Greece General Discussion

[Antonio the Sixth]

Are they also planning to eliminate the various tax exemptions to the Church and shipowners and to seriously crack down on tax evasion? That would be the best way to convince Europe that austerity doesn't always have to hurt the poorest.

[🦀🎂🦀🎂]

Dunno, depends how much ANEL are in hock to the barons of the Orthodox Church.

[Angel of Death]

I'm bumping this, because being this close to "game over" territory now, any general discussion should take place in the right thread.

[Landslide Lyndon]

A bank run is underway. The government has imposed a bank holiday until July 7 and capital controls (60 euro withdrawal per day).

Massive queues have been formed at ATM, gas stations and yesterday at super markets.
Here are some photos.



Kozani



Larissa



Aegaleo, a western suburb of Athens.

[○∙◄☻¥tπ[╪AV┼cVê└]

It's pretty clear one of 3 things has to happen.

1. The banks compromise some
2. Greece declares bankruptcy
3. Greece exits the euro

[Simfan34]

It's pretty clear one of 3 things has to happen.

1. The banks compromise some
2. Greece declares bankruptcy
3. Greece exits the euro

The time for that is past.

[Landslide Lyndon]

It's pretty clear one of 3 things has to happen.

1. The banks compromise some
2. Greece declares bankruptcy
3. Greece exits the euro

What the heck is 1 supposed to mean?

[Simfan34]

It's pretty clear one of 3 things has to happen.

1. The banks compromise some
2. Greece declares bankruptcy
3. Greece exits the euro

What the heck is 1 supposed to mean?

Probably something like the GREEDY BANKERS submit to the RADICAL DEMOCRATIC WILL of the PLUCKY GREEK PEOPLE.

[Landslide Lyndon]

It's pretty clear one of 3 things has to happen.

1. The banks compromise some
2. Greece declares bankruptcy
3. Greece exits the euro

What the heck is 1 supposed to mean?

Probably something like the GREEDY BANKERS submit to the RADICAL DEMOCRATIC WILL of the PLUCKY GREEK PEOPLE.

The only problem of course is that in our case the greek banks are the victims of Tsipras's recklessness and brinkmanship.
 

[Simfan34]

RIP YANIS

[Beezer]

A narcissist to the bitter end:

Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and assorted ‘partners’, for my… ‘absence’ from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement. For this reason I am leaving the Ministry of Finance today.

I consider it my duty to help Alexis Tsipras exploit, as he sees fit, the capital that the Greek people granted us through yesterday’s referendum.

And I shall wear the creditors’ loathing with pride.

We of the Left know how to act collectively with no care for the privileges of office. I shall support fully Prime Minister Tsipras, the new Minister of Finance, and our government.

The superhuman effort to honour the brave people of Greece, and the famous OXI (NO) that they granted to democrats the world over, is just beginning.
http://yanisvaroufakis.eu/2015/07/06/minister-no-more/

The gridlock has been all about me! The creditors hate me and now I have valiantly decided to offer my resignation so that Greece may live. No word btw on his promise of a deal on Monday and the reopening of banks the following day.

[Bacon King]

A narcissist to the bitter end:

Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and assorted ‘partners’, for my… ‘absence’ from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement. For this reason I am leaving the Ministry of Finance today.

I consider it my duty to help Alexis Tsipras exploit, as he sees fit, the capital that the Greek people granted us through yesterday’s referendum.

And I shall wear the creditors’ loathing with pride.

We of the Left know how to act collectively with no care for the privileges of office. I shall support fully Prime Minister Tsipras, the new Minister of Finance, and our government.

The superhuman effort to honour the brave people of Greece, and the famous OXI (NO) that they granted to democrats the world over, is just beginning.
http://yanisvaroufakis.eu/2015/07/06/minister-no-more/

The gridlock has been all about me! The creditors hate me and now I have valiantly decided to offer my resignation so that Greece may live. No word btw on his promise of a deal on Monday and the reopening of banks the following day.

is this game theory

[Bacon King]

bumping this so we have one thread to discuss it rather than the handful scattered about.

Passage in Greek Parliament is currently uncertain, Merkel has to deal with a backbench revolt against it herself, IMF hates the deal because it's too harsh on Greece

[🦀🎂🦀🎂]

Hollande is officially going for a Eurozone parliament, as endorsed by Piketty and a handful of academics. Seems like a sensible idea, so it will never pass in a feasible form.

Who else thinks varafoukis is going to try and return under a non-Syriza banner?

[Simfan34]

Hollande is officially going for a Eurozone parliament, as endorsed by Piketty and a handful of academics. Seems like a sensible idea, so it will never pass in a feasible form.

Who else thinks varafoukis is going to try and return under a non-Syriza banner?

Maybe they need a compromise on the lines of a EZVEZL. Also Remember the French made the Euro happen in the first place... don't rule them out.

[RogueBeaver]

Parliamentary committees have passed the deal.

[RogueBeaver]

French National Assembly passes the bailout. Tsipras tells his caucus that it'll be hard to remain PM if he doesn't have their support. Government estimates 30-40 rebels.

[RogueBeaver]

ND tells Tsipras he's on his own once the bailout measures are passed next week.

[🦀🎂🦀🎂]

PASOK are coming in to the left of Syriza. Yes, that PASOK

[ag]

PASOK are coming in to the left of Syriza. Yes, that PASOK

Nice to be a minor party, completely out of power - you may be as irresponsible as you like. Something, surely, SYRIZA can very much empathize with.

[Beezer]

Tsipras receiving a surprise phone call last night...

[Helsinkian]

Varoufakis votes "no" on the agreement.

[RogueBeaver]

Bailout bill has passed.

[Mehmentum]

Some interesting articles on how the Greek crisis has caused the rise of a Eurosceptic left throughout the EU.

http://www.theguardian.com/commentisfree/2015/jul/14/left-reject-eu-greece-eurosceptic

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/11742624/EMU-brutality-in-Greece-has-destroyed-the-trust-of-Europes-Left.html

[RogueBeaver]

Tsipras lost 38 MPs voting either no or present.