Interesting times ahead for Greece

[Br.IanVonTurpie]

http://www.adelaidenow.com.au/news/world/anarchists-threaten-with-greece-facing-ultimate-financial-doomsday/story-fni6um3i-1227406426350


EUROPE'S finance ministers have failed to reach agreement on the future of Greece today as a run on the banks saw mass cash withdrawals, shares plunge to a three-year low, the State admit its broke and the riot squad deployed across Athens to battle Molotov-wielding anarchists. 
 
Eurozone leaders will hold an emergency summit on Monday to avert Greece defaulting on loans and dropping out of the EU as their finance ministers meeting in Luxembourg failed to reach any agreement today.




That meeting was seen as the second last chance to work up a deal after the IMF firmly said there would be no more credit offered to Greece and come June 30 it could default and trigger a EU-wide crisis.

"It is time to urgently discuss the situation of Greece at the highest political level," European Council Donald Tusk said of Monday's "emergency summit" to be held in Brussels.

Already both Germany and the UK have drawn up contingency plans for if Greeks move to drop out of the EU, even down to how to get their tourists and expat citizens out should the banks suddenly close and leave them stranded.

That seemed a faint prospect after it was revealed that Greek savers pulled 2 billion Euros (AUD$2.9 billion) from banks in the past three days after last weekend's failed talks.

The withdrawals increased today after the latest failed meeting and the IMF confirming there was no more credit to be offered to Greek's ever increasing desperate but defiant leftist leader Prime Minister Alexis Tsipras to avert default on its 1.6 billion Euro loan.

[Br.IanVonTurpie]

http://www.adelaidenow.com.au/busine...-1227420488512


GREECE faces a banking collapse as the last of their ATMs get emptied by panicked citizens, banks are forced closed for at least a week, the value of the euro tumbles and share markets slump across Europe.

Emergencies meetings were being held across Europe today notably in Germany which has been called on by European partners to halt the slide of Greece out of the European Union.

The German market was expected to lose as much as 65 billion euro (AUD$94 billion) by Monday with a 4.3 per cent stockmarket slump when markets opened, Italy and Spain also suffering heavy losses on markets and government bonds as was Portugal with a 6.5 per cent slump as investors scramble in anticipation the crisis signals the start of the "Grexit".



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Well this is rotten news! Seeing a white nation go to crap isn't cool. Those Greek nationals with a Greek Passport living in other allied states will have to "vamoose" or nationalise if they leave the EU.

If anything that could be good comes out of this , the people will do something to put "Golden Dawn" back in power. If the EU isn't going to get it's fingers in it.. who knows they could be more allies with their Orthodox Bothers Russia?

[Br.IanVonTurpie]

[Br.IanVonTurpie]

http://www.vdare.com/articles/what-financial-crisis-greeks-government-electing-a-new-people-anyway

News you've not heard from Greece: today (July  7) three parties in the Greek Parliament asked for a delay in new citizenship legislation that will not only legalize about 150,000 immigrants from Asia and Africa—into a Greek population of just 11 million— but will also set the basis for a massive influx of more, because of family reunification rulings.
Abroad SYRIZA is only known for its anti-austerity stance. But its stance on the EU-Greece relationship is not as much a priority as is its Leftist agenda: the abolition of any traditional structure in Greek society and Electing a New Greece through mass non-traditional immigration.

So, while it is very possible that in the next few hours EU and Greece will reach an agreement, thus depriving Greece of any chance of reclaiming its own currency, the more important changes made by SYRIZA in the first few months of its government are hard-core Left: the legalization of homosexual marriage; the reviving of the Left-dominated state television network; the citizenship law.[ Greek Lawmakers Pass Bill To Reopen State Broadcaster ERT, By Niki Kitsantonis, April 29, 2015]