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Results: 124

 
  follyhunter
 

11

124     follyhunter 11 November 2013 3:19pm Isn't it about time to kick the Greeks

Isn't it about time to kick the Greeks out the European Union? Or to downgrade them to some some sort of apprentice status, like Turkey?

  follyhunter
 

12

like Turkey?   follyhunter 12 November 2013 2:58pm Response to pastendgame, 12 November 2013 2:29pm You

You Greeks are funny people.

  follyhunter
 

12

funny people.   follyhunter 12 November 2013 8:25pm Response to pastendgame, 12 November 2013 6:21pm You

You Greeks are sooo funny!

  follyhunter
 

12

sooo funny!   follyhunter 12 November 2013 8:29pm Fakelaki ("little envelope") In Greek, fakelaki

Fakelaki ("little envelope")

In Greek, fakelaki means "little envelope" but is also used in Greek popular culture as a jargon term referring to the bribery of public servants and private companies by Greek citizens in order to "expedite" service.

According to this practice, sums of money are stuffed in the files and passed across the desk to secure appointments, documents approval and permits.

  follyhunter
 

13

and permits.   follyhunter 13 November 2013 3:39pm Response to pastendgame, 13 November 2013 2:57pm Cheaper

Cheaper Euro? So the Greeks can export more feta cheese to Uganda, as you suggested in an earlier post?

LOL

  follyhunter
 

16

post? LOL   follyhunter 16 November 2013 11:54am Response to pastendgame, 16 November 2013 4:06am Kick

Kick the Greeks out the EU

  follyhunter
 

18

  follyhunter 18 November 2013 12:41pm Europeans'd be stupid to grant the Greeks a debt relief,

Europeans'd be stupid to grant the Greeks a debt relief, even partialy.

Let the Greeks tap into their gas resources money first.

  follyhunter
 

20

money first.   follyhunter 20 November 2013 11:08am Response to Thomas Varmaxizis, 20 November 2013 9:01am

Thanks to the Greeks for starting this financial mess in Europe

  follyhunter
 

23

in Europe   follyhunter 23 November 2013 11:05am Response to DonJuan, 22 November 2013 9:12pm Dijsselbloem

Dijsselbloem has just announced another labour reform in Spain. Video in English here.

About time. Spain, Portugal, Italy, Greece and France need many such reforms.

  follyhunter
 

23

such reforms.   follyhunter 23 January 2014 11:28am Response to kizbot, 23 January 2014 11:15am Those

Those poor innocent Greeks

  follyhunter
 

03

Greeks   follyhunter 03 February 2014 1:32pm Greek factories report first growth since August 2009 So

Greek factories report first growth since August 2009

So those Greeks have got a couple of factories after all. What are they complaining about all the time?

  follyhunter
 

17

all the time?   follyhunter 17 February 2014 3:01pm Response to Seaandshells, 17 February 2014 2:45pm

The Levy Economics Institute of Bard College has released a report on the Greek economy with damning conclusions for the troika mandated policies of austerity which have been a ‘spectacular failure’ on all fronts and especially with regards to the debt to GDP ratio which is projected to rise to 208% in 2015. Greek industry has suffered effects ΄similar to those of a major war.΄

That's what happens when you base your economy on borrowed money.

  follyhunter
 

18

΄ That's what happens when you base your economy on borrowed money.   follyhunter 18 February

ATL:

A protest by school guards in Athens against government plans to sack thousands of civil servants as part of its austerity commitments to bailout creditors.

Greeks keep firing these civil servants at a snail's pace.

  follyhunter
 

25

pace.   follyhunter 25 February 2014 9:00am Response to equusmulusoctopus, 25 February 2014 8:38am More

More Greek navel gazing.

  follyhunter
 

25

navel gazing.   follyhunter 25 February 2014 2:36pm Response to usacitizen, 25 February 2014 2:03pm How

How dare you talk like that to Greece's most prominent intellectual?

  follyhunter
 

26

intellectual?   follyhunter 26 February 2014 1:29pm Response to Thomas Varmaxizis, 26 February 2014 12:59pm

Greece's most prominent intellectual has spoken to us once more.

  follyhunter
 

28

once more.   follyhunter 28 February 2014 11:58am EU January youth unemployment 23.4% Greece 59%  

EU January youth unemployment 23.4%

Greece 59%

 

Spain 54.6%

Italy 42.4%

Poland 27.4%

France 25.4%

UK 20%

Germany 7.6%

Indicator of a society's functionality.

  follyhunter
 

28

  follyhunter 28 February 2014 7:04pm Response to equusmulusoctopus, 28 February 2014 6:09pm New

New case of corruption in military procurement Greece

A new case of corruption in Greece?

I'm shocked.

 
  follyhunter
 

03

Greece A new case of corruption in Greece? I'm shocked.     follyhunter 03 March 2014

Meanwhile in Spain, Christine Lagarde has sparked a row by telling an event in Bilbao that the Spanish labour market requires further reform.

That's for sure.

 

And so does the French, the Italian, the Greek and the Portuguese.

  follyhunter
 

04

the Portuguese.   follyhunter 04 March 2014 3:32pm The Greek manufacturing PMI (based on interviews with

The Greek manufacturing PMI (based on interviews with purchasing managers) rose to a 66-month high of 51.3, up from 51.2 in January. That indicates another rise in activity.

But while new orders and output rose, employment continued to drop.

Yup. Greek productivity is still far too low.

  follyhunter
 

04

far too low.   follyhunter 04 March 2014 4:02pm Response to equusmulusoctopus, 04 March 2014 3:58pm

Greece might be broke, but, it has tremendous military resources, hundreds upon hundreds of tanks, modern fighter jets, missiles, what have you. Is that not "material resources"? Or do you think they're irrelevant in the context of an invasion and potential peacekeeping operations?

Ha, ha, ha, ha

 
  follyhunter
 

07

ha, ha     follyhunter 07 March 2014 9:47am Response to Seaandshells, 07 March 2014 9:40am

Costas Lapavitsas

He isn't Greek by any chance?

  follyhunter
 

07

by any chance?   follyhunter 07 March 2014 10:06am Response to Seaandshells, 07 March 2014 9:51am

Are you seriously suggesting that a leading professor in economics at a top university is not entitled to an opinion or to participate in a debate simply because of his ethnicity?

I didn't suggest anything of the kind.

But I think you're pushing him here, not because he's such a great expert, but that he's a Greek like you. You seem to have got an ethnicity complex.

BTW he's part of the the African studies department. Not such a super expert as you make him out to be.

  follyhunter
 

07

  follyhunter 07 March 2014 10:27am Response to DonJuan, 07 March 2014 10:23am He's an Australian

He's an Australian Greek then.

  follyhunter
 

12

Greek then.   follyhunter 12 March 2014 4:40pm Response to Seaandshells, 12 March 2014 3:10pm And

And you're not a Greek?

 
  follyhunter
 

13

    follyhunter 13 March 2014 11:36am Response to kizbot, 13 March 2014 11:30am It's not

It's not our fault that you moved to Greece and are now stuck there.

  follyhunter
 

13

now stuck there.   follyhunter 13 March 2014 5:41pm Response to Seaandshells, 13 March 2014 5:31pm

European Monetary Fund

There aren't going to be any Euro Bonds for the Greeks under current conditions. So keep on dreaming.

  follyhunter
 

14

on dreaming.   follyhunter 14 March 2014 2:49pm Response to kizbot, 14 March 2014 11:11am It's

It's not our fault that you moved to Greece and are stuck there now.

  follyhunter
 

14

stuck there now.   follyhunter 14 March 2014 3:59pm News is that the Troika won't give

News is that the Troika won't give the Greeks the next tranche of rescue money, unless they actually do some serious overhauling of their corrupt system.

  follyhunter
 

17

corrupt system.   follyhunter 17 March 2014 2:45pm Response to zerozero, 17 March 2014 2:32pm What

What Varoufakis doesn't say is where this is going. He seems to be correct in that Greece is already a failed state, and all the economic indicators are dire, but this also looks like a continuing decline. Nothing in capitalism stands still.

Greece's always been a mess (except maybe a brief period during the bronze age) no matter what kind of economic system made the world go round.

Greece was a failed state, is a failed state and very likely will remain a failed state in the future.

  follyhunter
 

18

in the future.   follyhunter 18 March 2014 12:23pm Response to Seaandshells, 18 March 2014 10:20am

Article from The Press Project. Subheader says: Greek news for a global audience.

That says it all.

 
  follyhunter
 

19

all.     follyhunter 19 March 2014 9:55am It's not our fault that you moved to

It's not our fault that you moved to Greece and are stuck there now.

  follyhunter
 

26

stuck there now.   follyhunter 26 March 2014 6:31pm Prime minister Antonis Samaras’ shaky two-party coalition

Prime minister Antonis Samaras’ shaky two-party coalition has made a return to markets a priority despite opposition from lenders who have cautioned against such a move.

The Greeks can't bear the interest of their present debt pile and want to return to the markets???

  follyhunter
 

31

the markets???   follyhunter 31 March 2014 2:09pm Response to Thomas Varmaxizis, 31 March 2014 1:45pm

Is Greece an island?

 
  follyhunter
 

02

    follyhunter 02 April 2014 9:12am Response to IfigEusLannuon, 02 April 2014 9:07am Greek

Greek government is planing to issue a 2 billion bond over 5 years in May.

  follyhunter
 

02

5 years in May.   follyhunter 02 April 2014 2:59pm Response to Typist11, 02 April 2014

Without the Eurozone membership Greek yields would certainly be around 15-20%.

BTW same goes for Spain or Italy or Portugal.

  follyhunter
 

02

or Portugal.   follyhunter 02 April 2014 4:36pm Response to follyhunter, 02 April 2014 3:44pm Unless

Unless with "we" you meant the Australians and not the Greeks.

  follyhunter
 

03

  follyhunter 03 April 2014 10:32am Response to Seaandshells, 03 April 2014 10:18am Transparency International

Transparency International still ranks Greece as the most corrupt nation in Europe and Transparency is a left leaning organization.

In that regard Greece is like all the other corruption ridden countries like Uganda. You want to do business there, officials and people on the ground expect to be bribed.

  follyhunter
 

03

to be bribed.   follyhunter 03 April 2014 12:10pm Response to Seaandshells, 03 April 2014 10:56am

You have to open a new thread for this.

Alright, than get at least your facts straight.

Transparency ranks Greece on its worldwide corruption index at #80 one place behind China and Tunisia and just before Swaziland and Burkina Faso.

That makes Greece the most corrupt nation in Europe. Even Romania and Bulgaria do better than Greece.

  follyhunter
 

04

than Greece.   follyhunter 04 April 2014 1:51pm While protests take place in Brussels, there is

While protests take place in Brussels, there is a clean-up operation underway in Athens as the Greek government tried to make its capital look its best.

With EU foreign ministers starting a two-day meeting today, workmen have been sprucing up Syntagma Square. Athens correspondent Helena Smith sends a photo:

Wow, two people at work. Some clean-up operation.

Where's the rest of them? Forging for food in bins or holding siestas?

  follyhunter
 

04

holding siestas?   follyhunter 04 April 2014 8:06pm Response to Thomas Varmaxizis, 04 April 2014 3:20pm

I don't know what you Greeks put into your drinking water, but hey, I want some of that.

  follyhunter
 

07

some of that.   follyhunter 07 April 2014 3:01pm Response to MAKRAKOMI, 07 April 2014 12:38pm

Is it compulsory for Greek internet users to post comments on the Guardian business blog?

  follyhunter
 

08

  follyhunter 08 April 2014 8:36am We'll also be watching Greece, where anti-austerity protests are expected

We'll also be watching Greece, where anti-austerity protests are expected today ahead of tomorrow's general strike, along with all the main events through the day

Why always this blog's emphasis on Greece, Guardian? This is really beginning to feel weird.

If the Eurozone crisis is the focus, why not report with the same vigor what's going on in Portugal for a change? Or Spain? Or Italy? Or France? Or Belgium? Or Germany? Or Austria? Or Finnland? Or Slowenia? Or Bulgaria? Or Romania? Or Ireland? Or Netherlands? Or Estonia? Or Luxembourg? Or Slovakia?

  follyhunter
 

08

Or Slovakia?   follyhunter 08 April 2014 10:21am Response to Balaam89, 08 April 2014 9:46am It

It is time for an exit, a reinstatement of the drachma

Remember Greek debt is in Euros! Devaluing the Drachma would do nothing to dig them out of pit dug in Euros. Greeks would get little value out of their new printing press.

The Drachma, from a bussiness perspective would be a disaster. Who would want to make deals based on a currency that is expected to go through wild changes in valuation? Why would other Eurozone nations expose their transactions to increased hassel and risk to trading with Greece?

  follyhunter
 

08

with Greece?   follyhunter 08 April 2014 5:41pm Greece prepares for general strike and possible bond

Greece prepares for general strike and possible bond sale

Translation:

 

Greeks prepare to take the day off and create new debt.

  follyhunter
 

09

create new debt.   follyhunter 09 April 2014 9:25am Bond sale during Greece's National Holiday General

Bond sale during Greece's National Holiday General Strike.

Only country in the world that has got a national holiday 24 times a year.

  follyhunter
 

10

24 times a year.   follyhunter 10 April 2014 9:57am Response to CefimarPark, 10 April 2014

Terrific news - Greece is borrowing 'again'.

Terrific. Like handing a 4 year old child a loaded handgun.

  follyhunter
 

10

loaded handgun.   follyhunter 10 April 2014 5:06pm Response to Abertawe, 10 April 2014 2:03pm What

What do you expect from a Greek business blog?

  follyhunter
 

11

business blog?   follyhunter 11 April 2014 9:22am A car bomb went off outside the Bank

A car bomb went off outside the Bank of Greece building in central Athens early on Thursday.

  follyhunter
 

11

blew up.   follyhunter 11 April 2014 11:10am Who cares about Merkel's visit to Greece? What's

Who cares about Merkel's visit to Greece? What's next? Albania?

  follyhunter
 

14

next? Albania?   follyhunter 14 April 2014 10:59am Response to ElvisInWales, 14 April 2014 10:32am I

I have seen more intellect in a dead dingo's donger ffs grow the fuck up!

It's a Greek business blog. What do you expect?

  follyhunter
 

14

do you expect?   follyhunter 14 April 2014 2:28pm Response to equusmulusoctopus, 14 April 2014 2:19pm

Greek bookkeeping.

 

What else is there to say.

  follyhunter
 

14

14 April 2014 2:19pm Greek bookkeeping.   What else is there to say.   follyhunter 14

“What we can do is to ease debt, which is what we have done before through offering lower interest or extending the maturity of loans,” Dutch Finance Minister Jeroen Dijsselbloem, who heads the group of euro finance chiefs, said yesterday. “Those type of measures are possible but under the agreement that commitments from Greece are met.”

Good luck with that last one boys. Greece is still the same over-bureaucratized corrupt swamp it was prior to the bailouts. There will be a deep freeze in hell before the 'commitments are met'.

  follyhunter
 

15

are met'.   follyhunter 15 April 2014 10:24am Response to equusmulusoctopus, 15 April 2014 9:41am Why

Why should the Guardian write another article in an endless seeming stream of articles on crooked Greek bookkeeping?

Just another attempt by Greece to fix the books.

They must think the EU is stupid.

After the European elections the Greeks will surely be punished for it and punished very serverely.

  follyhunter
 

15

very serverely.   follyhunter 15 April 2014 11:03am Response to equusmulusoctopus, 15 April 2014 9:41am Yes,

Yes, like another Greek government would do their bookkeeping differently.

Very funny.

  follyhunter
 

15

Very funny.   follyhunter 15 April 2014 1:59pm Of the 27 regions that reported unemployment above

Of the 27 regions that reported unemployment above 21%, 13 are in Spain, 10 in Greece, one in Italy, as well as three French outposts.

Of the 49 regions with jobless rates of 5.4% or lower, 23 are in Germany, 8 in Austria, 3 in the Czech Republic, followed by Romania (3), Belgium (2), Holland (1) and Italy (1).

So without Greece and Spain, the EU's unemployment report would be almost spotless.

  follyhunter
 

22

almost spotless.   follyhunter 22 April 2014 2:55pm Austerity in Greece caused more than 500 male

Austerity in Greece caused more than 500 male suicides, say researchers

I guess the personal debt those 500 males piled up were the real cause and not austerity.

  follyhunter
 

23

  follyhunter 23 April 2014 9:12am Response to equusmulusoctopus, 23 April 2014 9:05am Greece booked €83bn

Greece booked €83bn general government revenue and €106bn general government expenditure in 2013, i.e. a deficit of 22% or 28%, but you wouldn't call its savage austerity Keynesian policy, would you now?

No. I'd call it stupid.

 
  follyhunter
 

23

    follyhunter 23 April 2014 10:57am Helena add that the total number of Greeks applying

Helena add that the total number of Greeks applying for the "social dividend" (an allowance promised once the primary surplus had been achieved), has shot up to 312,000, according to finance ministry officials in Athens. That's up from 225,000 yesterday.

Over a 100.000 Greeks applying for money handouts in 24 hours and the Greek bureaucracy able to handle that and give an exact figure?

Who's surprised by that I wonder?

  follyhunter
 

23

that I wonder?   follyhunter 23 April 2014 1:39pm Response to equusmulusoctopus, 23 April 2014 12:59pm

Why don't you post your comments in a Greek paper?

  follyhunter
 

23

a Greek paper?   follyhunter 23 April 2014 5:03pm Response to totallymad, 23 April 2014 4:53pm

The Greeks would not have done a damn thing without pressure from the Germans and the ECB.

  follyhunter
 

24

and the ECB.   follyhunter 24 April 2014 9:52am Response to jonsnow92, 24 April 2014 9:35am

corrupt Greek government

  follyhunter
 

25

nation .   follyhunter 25 April 2014 10:52am Response to kizbot, 25 April 2014 8:39am But

But the German press? Why so quiet and accepting? It beggars belief that the Germans are just going to lie down and bankroll this madness without a peep.

Maybe the Germans don't give a toss about what is going on in Greece. Until the crisis struck, Greece was just another Balkan country next to Albania for the Germans and about as equally important to them.

  follyhunter
 

25

to them.   follyhunter 25 April 2014 12:42pm Response to equusmulusoctopus, 25 April 2014 12:36pm Greeks

Greeks fixed their books to get in the Eurozone and now they're fixing their books to stay in.

What's so surprising about that?

  follyhunter
 

25

about that?   follyhunter 25 April 2014 3:49pm Response to Grishnakh, 25 April 2014 3:47pm Could

Could we get some comment on this from those people on here who proclaimed in no uncertain terms back when the Cypriot bailout was announced that the evil EU had thereby 'destroyed the Cypriot economy'?

They're too busy uncovering the great Greek/EU surplus conspiracy.

  follyhunter
 

28

conspiracy.   follyhunter 28 April 2014 1:08pm Response to equusmulusoctopus, 28 April 2014 11:57am More

More on Greece cooking the books.

A never-ending story.

 
  follyhunter
 

29

    follyhunter 29 April 2014 10:57am Greece: Stop unlawful and shameful expulsion of refugees and

Greece: Stop unlawful and shameful expulsion of refugees and migrants

  follyhunter
 

07

its obligations.   follyhunter 07 May 2014 3:01pm Response to nuspeak, 07 May 2014 10:41am We

We agreed on a strong currency regime. That is the deal.

  follyhunter
 

08

regime. That is the deal.   follyhunter 08 May 2014 9:30am Response to equusmulusoctopus, 08 May

Greece now has a balanced current account – quite an achievement after double-digit deficits (as a percentage of GDP) a few years ago. But, in contrast to other economies on the eurozone periphery, this improvement was achieved entirely through import compression.

Lack of export growth has made the recession in Greece much longer and deeper than it would have been otherwise. If Greek exports had increased at the same rate as those of Portugal (or Spain), the recession would have ended by now.

  follyhunter
 

12

have ended by now.   follyhunter 12 May 2014 3:14pm Response to BabyBoomer55, 12 May 2014

Germans can't play as bad as the Greeks, just so that the Greeks don't feel bad. The EU should be glad that it got at least one last global player left in its team.

  follyhunter
 

12

left in its team.   follyhunter 12 May 2014 3:54pm Response to BabyBoomer55, 12 May 2014

This is nonsense.

 

How about making the other players improve their game?

Ever done any business in Italy, Spain or Greece? Probably not, or you'd know why they're in such bad shape.

  follyhunter
 

12

in such bad shape.   follyhunter 12 May 2014 4:24pm Response to BabyBoomer55, 12 May 2014

Germany could help here by ensuring all eurozone SME's can borrow at the same rate as they do - they haven't.

The other countries get pretty good rates. Actually without the German EZ membership, Italy, Spain or Greece would probably borrow at around 12-15%.

  follyhunter
 

14

at around 12-15%.   follyhunter 14 May 2014 3:32pm Response to IfigEusLannuon, 14 May 2014 3:13pm

Yes, probably, but I was just having fantasies of UK citizens going into the "Other passports" queues at airports in France and Spain, with all immigrants from Africa and Asia. A kind of immanent justice for UKIP supporters; having to live through the life of third world immigrants will be enlightening, if only for the few months needed to find an agreement.

That comment is a bit racist, isn't it?

  follyhunter
 

14

isn't it?   follyhunter 14 May 2014 3:40pm Response to Seaandshells, 14 May 2014 3:19pm

Timothy-Geithner-reveals-Schaubles-plan-to-kick-Greece-out-of-the-euro-

and-terrify-the-rest-of-Europe

Sounds like a good plan.

 
  follyhunter
 

14

plan.     follyhunter 14 May 2014 5:17pm Response to BabyBoomer55, 14 May 2014 4:35pm several

several are already in a deflationary spiral

They're not, except for Greece maybe.

  follyhunter
 

15

for Greece maybe.   follyhunter 15 May 2014 4:32pm Response to windguy, 15 May 2014 3:52pm

I don't know how undervalued the Euro should be for you Greeks.

Even with an undervalued Euro, there wouldn't be anything of substance Greece could export.

  follyhunter
 

22

could export.   follyhunter 22 May 2014 11:13am You can always tell not much going on

You can always tell not much going on in the world of business when the Greek cleaning ladies pop up.

  follyhunter
 

22

ladies pop up.   follyhunter 22 May 2014 12:20pm Response to equusmulusoctopus, 22 May 2014 12:15pm

jonsnow92 was talking about the EZ, not the EU.

Besides that thing was published in 1996 and nobody knew back then, that Greece would go on a spending spree and make that goal of convergence unattainable for decades to come.

  follyhunter
 

23

decades to come.   follyhunter 23 May 2014 12:48pm What are the Greek cleaning ladies doing

What are the Greek cleaning ladies doing today?

  follyhunter
 

27

doing today?   follyhunter 27 May 2014 9:48am UKIP's triumph in the UK, the National Front's

UKIP's triumph in the UK, the National Front's surge in France, and even the prospect of Greece's Golden Dawn sending MEPs to Brussels, isn't spooking investors, yet anyway.

Why should that spook anyone?

Bunch of incompetent nationalists and socialists = incompetent national socialists. They'll sit there for 4 years boring each other with boring speeches and then won't be reelected.

follyhunter  
 

28

follyhunter   28 May 2014 8:45am Response to kizbot, 28 May 2014 8:42am   Ah, crap.
 

Ah, crap. You hate him, because he was chief of the Euro group and he didn't pay off your Greek debt.

follyhunter  
 

28

Greek debt. follyhunter   28 May 2014 3:31pm Response to Thomas Varmaxizis, 28 May 2014 3:23pm
 

but Germans still want to be and buy Greece,

I

guess the Germans go there for the sun, despite the Greeks.

follyhunter  
 

28

the Greeks. follyhunter   28 May 2014 4:01pm Response to Thomas Varmaxizis, 28 May 2014 3:42pm
 

They have to learn the Greek language

to

respect locals and their

traditions

and

to be integrated to Greek society.

You ask a lot for a 14 day holiday.

 
follyhunter  
 

30

  follyhunter   30 May 2014 10:43am Tsipras calls Farage monstrosity created by austerity That

Tsipras calls Farage monstrosity created by austerity

That Tsipras guy should better stick to Greek issues, for he obviously knows nothing of British issues.

follyhunter  
 

03

issues. follyhunter   03 June 2014 3:49pm I only come here for the Greek cleaning ladies

I

only come here for the Greek cleaning ladies soap opera.

 
follyhunter  
 

05

  follyhunter   05 June 2014 3:44pm Response to Rolex44, 05 June 2014 3:29pm   Yep
 

Yep the EU economy is up shit creek.

Most of the EU economy is doing pretty good.

Italy, France and Greece are 'up shit creek'. And that won't change for a long time. Inside or outside the EU or Euro.

follyhunter  
 

05

that won't change for a long time. Inside or outside the EU or Euro. follyhunter  
 

Spain and Portugal don't count.

 

They do and they are undertaking structural reforms and will come out on top of France, Italy and Greece.

Greece is such a mess, I shouldn't even mention that country in relation to the others.

follyhunter  
 

06

 
follyhunter   06 June 2014 12:07am   Response to jonsnow92, 05 June 2014 6:53pm   Let
 

Let me guess

you're

a Greek.

follyhunter  
 

06

 
follyhunter   06 June 2014 9:39am   Response to finnja, 06 June 2014 9:22am  
 

You're wasting your money for a good cause the French feel better.

to

make the Greeks and Italians and

The ECB gave the South more time to postpone any serious reform efforts.

follyhunter  
 

06

 
follyhunter   06 June 2014 4:20pm   Response to Optymystic, 06 June 2014 2:21pm   The
 

The currency that could serve the need of the Greeks does not exist, never existed and will never exist.

Blame it on the Euro as long as you like, Greece is mess. She was a mess before she joined the Euro and will be a mess, long after Greece left the EZ.

follyhunter  
 

16

 
follyhunter   16 June 2014 1:55pm   Response to equusmulusoctopus, 16 June 2014 11:43am How

How will foot cream help Greece?

 
follyhunter  
 

17

 
follyhunter   17 June 2014 3:08pm   Response to TheThistle, 17 June 2014 2:47pm  
 

Greece will only exit if those who matter (IMF + Germany) tell it to do so.

So sit quiet and wait until you're told by the grown ups.

 
follyhunter  
 

17

 
  follyhunter   17 June 2014 3:11pm   No pics of the Greek cleaning ladies today?

No pics of the Greek cleaning ladies today?

 
  follyhunter
 

19

  follyhunter 19 June 2014 10:22am ATL: In Greece, cleaning workers who lost their jobs last

ATL:

In Greece, cleaning workers who lost their jobs last summer in the austerity cutbacks are protesting outside the office of New Democracy, the governing party.

Thanks for the info! Just a bit sad that there's no picture.

Please tell the Twitter journalists to keep us updated in case the cleaning ladies cross the street to get out of the sun.

  follyhunter
 

19

out of the sun.   follyhunter 19 June 2014 3:57pm Response to jonsnow92, 19 June 2014

Academic rigor has never been the strong point of europhiles. 'The Project' is their oxygen - figures and facts are not that important.

Bull. This is all about money and Greek pride.

Had the EU pumped more money into Greece, you Greeks here would all be europhiles.

  follyhunter
 

23

be europhiles.   follyhunter 23 June 2014 10:17am Response to kizbot, 23 June 2014 8:52am But

But a fair summing up of why Cameron doesn't want that bastard Juncker.

Ah you Greeks. All people who do not hand you free money are bastards.

  follyhunter
 

26

are bastards.   follyhunter 26 June 2014 11:29am Seems like the Greeks found a new tax
  follyhunter
 

30

Greek system.   follyhunter 30 June 2014 2:08pm Response to kizbot, 30 June 2014 1:28pm while

while the 25% fall in Greek GDP shows how great it is to be in the EZ

The Greek blaming game again.

  follyhunter
 

01

Greek GDP shows how great it is to be in the EZ The Greek blaming game

A bit of neutral info for those Greeks here who do nothing else, than blame the Troika. For the Sydney news:

At the height of the crisis Greece ran a budget deficit equivalent to 13.5 per cent of its gross domestic product (compared with 4.1 per cent in Australia). Its gross public debt was 115 per cent of GDP (as against 16 per cent in Australia), and rising rapidly. And the banks would not lend more.

How did it get there? Take its pension system. Greeks can retire early on a lifetime pension equivalent to 80 per cent of their final salary, and indexed to match wage growth. They receive 14 months a year of pension payments, with bonuses at Christmas and Easter. The OECD estimates that some Greeks actually receive more on the pension than they did when they were working.

Greece is the land of bankrupts and luxury pensions, tax dodgers and rip-offs. It's a country where the authorities use satellites to search for houses with swimming pools, in order to send the owners a tax bill. It reported that Greeks on average paid almost $A2000 a year in bribes, and shops routinely refused to provide tax receipts for purchases.

And that is part of the story. Greece joined the European Union, joined the euro, but never became part of that northern European culture in which officials, taxpayers and citizens obey the law because they see the state as theirs. In Greece, tax evasion and corruption are rife. Transparency International's annual index finds investors rate it the most corrupt country in the developed world, worse even than Saudi Arabia and Ghana.

  follyhunter
 

02

and Ghana .   follyhunter 02 July 2014 10:43am Response to WoodWorker2008, 02 July 2014 9:26am

There is more civil war action in France after an Algeria football match than in Greece since the beginning of the crisis.

  follyhunter
 

09

of the crisis.   follyhunter 09 July 2014 11:01am Response to WoodWorker2008, 09 July 2014 10:01am

Not too many people post on this blog anymore.

By reporting on this stuff, they keep at least the Greek posters.

  follyhunter
 

10

Greek posters.   follyhunter 10 July 2014 11:12am Response to jonsnow92, 10 July 2014 9:55am Perhaps

Perhaps them righteous northerners are not that much different from the lazy southerners after all

Are you Greeks dreaming about this sort of thing at night?

  follyhunter
 

10

  follyhunter 10 July 2014 1:59pm Response to follyhunter, 10 July 2014 11:12am Seems like some

Seems like some of the Greeks here are so obsessive, they've even got multiple characters registered here.

Time for the mods to check some IP addresses

  follyhunter
 

10

some IP addresses   follyhunter 10 July 2014 4:10pm Response to DonJuan, 10 July 2014 4:08pm

Some members should consider leaving the bitching EU and join the Eurasian Union.

Please go ahead and don't forget to take Greece with you.

  follyhunter
 

11

Greece with you.   follyhunter 11 July 2014 10:31am Response to mrwicket, 11 July 2014 10:09am

In case some of you have forgotten (or don't think it matters), Italy are running the European show for the next six months so just calm it right down.

Don't worry. Nobody outside Italy will take notice.

Just like when Greece held the presidency for the last 6 months. Nobody took notice of that non-event either.

  follyhunter
 

15

non-event either.   follyhunter 15 July 2014 3:36pm Response to jonsnow92, 15 July 2014 12:06pm Apart

Apart from Germany(And Finland, Netherlands) I think anyone is in aggrement over fiscal transfers.

Only the broke and backward European South is in some sort of agreement here. Nobody else.

And the South only wants the one way street fiscal transfers, the one's where money is flowing south and the South does nothing in return.

  follyhunter
 

17

in return.   follyhunter 17 July 2014 10:39am The Russian ruble has weakening this morning, losing

The Russian ruble has weakening this morning, losing 0.75% against the US dollar in early trading.

The French and the Greeks and the Italians want a weak Euro to strengthen the export of their not so good products.

How about joining Putin's Eurasia Ruble instead?

  follyhunter
 

17

  follyhunter 17 July 2014 2:27pm Response to equusmulusoctopus, 17 July 2014 2:08pm This is a

This is a business blog and not for weird news from the European periphery.

I forgot for a moment that Greece is basically a bronze age culture and you can't understand these things.

VW and Fiat are car makers and a possible take over would be big business news indeed.

  follyhunter
 

18

news indeed.   follyhunter 18 July 2014 12:05pm Response to windguy, 18 July 2014 11:41am This

This crisis will blow over.

That mentality keeps Greece in the bronze age.

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18

the bronze age.   follyhunter 18 July 2014 2:17pm Response to jonsnow92, 18 July 2014 1:30pm

tomorrow could be - 2% + 2% not 2%.

If the ECB be run by Greece, I wouldn't doubt it.

Thank God it's not.

 
  follyhunter
 

21

not.     follyhunter 21 July 2014 11:00am Response to equusmulusoctopus, 21 July 2014 10:54am People

People simply can't pay, they've been squeezed dry.

Bold claim.

Greeks didn't pay their taxes in past, long before the crisis.

  follyhunter
 

21

the crisis.   follyhunter 21 July 2014 3:59pm Response to usacitizen, 21 July 2014 3:43pm Hey,

Hey, James Pethokoukis (no thanks Greece), the ECB's inflation target is 0% up to 2% and not 2%.

Get your facts straight before writing about spending other people's money.

  follyhunter
 

22

spending other people's money.   follyhunter 22 July 2014 10:22am Response to kizbot, 22 July 2014

to come over to Greece and meet up with our boys in the Ministry of finance. We could show them a trick or two when it comes to book fiddling and number crunching.

When we Neutrals say such thing on this blog, the Greeks call us racist.

22

22

22

Not so good news on Chinese debt.

Some people are not surprised by this development of Chinese debt. The Chinese are doing a lot of business with Greece lately.

23

23

23

This post is a great example of the humility that endears so many to Greece.

24

24

24
 

Bloody Germans.

won't say who, but a certain country could learn a lot from them bloody Germans. (Hint, officially the most corrupt European nation).

I

24

24

24

guess the Germans don't want to hurt the indigenous population by ignoring their local customs and say: "When in Rome do as the Romans do".

I

In this case the Greeks.

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25

25

And finally over to Greece where the battle to stop Sunday Shopping reached new heights as the case was taken to the country’s highest court.

The shops should be open in Greece on Sundays.

That be good for the tourists there who've got real money to spend.

And a great opportunity for large European companies like Metro, Aldi, Penny, Lidl, Saturn or Media Markt to strengthen their business there.

Let's be honest, the little Greek shop owner hasn't got a future anyway.

After six straight years of recession – and with liquidity still at

chronically low levels - most store staff have not been paid in months.

Jezz, I rather work at Lidl.

 
follyhunter  
 

28

  follyhunter   28 July 2014 9:09am Response to kizbot, 28 July 2014 8:57am Bring on

Bring on the Greek cleaning ladies.

 
follyhunter  
 

28

  follyhunter   28 July 2014 1:02pm Response to Rialbynot, 28 July 2014 11:41am I think

I think of all that EU money wasted on the Greeks.

You just said something negative about Grecce. Prepare for over twenty replies telling you how you're wrong.

follyhunter  
 

28

wrong. follyhunter   28 July 2014 1:08pm I continue to believe the only way to change

I continue to believe the only way to change Greece's behavior is to ban travel of all Greeks to civilized places in the world.

When Papandreou's friends are forced to live in the EU protectorate and have no access to their villas in the south of France or their homes in London, behavior will change.

Let them buy summer homes in Syria and North Korea. Enjoy the fresh air in Beijing! Let them behave in Shanghai, the same way they behave in the ski lines of the Alps, and see what happens.

In the meantime, the quality of life improves in London and the south of France.

follyhunter  
 

28

of France. follyhunter   28 July 2014 1:11pm Response to follyhunter, 28 July 2014 1:08pm BTW,

BTW, the Russians are more humble than the Greeks.

follyhunter  
 

28

the Greeks. follyhunter   28 July 2014 4:30pm Response to kizbot, 28 July 2014 12:47pm In

In Greece it is always the other guy who did the bad deed.

And never the good simple folks

never.

follyhunter  
 

28

never. follyhunter   28 July 2014 5:09pm Response to windguy, 28 July 2014 3:02pm This is

This is a very simple way to summarize debating with the putinbots.

Non putinbot: "It is raining in Moscow" Putinbot: "It rains more in London" LOL

Greek humor.

That'll impress the Putinbots.