Greece, the election results. | ExpatWoman.com
 

Greece, the election results.

2738
Posts
EW EXPERT
Latest post on 26 January 2015 - 12:57

What does this mean? Anyone have a breakdown of what the agenda is and the Euro?

183
Posts
EW NEWBIE
Latest post on 26 January 2015 - 18:10
The "Greek Paradox" is this. Syriza has been elected on a mandate of ending austerity: [i'>The verdict of the Greek people ends, beyond any doubt, the vicious circle of austerity in our country. [/i'> Merkel has made it clear that Greek debt obligations must be honoured and austerity measures are not open for re-negotiation. If Greece does not submit to the Troika's demands re austerity, what impact will that have on its Euro membership? If Greece leaves the currency, what impact will its exit have on other indebted Eurozone countries? If Syriza fails to reach agreement regarding debt repayment how will that impact Greek banks? How can Greece remain in the Eurozone if Syriza fulfils its election promise to end austerity? Dunno. But Margo Channing's line seems apt: [i'>Fasten your seat belts. It's going to be a bumpy night. [/i'> edited by Artemis2 on 26/01/2015 <em>edited by Artemis2 on 26/01/2015</em>
5400
Posts
EW MASTER
Latest post on 26 January 2015 - 17:36
In simple terms (Geddit? ;) ;) ), Greeks will be happier with their lot if they manage to change the terms of their austerity package. In the five years since they have been subject to this austerity package, their debt has actually increased rather than decreased, so it is seen to have served no useful purpose. A lot of Greeks also feel they are being unfairly treated by the EU, particularly by the Germans, who they themselves were allowed to put massive debt behind them after WWII, which is why they are now in such a powerful position economically, but who some Greeks feel actually owe the current Greek National Debt to them in reparation for WWII. As to the eventual effect this will have on the Eurozone, I really have no idea. But I am hoping the Prime Minister Elect will change things for the better - already liking his first Tweet ;) <em>edited by simpleasabc on 26/01/2015</em>
Anonymous (not verified)
0
Posts
EW NEWBIE
Latest post on 26 January 2015 - 14:21
I'm sure the Daily Fail will have a balanced view of things :lol: I'm waiting until my children are in bed so I can sit down and actually focus on some decent perspectives on it. Pretty much everything I've seen in passing so far is negative. Hold on... Daily Fail and Balanced? That's like an article this week from Fox news being balanced :lol: Is the EU divorcing Greece?
2738
Posts
EW EXPERT
Latest post on 26 January 2015 - 13:23
Daza, i looked up the Beeb, Wall street and other online reports but so far not much.
4062
Posts
EW MASTER
Latest post on 26 January 2015 - 13:12
I'm sure the Daily Fail will have a balanced view of things :lol: I'm waiting until my children are in bed so I can sit down and actually focus on some decent perspectives on it. Pretty much everything I've seen in passing so far is negative.
 
 

ON EXPATWOMAN TODAY