Financial Crisis in Greece

[Phoenix]

Osiris, you are partially correct.Paying back the loan will be a challenge. Greece's economy grew too quick and money was stolen and squanderd from crooked politicians their friends and lawyers.
Papandreaou's economic plan is very sound, we shall see if it works.

Fatso, you're kidding yourself buddy...greece is in this mess because it has never had a viable economy to finance the extravagence of the greek 'lifestyle'...greece is a kafana society that simply hasn't got the means to support a massive public sector, an expanding military or luxuries like the Olympic Games...

[julie]

absolutely Pheonix and God knows how much money has been spent in their propoganda against the Macedonian nation.

[fatso]

Fatso, you're kidding yourself buddy...greece is in this mess because it has never had a viable economy to finance the extravagence of the greek 'lifestyle'...greece is a kafana society that simply hasn't got the means to support a massive public sector, an expanding military or luxuries like the Olympic Games...

Phoenix, the biggest factors Greece is in the position they in are due to crooked politicians and the fact that they have a next to zero tax generating revenues.

Like I said earlier, Papandreaou's economic platform is sound and approved by most Euro leaders...the problem will be implementing his economic policy.

[Prolet]

Fatso, The Euro Leaders might like it but the Greek people dont. This is why theres been so many riots.

[fyrOM]

Financial Times: Greece to return to his Drachma
27.03.2010

http://www.vest.com.mk/?ItemID=3FFCF8633219DD4785BB8729B17A9603

Greece should abandon the euro area, to abandon the euro and to return to its former circulation national currency drahmata claim chetvrica German professors of economics in copyright text Fajnensl Times.
According to their opinion, using drahmata Greece will increase its competitive ability, to encourage domestic exports and increase revenue from tourism.
German professors believe that such a move by the government in Athens would represent the best solution for Greece in its current debt and financial crisis.
These economic experts believe that if the Greek government decided such a step would send a strong message to all countries in the euro area immediately zafatat necessary reforms and to take every measure not to be found in the same situation now is Greece.
The four German professors who advise Athens to be saved with the help of their old currency, rather than making loans in euros are the same ones 12 years ago sued the state of Germany beyond the Constitutional Court, because the government decided to adopt the euro and to join the eurozone.
His decision to sue drzavata justify, as they say, the belief that all of then members of the euro zone were nepodgotvni acceptance of the single common European currency, and therefore pto some candidates in their reporting to join the eurozone manipulated data and knowledge of their true financial situation.
The German Constitutional Court in 1998 rejected their appeal, but the four professors in his article in the London Gazette dolkolku believe that a lawsuit would now appeared, the Court would have ruled in their favor.
Losing confidence in the Greek economy expose the danger of the EU, so Greece's exclusion from the euro area will help to prevent this current drama to turn into a tragedy, and above all to ensure survival of the European Monetary Union, marked the four German economic experts his article in the Financial Times.


Maybe if Greece gets out of the Eurozone Macedonia can get in then in 20 or 30 years when Greece can pay off there debts they can reapply to get in and we can thank them for telling us how to spell veto.

[fyrOM]

Its time for all MTO members in eu countries to step up the pressure on their governments you as citizens don’t want your money going to bail out Greece’s theft. Its not just the global economic crisis that Greece is in their mess but theft. Make yourselves be heard.

23 ми*ли*јар*ди ев*ра за Гр*ци*ја под над*зор на ЕУ
27.03.2010

http://www.vest.com.mk/?ItemID=3CEE1925FB1C234AA70E51A520718CFF

БРИ*СЕЛ, 27 март (ДПА) - Ев*роп*ски*те ли*де*ри зав*че*ра поп*лад*не*то во Бри*сел го из*гла*саа пла*нот за под*дрш*ка на Гр*ци*ја во на*по*ри*те за на*ма*лу*ва*ње на пре*за*дол*же*нос*та. Глав*ни*те точ*ки од заш*тит*на*та мре*жа, одоб*ре*на од ли*де*ри*те на ев*ро*зо*на*та за заш*ти*та на Гр*ци*ја, се след*ни*ве:
КО*ГА?
Др*жа*ви*те од ев*ро*зо*на*та и ММФ ќе $ по*ну*дат на Гр*ци*ја ит*ни за*е*ми, са*мо до*кол*ку Ати*на ве*ќе не*ма да би*де спо*соб*на да по*зај*му*ва па*ри на ме*ѓу*на*род*ни*те па*за*ри. Па*ри*те ќе би*дат да*де*ни са*мо ако Ев*роп*ска*та ко*ми*си*ја и Ев*роп*ска*та цен*трал*на бан*ка од*лу*чат де*ка тоа е не*оп*ход*но. Се*кој член од ев*ро*зо*на*та ќе мо*же да ста*ви ве*то на па*ке*тот по*мош.
ЗОШ*ТО?
Гр*ци*ја по*ба*ра заш*тит*на мре*жа од ев*ро*зо*на*та за да ве*ру*ва*ат бер*зи*те во неј*зи*на*та кре*ди*тос*по*соб*ност. По*ли*ти*ча*ри*те од ев*ро*зо*на*та наг*ла*си*ја де*ка сè уш*те не*ма*ат на*ме*ра да го ак*ти*ви*ра*ат пла*нот.
КОЈ?
ММФ ќе нап*ра*ви суш*тин*ски при*до*нес, но зем*ји*те од ев*ро*зо*на*та ќе го обез*бе*дат по*го*ле*ми*от дел од фи*нан*си*и*те.
Дип*ло*ма*ти*те из*ја*ви*ја де*ка зем*ји*те од ев*ро*зо*на*та ќе пла*тат две тре*ти*ни, а ММФ са*мо ед*на тре*ти*на од вкуп*на*та су*ма, но ова сè уш*те не е пот*вр*де*но.
КОЛ*КУ?
Дип*ло*ма*ти*те из*ја*ви*ја де*ка за*е*мот ќе из*не*су*ва око*лу 20 - 22 ми*ли*јар*ди ев*ра (27 - 30 ми*ли*јар*ди до*ла*ри). Се*пак, циф*ра*та не е пот*вр*де*на, но од*го*ва*ра на пот*ре*би*те на Гр*ци*ја. Се*ко*ја зем*ја ќе пла*ти спо*ред сво*јот удел во вкуп*ни*от ка*пи*тал на Ев*роп*ска*та цен*трал*на бан*ка, кој се прес*ме*ту*ва спо*ред по*пу*ла*ци*ја*та и еко*ном*ска*та те*жи*на.
ШТО СЛЕ*ДИ?
Ка*ко воз*врат за до*го*во*рот, др*жа*ви*те од ев*ро*зо*на*та се сог*ла*си*ја да ги хар*мо*ни*зи*ра*ат еко*ном*ски*те по*ли*ти*ки, со тоа што са*ми*ти*те на ЕУ ќе ги прет*во*рат во еко*ном*ска вла*да на ЕУ. Тие, ис*то та*ка, по*ви*ку*ва*ат за пос*тро*ги пра*ви*ла со кои ќе се оси*гу*рат де*ка др*жа*ви*те член*ки не*ма да има*ат де*фи*ци*ти со кои не мо*жат да се спра*ват, со што пос*та*ви*ја ра*бот*но те*ло кое ќе да*де де*тал*ни пред*ло*зи до кра*јот на го*ди*на*та.

[fyrOM]

don’t know what happened to Google translate but here goes take two

23 billion euros for Greece under the supervision of EU
27.03.2010

BRUSSELS, March 27 (DPA) - European leaders in Brussels before yesterday afternoon voted to support the plan of Greece in the efforts to reduce prezadolzhenosta. The main points of the safety net, approved by the leaders of the eurozone for the protection of Greece are the following:
KO-GA?
The countries of the eurozone and the IMF would offer $ greece emergency loans only if Athens will not be able to borrow money on international markets. The money will be given only if the European Commission and European Central Bank decided it was necessary. Each member of the eurozone will be able to veto the aid package.
ZOSH-TO?
Greece demanded a trade network of the euro area to believe in its credit rating industry. Eurozone politicians stressed that still have no intention to activate the plan.
WHO?
IMF will make an essential contribution, but the countries of the eurozone will provide most of the funds.
Diplomats said that the Eurozone countries will pay two-thirds, and the IMF is only one third of the total, but this has not yet been confirmed.
Cole-KU?
Diplomats said the loan would be around 20 to 22 billion euros (27 - 30 billion dollars). However, the figure is not confirmed, but meets the needs of Greece. Each country will pay according to their share in total capital of the European Central Bank, which is calculated according to population and economic weight.
WHAT SLE-di?
In return for the agreement, the eurozone countries agreed to harmonize economic policies, with summits of the EU will become an EU economic government. They also called for stricter rules to ensure that member states will have deficits that can not cope with the work setting body will make detailed proposals by the end of the year.

[Coolski]

German frustration at modern greeks

In recent articles coming out of Germany, social and political frustration has been rising against the Greek politicians and people for their irresponsible spending, constant welfare requirements and little gratitude, stemming from arrogance, the foundation of which was built on fabrications- by the Germans.

Backed into a corner, Greek politicians are trying to juggle international pressure and dissatisfaction of their fabricated economic data, with the internal pressure of the frustrated, fabricated greek society. How have they responded? By trying to divert attention, attacking Germans for atrocities committed in WWII, labelling them as nazis.

The interesting thing about lies of Greek scale is that they have a tendency to come back and bite them. The frequency of this cycle is now high enough for the average Joe to notice. Just weeks after labelling today's Germany as Nazis and trying to exert some sort of national guilt on Germany, Greece's armed forces have been recorded chanting filthy racist nazi slogans against Macedonians and Albanians, only to be watched and later applauded by the officials present.

While this is all to interesting to watch, I can not help but wonder if Macedonian politicians and Macedonian activists in Germany will really take full advantage of this situation and assist the Germans in realising the cycles of modern greek hypocrisy. Can we Macedonians ensure that the conditions set on the welfare money modern Greece is about to receive is based on strict conditions involving the protection of minorities and the reverse of Greece's NeoNazi policy towards us?

[osiris]

good post coolski what can we do to help germans realize what type of nation and culture they helped create and sustain.

[Pelister]

How do we do that Coolski?

How do we get the E.U to put that kind of a condition on its bailout package?

I mean wheres the "Royal Inquest"? There isn't one, despite the protests from the Germans. Is anyone actually asking where they money has gone? No. Only one European official has actually said anything about the dishonesty of the Greek statistics. Greece is still the darling of Europe I'm afraid - there is a clause that prevents the E.U from bailing out a member country that has acted irresponsibly. They are violating an E.U law here, but they are going to bail them out anyway because not to do so will be politically damaging to the E.U> Go figure.

[Coolski]

I think that making contacts with the German media might go a long way. If they can see the hypocrisy and an opening to write relatively "sensational" articles about the topic (which is hot right now), it might be a great opening for the ill treatment of Macedonians to get some airplay in Germany at least.

From this perspective the general population in Germany will have an added reason to disapprove of German handouts. This might affect the way they vote in the future, and therefore the politicians they elect.

I think Rogi has alluded to an approach along similar lines in previous topics before the latest nazi statements

[makedonin]

The frustration is really there. Few days ago, on a very frequented Radio, jokes were made on their account. They were even called Gringos, cause the Ethymology of that word should mean Greek:

1849, from Mex.Sp. gringo, contemptuous word for "foreigner," from Sp. gringo "foreign, unintelligible talk, gibberish," perhaps ult. from griego "Greek." The "Diccionario Castellano" (1787) says gringo was used in Malaga for "anyone who spoke Spanish badly," and in Madrid for "the Irish."

http://www.etymonline.com/index.php?term=gringo

The German tax payer is not happy paying Greek debts, that is for sure.

On the other hand, it may be possible that Greeks are paying for airing Documentaries about Greece and it's glory, cause they started to be frequent on some German channels this days.

Remind them where the "Culture and Democracy is coming", I suppose.

[Coolski]

That's another thing... we need some opinion pieces that question Greece's claim to the inventors of democracy, being a modern nation with little to do with ancient Greece. It is the only leverage Greece has over Germany and France, and it's built on bullshit.

[Mikail]

Very well said CoolskiLet's all give his some serious thought and input over the next few days.

Today's Germans can and should be proud of their achievements in the second half of the 20th century. What does Today's Greece have to be proud of

Many conditions should be placed on Greece as part of a financial bailout.

One statement Mitcho Jovanov made that stood out was that Greece was taken by Europe as it was the last part of the Balkans not under communism. Well what is Europe's excuse now for not inflecting Greece with some serious punishment.

Let's compile a list of what they should be:

1. Recognition of the Republic of Macedonia and the end of the name dispute

2. Entry to be granted to all exiled Macedonians

3. Macedonian Language to be in school curriculum

4. Recognition of past atrocities to the Macedonian people

5. Formal Apology to the Macedonian people

6. A policy of reversing the last 20 years propaganda against Macedonia

7.

[Frank]

All this frustration by the Germans yet they fail to take the lead and recognise Macedonia

Fuckem

German Money will be used to pay for the Greeks as always