So the poor old Greeks have been faced with the fact that they can't just vote their debts into

[Berni]

non-existence.

And who knew that voting for a political party on the basis that they made vague, left-wing noises, promised stuff they couldn't deliver and didn't wear ties would turn out to be a **** idea, eh? It's almost like they were totally incompetent, isn't it?

[Rich]

[Classic Jorge]

Privatise everything, it's almost as if the banks make money out of that sort of thing.

[Berni]

Greece also has to put some of its national assets in a trust based in Luxembourg that would hold them as collateral for money advanced and privatise them as needed. So in other words, their nationalised industries and infrastructure have basically been taken away by the bailiffs.

The only concession is some vague wording about debt restructuring that doesn't actually promise anything.

[Pat Vegas]

after 6 years.

[Berni]

Luxembourg, ffs! Europe really is descending into farce. :hehe:

[Berni]

Actually, what would be really funny is if the entire country decided to move to Germany and just left the place empty.

The Germans would **** themselves. :hehe:

[Pat Vegas]

I can't see this being resolved easily.

I was watching a programme about nightmare tenants and slum landlords. It's difficult enough to get a person out of your property.

[Alexism - Atheoist]

ALL COUNTRIES are trying to take the moral high ground on repaying debts. Ha! GTFO.

Austerity has ruined Greece's chance of recovery and this will force Grexit. Their debt ratio has increased since it was put in place ffs! Maybe a sign things need to change?

Poor Ireland is next just you watch.

[eastgermanautos]

symbolic more than anything.