Mosha
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Post by Mosha on Jun 28, 2015 16:03:32 GMT 7
Austrians have launched a petition to quit the EU
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The Arrow
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Post by The Arrow on Jun 28, 2015 18:57:58 GMT 7
There was nothing wrong with having a common market, but political and monetary union of federal states with dominant states dictating to weaker states across such broad cultural diversity simply isn't working and should never have been forced on people. A common market plus NATO was as far as it should have gone. I actually think Italy will be next to leave the EU as they're on the front line of mass migration and are bearing the brunt. The UK will vote out because it will become apparent to UK subjects that Cameron is unable to deal with mass migration until the UK is no longer ruled by Brussels. The real costs of the EU will also become apparent during the referendum campaign. Honestly, would the people of the UK really vote to be dictated to by nasty little communists like this? . . . or this? . . . or this?
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Deleted
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Post by Deleted on Jun 28, 2015 19:43:13 GMT 7
It was a bit dolly of that Greek PM to announce the referendum without agreeing to pay the money due on the 30th.
Then again, maybe we have to consider the fact that he's playing a blinder, and he's wanted out of the euro all along.
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The Arrow
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Post by The Arrow on Jun 28, 2015 19:52:26 GMT 7
Greek debt: ECB 'to maintain funding limit'The European Central Bank says it will maintain its emergency funding of Greek banks at the level agreed on Friday.
The ECB said that it stood ready to review the decision on its Emergency Liquidity Assistance (ELA) and would work closely with the Bank of Greece. BBC economics editor Robert Peston says the ECB is not providing any additional aid to Greece, which will lead to huge pressure for capital controls. www.bbc.co.uk/news/world-europe-33304674
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The Arrow
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Post by The Arrow on Jun 28, 2015 21:58:10 GMT 7
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rubl
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Post by rubl on Jun 29, 2015 0:46:44 GMT 7
Latest news has banks staying closed on monday as well as the Greek stock exchange. Unclear if banks will reopen before the referendum has taken place next Sunday (according to the newspaper Kathemerini).
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The Arrow
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Post by The Arrow on Jun 29, 2015 1:15:30 GMT 7
Greek debt crisis: Banks to stay shut on MondayGreek banks will be closed on Monday and capital controls will be imposed, Prime Minister Alexis Tsipras says.Speaking in a televised address, Mr Tsipras called for calm and said bank deposits were safe. Earlier, the European Central Bank (ECB) said it was not increasing emergency funding to Greek banks. www.bbc.co.uk/news/world-europe-33305019How quickly can the Drachma be reintroduced? What happens next?
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Mosha
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Post by Mosha on Jun 29, 2015 4:19:03 GMT 7
They should drop the demand that new member countries should adopt the Euro.
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Mosha
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Post by Mosha on Jun 29, 2015 19:24:55 GMT 7
Pound and USD up as SE countries retreat to the dollar.
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The Arrow
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Post by The Arrow on Jun 29, 2015 21:53:50 GMT 7
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Post by rgs2001uk on Jun 29, 2015 23:08:23 GMT 7
I have said it before, if Greece was a horse, they would have shot it years ago and put it out of its misery.
Personally, I am loving it, what a blinder played by the Greeks, lets throw the markets into turmoil, has Christine Lagarde soiled her pants yet?
Of course not, its not her money, she has no dog in the fight.
IMF, ECB and Central bankers,parasites the bloody lot of them.
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rubl
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Post by rubl on Jun 29, 2015 23:13:22 GMT 7
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The Arrow
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Post by The Arrow on Jun 29, 2015 23:50:49 GMT 7
The Greeks now must do an "Iceland". Tell the lot of them to shove it and crack on. They're in persistent turmoil with this in any case and nothing will change until they a. default and b. leave the EU.
Hoping the rest of it will follow and we can all be rid of the parasites in Brussels. Then Europe can get back to being a common market and nothing more.
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Mosha
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Post by Mosha on Jun 30, 2015 6:45:37 GMT 7
Either last year or the one before. A bloke said the formation of the Euro was poorly done. It was said by the guy whose brainchild it was.
The Euro may have worked if it had been restricted to N European countries. I don't include France, they have a coast on the Med. As new countries joined the Euro, goals should have been set. Unfortunately the Euro was founded on political rather than financial thinking.
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Mosha
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Post by Mosha on Jun 30, 2015 12:08:58 GMT 7
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