Greece to hold European debt deal referendum

PS_RalphW · Post by **PS_RalphW** » 03 Nov 2011, 14:53

PM backs down on referendum.

PM still not resigning, prefers power over any pretence of integrity.

Post by **adam2** » 03 Nov 2011, 15:47

The Greek people will now riot, having been "promised" a referendum and then denied this.

the_lyniezian · Post by **the_lyniezian** » 03 Nov 2011, 16:00

biffvernon wrote:Latest news from twitter: Greek government halts production of hummus and taramasalata. Europe braced for a double-dip recession

Groan...

2 As and a B · Post by **2 As and a B** » 03 Nov 2011, 16:03

A government promising a referendum and then reneging on it. Can you imagine that?!

the_lyniezian · Post by **the_lyniezian** » 03 Nov 2011, 16:35

2 As and a B wrote:A government promising a referendum and then reneging on it. Can you imagine that?!

Certainly not. Can you imagine that ever happening in the UK?

UndercoverElephant · Post by **UndercoverElephant** » 03 Nov 2011, 16:40

I can't believe I fast this story is rattling along. There's a major new angle coming out about once every thirty minutes.

I reckon they'll hold it together until the markets close on Friday afternoon and then try to bodge some new solution together over the weekend.

alternative-energy · Post by **alternative-energy** » 03 Nov 2011, 17:19

2 As and a B wrote:A government promising a referendum and then reneging on it. Can you imagine that?!

Yes, I thought Papandreou was playing high stakes for the benefit of his country. Now it seems that staying as PM is more important to him than giving the Country the chance to back or reject the bailout conditions. This development can only lead to more chaos.

UndercoverElephant · Post by **UndercoverElephant** » 03 Nov 2011, 23:12

"We are in a new world now."

Kirsty Wark a few minutes ago on Newsnight and she meant it.

Ludwig · Post by **Ludwig** » 03 Nov 2011, 23:16

Craig Murray:

"There has been little reporting or understanding of what happened on the ground in Greece over the last week. 372 Foreign “advisers” moved in to take over Greek ministries, in some cases even sequestring minsters’ offices. They have absolute financial control of budgets and have to approve and sign off spending before money is paid out. In effect, these advisers are now the government of Greece. 28% of these “advisers” are civil servants from other Euro states. The majority are of bankers, and executives of private financial institutions, accountancy and consultancy firms.

Anybody who thinks this is going to work out is raving mad."

http://www.craigmurray.org.uk/

Ludwig · Post by **Ludwig** » 03 Nov 2011, 23:17

To state the bleedin' obvious: we should look at how things unfold now in Greek society for a foretaste of what will be happening here in a year or so's time

PS_RalphW · Post by **PS_RalphW** » 04 Nov 2011, 07:55

I am entering my personal Greek phase. My employer is in administration.

I'm glad I've been preparing for this.

ujoni08 · Post by **ujoni08** » 04 Nov 2011, 17:24

Oh hell, sorry to hear that, RalphW. I hope things go okay for you.
Jon

SleeperService · Post by **SleeperService** » 04 Nov 2011, 19:17

Good Luck Ralph

I may be headed the same way after tomorrows shift

madibe · Post by **madibe** » 04 Nov 2011, 23:45

Sorry to hear about that Ralph.

Is there a plan B?

snow hope · Post by **snow hope** » 05 Nov 2011, 10:15

Oh dear - bad news indeed Ralph and SS. Hope you guys are able to find something else to bring in an income.... good luck.