Greece can’t introduce their own currency and are just fucked. The transfer of assets demanded is audacious. The Greek Islands, Germany wants to privatise territory now. Why only the bits around the edge, why not the rest of Greece altogether. They could sell the naming rights to the Parthenon while they’re at it.
From the Guardian, a probable timeline for the next few days:
a) Tsipras will have to form a new government of national unity as soon as he gets back to Athens
b) By Wednesday 15th, Greece will have to pass laws including simplifying VAT rates, and applying VAT on a wider basis, cutbacks on pensions, and making its statistics agency independent.
c) Once these have been passed, ESM bail-out parliamentary process can commence, and this will require parliaments in Finland, Germany, Austria, Netherlands, Slovakia and Estonia to approve starting ESM talks
d) The Greek parliament will then have to rush through further laws to attain brige financing to pay the ECB on July 20th.
Game theory. Beautiful.
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It’s all in the game yo.
They can blame that joker finance minister.
Will you cunts cut to the chase… will this affect the price of a pint here?
In Athens for a few days this week. Will keep the forum updated on breaking events. Do bank cards still work over there?
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Yes if you are a foreigner and can find a machine with cash in it. I’d bring a ball of cash with me if I were you.
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It’s only the Greek banks that have restrictions in place so your card will work fine.
However in practice you have to queue for ages at ATM’s and are restricted to taking circa €100 quid a transaction. If in fact you can find an ATM with cash.
Apparently businesses aren’t accepting card either as they need the cash flow.
Interesting time to be heading that way, you’ll surely get a quick riot in while you’re there.
He showed us.
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From this interview in the New Statesman - http://www.newstatesman.com/world-affairs/2015/07/yanis-varoufakis-full-transcript-our-battle-save-greece
Read it earlier. Some good stuff in it.
Go and watch Ground hog day lads, cos after this 83 billion runs out, they’ll all be sitting at the table again around Christmas doing the same shite
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How will watching Groundhog Day help with this?
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Im just saying, I don’t think the Greeks will have to money to make any repayments when this lot of cash runs out and we will be having the same discussion again
To add some levity
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Welcome to the big league lads.
It’s a great film, can’t see how it could hurt. Phil know his shit.
It’ll pass the time.
When does the Greek family silver go on sale?
Somewhere in the cosmos/space time continuum, Milton Friedman is jacking it large style.