Alan Stubbs Posted July 5, 2015 Share Posted July 5, 2015 The IMF briefing the other day seemed like the first admission of some cupability on the creditors' side. I suppose the Europeans could dingy this result and keep the taps turned off but it would seem pretty cruel. If they'd made it clear that this vote wouldn't impact on anything that would be one thing. They did the opposite and refused to negotiate until after the result - which is days from a literal cash crisis. Tsipras apparently speaking to Hollande now, Veroufakis meeting the banks tonight and Holland/Merkel meeting tomorrow. I don't get the impression that this is being treated as a non-event. They're not going to suddenly swan in with a wishlist obviously but there's no doubt the absolute pumping that this is turning into will be causing some headaches. Link to comment Share on other sites More sharing options...
H_B Posted July 5, 2015 Share Posted July 5, 2015 But they also said that the last deal was no longer on the table. I can't see them coming back now with a nicer one. Link to comment Share on other sites More sharing options...
welshbairn Posted July 5, 2015 Share Posted July 5, 2015 But they also said that the last deal was no longer on the table. I can't see them coming back now with a nicer one. Of course they will, they've got no choice, called the Greek bluff and lost. Link to comment Share on other sites More sharing options...
H_B Posted July 5, 2015 Share Posted July 5, 2015 Of course they will, they've got no choice, called the Greek bluff and lost. Of course they have a choice. Dont be foolish. Do you think they just say 'ah well.. Never mind.. So what terms would you like now'? Greece needs them a lot more than they need Greece. Especially with capital controls in place. Link to comment Share on other sites More sharing options...
AberdeenBud Posted July 5, 2015 Share Posted July 5, 2015 Of course they will, they've got no choice, called the Greek bluff and lost. Of course they've got a choice. A pretty unpalatable choice, but a choice all the same. Link to comment Share on other sites More sharing options...
welshbairn Posted July 5, 2015 Share Posted July 5, 2015 The IMF were already retreating on their hardline position before the referendum, the deal will be much closer to what the Greeks were asking for. Link to comment Share on other sites More sharing options...
AberdeenBud Posted July 5, 2015 Share Posted July 5, 2015 It's not only up to the IMF, nor is it a simple as No equals Greece gets a new better deal. Any new offer will also have to be ratified across the Eurozone, including through an increasingly hostile and impatient Bundenstag. Merkel should just call a referendum for shits. Although I do agree that debt relief should, indeed has to be, part of any new offer. The IMF intervention on that front must certainly have been helpful for the Greek government and a No vote. Link to comment Share on other sites More sharing options...
Airdrie Onions Posted July 5, 2015 Share Posted July 5, 2015 Why don't they just liquidate and come back as The Greece Link to comment Share on other sites More sharing options...
Alan Stubbs Posted July 5, 2015 Share Posted July 5, 2015 I'm sure this will drag on for some time and some measure will be found in the coming days to allow that. Presuming the liquidity problems are as bad as described, having still EU citizens dying on the streets suits nobody. Big Yanis wasn't having a laugh calling the capital controls and threats about food/medicine shortages terrorism the other day. Link to comment Share on other sites More sharing options...
AberdeenBud Posted July 5, 2015 Share Posted July 5, 2015 Why don't they just liquidate and come back as The Greece That "joke" was cracked on page 1. Sure there's a puddle somewhere in urgent need of your attention. Link to comment Share on other sites More sharing options...
AberdeenBud Posted July 5, 2015 Share Posted July 5, 2015 Big Yanis wasn't having a laugh calling the capital controls and threats about food/medicine shortages terrorism the other day. I'm a fan of Yanis but that was overblown and unhelpful rhetoric, imo. Link to comment Share on other sites More sharing options...
welshbairn Posted July 5, 2015 Share Posted July 5, 2015 Why don't they just liquidate and come back as The Greece They could do but they'd be demoted from the Euro Premiership down to the Sub Saharan Division for a while. They'd probably come back quicker than Sevco though. Link to comment Share on other sites More sharing options...
Enigma Posted July 5, 2015 Share Posted July 5, 2015 Almost all of Greece save one wee island should hold an independence referendum and become, say, the Alexandrian Republic, take none of the foreign embassies (and none of the debt) and Bingo! Crisis averted. Link to comment Share on other sites More sharing options...
pandarilla Posted July 5, 2015 Share Posted July 5, 2015 Wow that lassie on BBC News has been made to look awful as her party leader (of the main opposition) resigns whilst she's doing an interview. To be fair she handled it very well. Is she representing the far right in Greece? She doesn't seem the sort and I may have just done her a huge injustice. Link to comment Share on other sites More sharing options...
Alan Stubbs Posted July 5, 2015 Share Posted July 5, 2015 I'm a fan of Yanis but that was overblown and unhelpful rhetoric, imo. In a hell of a lot of the vox-pops from the last 24 hours, anger about the severity of the threats against the Greeks has been cited as a decisive vote vinner for No. On a purely campaigning basis, it doesn't seem to have been unhelpful. Overblown possibly but given the possible consequences of the next few days, I can understand why things are getting ramped up a few gears. Link to comment Share on other sites More sharing options...
vikingTON Posted July 5, 2015 Share Posted July 5, 2015 Thank f**k we aren't in the Euro. Much easier to watch from afar with our much lower exposure to this utter shambles.Exposure to actual Greek debt isn't directly linked to Eurozone membership. Slovakia, for example, is unlikely to be shitting it as their banks weren't pumping a Greek property/credit bubble in the first place. France and Germany on the other hand have more to lose. The BBC's salty tears over the outcome are a complete and utter embarrassment.Still - this thread's predictions. Stunning result from a population that didn't shite itself like north Britain; Tsipras now has a clear - but limited - mandate to conduct renegotiation. The troika have gone against general election results so far, but to be seen to stonewall a direct democratic vote of a member state is likely too far for supporters of the European project to actually tolerate. Even if the Greek economy tanks, Syriza now has a significant card to play. Link to comment Share on other sites More sharing options...
pandarilla Posted July 5, 2015 Share Posted July 5, 2015 I'm a fan of Yanis but that was overblown and unhelpful rhetoric, imo. In a hell of a lot of the vox-pops from the last 24 hours, anger about the severity of the threats against the Greeks has been cited as a decisive vote vinner for No. On a purely campaigning basis, it doesn't seem to have been unhelpful. Overblown possibly but given the possible consequences of the next few days, I can understand why things are getting ramped up a few gears. It's a balancing act. They need to be open in their private negotiations but also rally their core support in public. He obviously felt he needed to make a bold statement - I'm all in favour. Link to comment Share on other sites More sharing options...
Alan Stubbs Posted July 5, 2015 Share Posted July 5, 2015 Exposure to actual Greek debt isn't directly linked to Eurozone membership. Slovakia, for example, is unlikely to be shitting it as their banks weren't pumping a Greek property/credit bubble in the first place. France and Germany on the other hand have more to lose. The BBC's salty tears over the outcome are a complete and utter embarrassment. Still - this thread's predictions. Stunning result from a population that didn't shite itself like north Britain; Tsipras now has a clear - but limited - mandate to conduct renegotiation. The troika have gone against general election results so far, but to be seen to stonewall a direct democratic vote of a member state is likely too far for supporters of the European project to actually tolerate. Even if the Greek economy tanks, Syriza now has a significant card to play. Aye, can't believe I applied presumptions about Scottish style shitebaggery to Greece Facking mug. It's going to be tough time ahead for them but I'd be very proud if I was a Greek. Had much worse thrown at them than even we did and still kept their pants white. Link to comment Share on other sites More sharing options...
pandarilla Posted July 5, 2015 Share Posted July 5, 2015 Aye, can't believe I applied presumptions about Scottish style shitebaggery to Greece Facking mug. It's going to be tough time ahead for them but I'd be very proud if I was a Greek. Had much worse thrown at them than even we did and still kept their pants white. I don't think it's a great comparison. Our 'status quo' was far, far better than theirs. They've been truly fucked over by the international banks in a way that simply doesn't apply to us. Link to comment Share on other sites More sharing options...
The_Kincardine Posted July 5, 2015 Share Posted July 5, 2015 Fah Kinell. Posters seeing this a rerun of The Indyref with the answers reversed. How fucking dull do you need to be? Link to comment Share on other sites More sharing options...
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