Alexis Tsipras, leftist leader of Greece’s Syriza party, threatens…
“If they proceed with unilateral action on their side, in other words they cut off our funding, then we will be forced to stop paying our creditors, to go to a suspension in payments to our creditors.”















He’s just stating the blindingly obvious and unavoidable…
Sure, if we don’t give them the money to pay us back, how can we expect them to pay us back?
bottoms up! little boys have never been cheaper!
If the moneylenders need that to be spelt out for them, its no wonder that the EU is up sh*t street.
Beware of Greeks giving credit notes.
Good, someone needs to tell the EU where to go. Tell them where they can stick the EU.
A huge discussion is going on in the comment section of an article in The Financial Times. The majority think the Germans will cave in, due to 1) the possibility of it spreading to other countries like Spain and 2) the huge losses that German banks would incur (due to loans to these peripheral countries).
Everyone seems to agree the Euro was a BAD IDEA.
http://www.ft.com/intl/cms/s/0/614df5de-9ffe-11e1-94ba-00144feabdc0.html#axzz1unANNH8h
will no one think of the poor bankers?
Central bankers. ECB was told to lend the money. It has loaned its entire capital to Greece. That’s why they were exempted from the haircut deal.
Greece defaulting to the ECB takes it out, unless countries bail it out.
A Leftie pointing out the nakedness of a Leftie construct. What’s not to like? As RedEd has been claiming a hitherto unnoticed close rapport with european socialists this week, it will be interesting to see his reaction to this statement.
I will jump on any bandwagon that helps my career – bugger the rest.
Apart from You will be damned if you do and damned if you don’t, what else can you be damned for?
Being Gordon.
Damned if I know.
Now why didn’t I think of that idea to boost the UK economy.
I feel another U-Turn coming on !
The Queen of Spain is stopped from visiting: The “Rock” question suddenly rears its head…….Why? ….. It is obvious – The Govt of is trying to divert the minds of the people from their financial crisis, Just like the Argentine govt and the Falklands…. I wonder if the people of Spain are as stupid as their counterparts in the Argentine?
whoop, sorry – I left out Spain…….
Sure are as stupid Bert. I think it’s something to do with sun be*.ting down on their collective bonces all day long. Silly t*ssers.