stevebt

iTrader: (8)

I wonder what will happen now? It's been obvious this was going to happen at some point soon. I just wonder what it will be like for those who have booked a holiday to Greece when the country is bankrupt.


Make sure you get plenty of roubles in if your heading there this summer


http://www.bbc.co.uk/news/business-32864068

lordharding

iTrader: (1)

We won't be far behind them as Cameron's paying 64 million per day into the EU
We get about half of it back so not exactly the best investment
Also 12 billion per year in foreign aid

Interesting that in one hundred countries listed I recognise less then half of them
The money wasted is this once great country is shocking
But people voted for Cameron

So remmember guys
No more then 86k in each bank acount and keep a bit hidden under the mattress
Just in case

boomer

... but isn't that the "government backed" amount, so if the country goes bankrupt then the guarantee is worthless?

mb

DanGlennon

Greece hasn't had any money for a long time. This is the latest "we're bankrupt" statement in many before another huge euro bailout.

wrx300scooby

Too true, logical really.

jayallen

iTrader: (31)

I find the fact they have no money hard to believe.............I spent a day in Rhodes last Saturday where we had 4 English breakfasts, 1 tuna sandwich, 3 coffee's and 3 apple juices, it cost 63 euros!

stevebt

iTrader: (8)

But are they going to bail them out? Germany holds lots of the debt for Greece and I think even they have had enough of them saying " let us off with our debt". The country has been bankrupt nine times before so it's easy to see how they will play it.

stevebt

iTrader: (8)

Just imagine how expensive that will get when they go under, an all inclusive holiday will be bread and water

jayallen

iTrader: (31)

Whilst on the fast Cat on the way over we were talking about maybe spending a week there in September , but not now!

The night before across the water in Marmaris we had 4 steaks, 2 children's pizza's, 2 beers, 4 cokes and desert for Ł36 I love how cheap Turkey is!

Petem95

Greece will surely leave this year, you can only kick the can down the road for so long.

If they were to stay in and write off debts like the Greek government wants, then you'll have other struggling EU members like Italy and Portugal wanting the same treatment.

The whole EU mess is just one big failed socialist experiment - the sooner we're out the better. Pleased to see the Conservatives taking an increasingly anti-EU stance and bringing forward the referendum.

f1_fan

iTrader: (9)

Bored with the whole Greece has no money stories frankly! Put up or shut up EU!

Dingdongler

The lefties want non British EU residents in the UK to be able to vote in the referendum. How can you possibly justify that??

Luckily it looks like the Tories are going to resist that ridiculous idea

Matteeboy

A big smokescreen to hide the plight of nations like the UK; who is in much bigger trouble.

f1_fan

iTrader: (9)

Shhh... don't tell the Tories on here that, they do not like the truth!

dpb

Cos we were so much better off with Tb liar....

hodgy0_2

it's not quite that simple

the problem is confusing public and private debt

our public debt is not on the same planet as Greece, (not even in the same universe)

however our personal debt is much much worse - Greeks on the whole have very very little personal debt

we are going to Greece this summer (again) btw - will be quite interesting!!!!

f1_fan

iTrader: (9)

As I said you don't like the truth!!!

Matteeboy

The problem we have is not down to individual governments; they all like to think they make an impact but they don't; the deficit is too large for a few piecemeal "savings" - its decades of overspending on things we can't afford but short termism means proper cuts would never get votes.

So the deficit gets bigger, we're spending naff all on our future infrastructure, sod all on educating future engineers, farmers, people that actually contribute (which is NOT bankers who are just expensive parasites) and generally heading at high speed into a crash.

But artificially inflate house prices to make people feel rich, keep interest rates low so idiots can borrow their backsides off and keep printing money and short term, those without their own brains think we're doing fine.

Governments will do all they can to pretend they're making a difference but they're all the same; at some stage, and it might still be many years, there'll be a crash so spectacular, we'll all be queuing for miles for a loaf of bread.

Dingdongler

If there is a 'crash' of the proportion I think you are talking about you then forget about loaves of bread, just invest in the biggest shotgun you can!

^Qwerty^

We are on holiday there end of July/August time. If they drop out the Euro between now and then, will prices go up or down in terms of food, drink etc?

I can sort of see that the holiday islands and such like could do rather well by accepting Euro/$/Ł's and then essentially becoming their own P&L and buying in directly anything they need, but is that possible? As for the rest of the country, unless they have something somebody wants, I cant' see it going too well.

mrtheedge2u2

If you think the UK is in much bigger trouble than Greece then you are off your rocker

stevebt

iTrader: (8)

If Greece dropped out before your holidays which is doubtful prices will rise a lot as the rest of the world will punish them so buying or borrowing will be crazy with a worthless currency

Dirk Diggler 75

This ^^^^

Edmondo

40 million Ken Dodd's

dpb

Bye bye

dpb

During the country’s centurieslong occupation by the Ottomans, avoiding taxes was a sign of patriotism. Today, that distrust is focused on the government, which many Greeks see as corrupt, inefficient and unreliable.

“Greeks consider taxes as theft,” said Aristides Hatzis, an associate professor of law and economics at the University of Athens. “Normally taxes are considered the price you have to pay for a just state, but this is not accepted by the Greek mentality.”


You'd have to feel slightly annoyed they want us to top up their pensions

madscoob

iTrader: (3)

corporate commercial greed will have to end soon, and massive companies/corporations will just have to pay tax properly as there wont be enough minnions paying tax to keep them afloat, i did read somewhere on the internet that if all the large companies/corporations payed 15% tax, no one earning less than 25k per year would have to pay tax, just think i would be 1500quid a year better off and what am i going to do with it, oh i know spend it with said large companies/ corperations making them and us all better off, it's not astro physics is it mr cameron, phillip green avoided paying 192million in tax last year just because his wife own's it all on paper and lives in monnaco, that's the same as 128000 people paying 1500 pounds a year tax, that's why we are all firked commercial GREED

Martin2005

I think Greece has suffered enough for the folly of their leaders and the egos of the EU.
The level of suffering is far too much now.
Time to exit and move forward.

BTW I know lots of people like to blame tax evasion for all the problems of Greece, but in reality that has played a very small role in all this.

Far far more tax is avoided in the UK than in Greece!

dpb

Is that a fact

Proportionate to gdp ?

alcazar

iTrader: (2)

Link?