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Greece To Default??

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Greece To Default??


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Message posted by Sid Ari on 23 September 2011 at 6:58pm - IP Logged Legal Disclaimer Corfu Photos
Sid Ari
Corfu
Link for Gerry P's post.


Good Night and Good Luck Greece

Message posted by Dextercat on 23 September 2011 at 7:28pm - IP Logged Legal Disclaimer Corfu Photos
Dextercat
Corfu
Quote: Originally posted by Sid Ari on 20 September 2011
Quote: Originally posted by janmanessi on 20 September 2011
If the problems have made people look after their land then that is one of the few pluses of the awful crisis.

I read this link with interest and a smile.
Shouldn't really find it humorous but when a forestry worker get s bonus for working outdoors what else can you do as this is comedy at its best.
A civil servant allegedly gets bonus for turning up to work on time.
How's that then??



The people who are going to be most affected by this crisis have ALWAYS looked after their land. I can't see the hierarchy, who own most of the land and traditionally grow their little finger nail long to show the 'peasants' that they 'do not do manual labour', suddenly thinking 'Ah well, no work so I may as well tidy up the garden and grow a few veg or pick a few olives'.



Message posted by Homesick on 23 September 2011 at 7:52pm - IP Logged Legal Disclaimer
Homesick
Corfu
It happens in the UK too. The bin men (persons) get a bonus for turning up on time, the bonus should have been you get to keep your job. I forget the details but other departments found out and pay outs were made, I beleive in the region of 20k, in Hull I think. Sorry a bit off topic but just to show its not just in Greece!

Message posted by stevie f on 24 September 2011 at 12:56am - IP Logged Legal Disclaimer Corfu Photos
stevie f
This is my opinion,

Default now and technically go bust. I think Germany, France and the UK will survive.

Take control of your own destiny, look after your own people.

A single currency shared by rich and poor countries does not work as the poorer countries do not control their own interest rate and therefore cannot compete.

Forget the austerity measures as the people cannot afford it, go back to normal and collect tax more efficiantly in the future.

If Greece continues down the EU road it will be in debt for 50 years, there will be mass unrest and it will kill tourism.

Come on Greece, stand up to them, it's in your history to resist.

Worst scenario, 10 to 20 years of difficulties. Better than 50!

A devalued ecconomy would see tourists flooding back in to aid recovery.

In Corfu with my wife in 2 weeks time. 4 days in Pelekas and 3 days in Athens...

Regards, Stevie

Message posted by Dave and Kerry on 24 September 2011 at 1:29am - IP Logged Legal Disclaimer Corfu Photos
Dave and Kerry
Corfu
Stevie .. have to agree with what you say mainly because the Euro is a joke and the UK needs to leave the EU, it has proved that it is nothing more than a millstone around the neck of a country including the UK. Staying with the Euro will only see decreasing numbers of tourists to Corfu and Greece as a whole and the likes of Ryanair, Easyjet and Jet 2 could well pull their flights due to lack of numbers which would be so bad after the years people have spent getting them to fly to Corfu.

Bulgaria and Turkey would be 2 of the winners due to still having their own currency and not being EU members.

Message posted by Sid Ari on 25 September 2011 at 11:56am - IP Logged Legal Disclaimer Corfu Photos
Sid Ari
Corfu
The word on Sky news and MANY other sources is now WHEN Greece defaults and not IF. EU financiers have decided that Greece WILL be allowed to default and that the last bailout payment was just buying time to put a 'firewall' around the rest of the EU banks to soften the blow. European markets have plummeted and the US has been putting pressure on the EU to 'sort it out' before it affects most of the world. It will be a controlled default with Greece paying 50% of their debt and then leaving the eurozone. This will mean a return to the Drachma and Greece once again in charge of it's empty, debt ridden banks. This is very serious and worrying news. Greece will be left to fend for itself with very little chance of foreign monetary aid. At one time Greece had money being thrown at it from all directions by the west due to their geographical position during the cold war which one expert said was ironic as the only country that maybe now interested in investing in Greece is Russia.

Message posted by Dave and Kerry on 25 September 2011 at 2:41pm - IP Logged Legal Disclaimer Corfu Photos
Dave and Kerry
Corfu
Sid ... there have been quite a few people from Russia, Ukraine and other Eastern countries buying land and property on Corfu in the last few years!!

Message posted by jrk on 25 September 2011 at 3:25pm - IP Logged Legal Disclaimer
jrk
Corfu
It is more a question of when rather than if, I reckon. Probably before the festive season?

Message posted by Susanna on 25 September 2011 at 5:32pm - IP Logged Legal Disclaimer Corfu Photos
Susanna
Corfu
Actually, I think you are wrong about countries not being interested in Greece's geographical position. America has long been keen to keep a foothold in the southern Mediterranean, and Turkey being largely Muslim is not such a safe bet.

Message posted by JohnandHilary (Reborn) on 25 September 2011 at 9:14pm - IP Logged Legal Disclaimer Corfu Photos
JohnandHilary
Corfu
Russia and Holland over the last four years have been trying to invest heavily on Corfu to my knowledge.

The old Club Med site in Dassia, the Kalami peninsular and many large estate type buildings that I know of. We have had a couple of the less well heeled Russians view our property for sale.

I ask myself, four years ago these enquiries were made, just how much information did these other nationalities have before we were aware of the current economic crises in Greece?

J&H  

              




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