It's all Greek to me?

[cee-dee]

So Greece owes billions of €uro to several lenders, it didn't make it's June payment of €1.6 billion to the IMF and it now expects to be lent more money?

What have they done with all that money? Frittered it away on........ what? Where's it gone?

If you and I owed substantial sums to various lenders and didn't make repayments as agreed, what would the lenders say if we said we couldn't pay what we owe and asked to be lent more?

[baybizz]

Another article from the German press which says that the British political Left, previously favourably disposed towards the EU, has now turned against it after the Greek saga, and Germany's role in it.

>>  Europe - A Gangster Bailiff.  Britain's Left is shocked by the way the EU dealt with Greece. Although Labour had been inclined to be pro-European, there is a growing mood towards Brexit (Britain leaving the EU).

>> After Greece, everything is different. The British political Left watched spellbound at the way the Heads of State of the euro area countries treated the Greeks in tough negotiations during the night of 12 on 13 July, and was horrified. "The Left has put Britain's withdrawal from the EU on the agenda," said a columnist in the Guardian on July 14.

>> That "feelgood-halo" which the British Left once felt towards the EU, has now been extinguished "by the fate of a country that the EU has driven into an economic collapse, the like of which has not been seen since America’s great depression in the 1930's...

www.zeit.de/wirtschaft/grossbritannien-griechenland-eu-brexit-labour

Comment No. 2 from a reader at the end of the article:

>> The Euro - the Destroyer of European unity:  
On the question of Britain belonging to the EU, it demonstrates the tremendous destructiveness of a monetary union, which hardly anyone really understands, and which those in authority do not know how to manage.

>> Helmut Kohl gave Europe this poison potion. Schäuble and Merkel refuse to give it the antidote -  and the next generation will bury the European Union...

[lightblueberet]

"...The lazy Greeks lie in bed all day..."

Oi...mind your Ps&Qs...I haven't had a decent night's sleep since you came on this thread...only jesting, malacandran, only jesting !  

"...Whereas the earnest Germans go to work, and build Moon rockets..."

...and here's me thinking it was the eternal race between the Yanks and Russkies...silly me !

[malacandran]

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@vasos92 wrote:

"...The lazy Greeks lie in bed all day..."

Oi...mind your Ps&Qs...I haven't had a decent night's sleep since you came on this thread...only jesting, malacandran, only jesting !  

"...Whereas the earnest Germans go to work, and build Moon rockets..."

...and here's me thinking it was the eternal race between the Yanks and Russkies...silly me !

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Let's face it, vasos, you Greeks don't work hard. You don't  pay taxes.  So your country is poor.

Now you want the Germans to give you money.