone funny @ 16:55 & I'm on iPad now, not retyping > Edited July 13, 2015 by L00b

[drummonds 10]

You can't imagine anyone with any sense having any savings in a Greek bank, can you?

 

Mine would be have been under the bed, or abroad long ago.

 

that must be a bit tricky for anyone who gets paid directly into their bank account, which is probably all civil servants, public sector workers, pensioners and anyone getting benefits.

Edited July 13, 2015 by drummonds

[Harrystottle 10]

So the Greeks have accepted austerity in perpetuity. Five years down the line from the start of the crisis and they are worse off than ever.

 

At least this has shown that it is the Germans in charge of Europe, much as the French like to believe that the EU is their baby.

[tzijlstra 11]

So the Greeks have accepted austerity in perpetuity. Five years down the line from the start of the crisis and they are worse off than ever.

 

At least this has shown that it is the Germans in charge of Europe, much as the French like to believe that the EU is their baby.

 

Worse off than ever, maybe, as bad off as they could have been? Definitely not.

[The Joker 10]

So the Greeks have accepted austerity in perpetuity. Five years down the line from the start of the crisis and they are worse off than ever.

 

the Greeks should have held their nerve and held out for greater concessions from Mr Angela Merkel.

 

Does ANYBODY out there believe they will ever pay back the €240 billion?

 

I'm hoping the Greeks default again and bring ze germanese down to size.

[JFKvsNixon 11]

So the Greeks have accepted austerity in perpetuity. Five years down the line from the start of the crisis and they are worse off than ever.

 

At least this has shown that it is the Germans in charge of Europe, much as the French like to believe that the EU is their baby.

 

Compared to their previous policy of borrowing money to fund generous state benefits combined with a poor tax collection record, what choice is there but to accept austerity?

[drummonds 10]

Compared to their previous policy of borrowing money to fund generous state benefits combined with a poor tax collection record, what choice is there but to accept austerity?

 

thats pretty much the options that faced the uk in 2010.

[apelike 10]

that must be a bit tricky for anyone who gets paid directly into their bank account, which is probably all civil servants, public sector workers, pensioners and anyone getting benefits.

 

Not really as people can either opt-out of having a bank account or withdraw the money as soon as its paid in.

 

People on benefits and also pensioners do not have to have bank accounts either.

[drummonds 10]

Not really as people can either opt-out of having a bank account or withdraw the money as soon as its paid in.

 

People on benefits and also pensioners do not have to have bank accounts either.

 

that would be pretty difficult as we are discussing greece and the greek people being paid by the greek government into greek banks that the greek government have told to restrict the amount of money the banks allow the greek people to withdraw. uk law does not apply in greece . other than that little detail and you might be spot on if it occured here.

[geared 321]

that must be a bit tricky for anyone who gets paid directly into their bank account, which is probably all civil servants, public sector workers, pensioners and anyone getting benefits.

 

Don't they have HSBC, or Santander or something over there??

[apelike 10]

that would be pretty difficult as we are discussing greece and the greek people being paid by the greek government into greek banks that the greek government have told to restrict the amount of money the banks allow the greek people to withdraw. uk law does not apply in greece . other than that little detail and you might be spot on if it occured here.

 

Yes you are right, my fault as I misread the post..

 

But, this is a warning of what can happen even in the UK and a prime example of why people should diversify and not have all their eggs in one basket.

[drummonds 10]

Yes you are right, my fault as I misread the post..

 

But, this is a warning of what can happen even in the UK and a prime example of why people should diversify and not have all their eggs in one basket.

 

i agree. what it has taught me is the guarantee on bank accounts isn't worth a light. a bit of gold hidden away can be a handy commodity.