[Qwerty1234]

Originally posted by Jicky

I'm with you man.

Why are the Brits so intimidate by the Euro I will never understand?

Because they're smart. It allows them to set their own monetary policies.

[Canonical Ensemble]

So, what will Greece do with the debt from now?

[Qwerty1234]

BREAKING: Euro falls as Greece votes 'No' to bailout package. #GreeceReferendum #GreekCrisis

[Jicky]

Originally posted by Canonical Ensemble

So, what will Greece do with the debt from now?

Rather what will the EU do?

Eurozone countries need to write off some of Greece's debt until it reaches sustainable levels and the economy can start growing again. That's the only way forward.

It's clear what worked for Ireland for instance doesn't work for Greece.

[RomanNavy]

This entire thing is irrelevant as the proposition of the Eurogroup has already basically been rejected as the current government said **** u europe.

Whatever the outcome the proposition would still be rejected we know how greece is by now

[BadMonster]

Originally posted by Jicky

Rather what will the EU do?

Eurozone countries need to write off some of Greece's debt until it reaches sustainable levels and the economy can start growing again. That's the only way forward.

It's clear what worked for Ireland for instance doesn't work for Greece.

The best way would be to do nothing and watch Greece crash and burn including all the riots etc, then the EU can demand anything they want or Greece should opt out of the Eurozone

[*Tim]

Can we not just kick them out tho?

[BadMonster]

Originally posted by *Tim

Can we not just kick them out tho?

No, they didn't consider the possibility this would happen so there's no rules for this situation, the only thing they can do is act like Greece doesn't exist so it might leave voluntarily

[*Tim]

But since there is no rules they could force them out no? I mean I'm not here for Greece dragging us down a little before they fall into the pits

[Jicky]

Originally posted by RomanNavy

This entire thing is irrelevant as the proposition of the Eurogroup has already basically been rejected as the current government said **** u europe.

Whatever the outcome the proposition would still be rejected we know how greece is by now

The Eurogroup has to start listening to Greece and the IMF as well. The IMF warned without a debt relief for Greece they will never recover...

There will be a deal I am sure of that now....

The ECB and the Eurogroup were hoping for a Yes vote and Syriza to fail, it didn't happen. Now they have to open the cash taps for banks again(which they decided to close unlawfully) and figure out how to help Greece with Syriza in government.

[retromaury]

So they're gonna go back to the Drachma?

[BadMonster]

Originally posted by Jicky

The Eurogroup has to start listening to Greece and the IMF as well. The IMF warned without a debt relief for Greece they will never recover...

There will be a deal I am sure of that now....

The ECB and the Eurogroup were hoping for a Yes vote and Syriza to fail, I didn't happen. Now they have to open the cash taps for banks again(which they decided to close unlawfully) and figure out how to help Greece with Syriza in government.

I don't think there will be a deal, it will just go bankrupt and banks will stay closed for a while cuz there is no money

[*Tim]

Well knowing the European Leaders they'll probs get a deal anyway, without any sort of consent from tge people paying that ****

[GypsyLife]

Originally posted by Cz!

The point of the Euro is Europe becoming a superpower. Otherwise China will eat us up.

Well now it's Greece that will eaten by either China or Russia, depending who they wanna be friends with when the rest of the world will not want to borrow them money.

[Jicky]

Originally posted by *Tim

Well knowing the European Leaders they'll probs get a deal anyway, without any sort of consent from tge people paying that ****

Apparently your country is rich as **** anyway so what's your problem?

[BadMonster]

[Chemist]

Greece will go to the "enemy" side (Russia + China) if the leave which might be better for their economy

[*Tim]

Originally posted by Jicky

Apparently your country is rich as **** anyway so what's your problem?

My problem is that Greece has been ****ing ip for idkhowmanyyears and WE are paying for their **** ups now. Yes I fully realise the Greek are poor, but they themselves got them in this **** so they really can't be trynna boss us around in this situation

[Komet blu]

All of this is such a mess, whatever the outcome is, no one really know what exactly will happen. Lowkey scurred, ngl.

[retromaury]

Like the German Chancellor said, they should have never let Greece into the Eurozone
They will bring all the other economies down since they lied to get into the EU