Senate Greek politics thread

Probably that some German company is ready to buy it on the cheap?

EDIT: Other than the hashtag #ThisIsACoup, which is trending worldwide, this is going viral on Greek Twitter:

 

Now I know why I like Greeks.

 

'Government-run institutions are inherently inefficient, and given the large debts owed selling assets is required' would be my guess.

I doubt those in favour of austerity have much time for a national-interest argument for keeping essential utilities.

 

Sentients are for dark rituals. Otherwise, as far as I am concerned, an Endorian chicken gyros needs to be a thing.

This comes from somebody who is turning a small Greek coastal town into a place near Abatore, Vagran. GFFA is Balkans, k?

 

That's a poor pretext when you're asking a country to do it by Wednesday (not 'you' you, 'you' someone). I'm betting my right hand there's a buyer already lined up who will pay a fraction of the value. This is what happened with every single privatisation so far.

 

Same here and, in many cases, whatever they purchased would be repurposed.

 

Yup. Because Balkans and all that.

 

And then people get fired, or - worse - are kept at their jobs with no salary for months, years. I am not sure if you guys have a law against that, but I hope that, as an EU country and all, you do.

Also, who owns the land? Can, say, a foreigner buy a piece of land and not just rent it?

 

In light of the vast structural reforms they are proposing at this pace, I should doubt any legal protections of those sort pose a meaningful barrier.

 

It's especially appropriate in that, after finally getting the leaders of Naboo into their custody, they abandoned the idea of signing the treaty and decided to just kill everyone instead for no reason.

 

After almost 12 hours of negotiations, that is very likely!

Unless they resort to 'aggressive negotiations'.

EDIT: AN AGREEMENT HAS BEEN REACHED

 

Actually, isn't it wealthy, tax-dodging Greeks (as opposed to the other 95-99% of the population, who have been driven into poverty) who are buying up much of the privatized stuff on the cheap?

Edit: also, there are reports that Tsipras called the Referendum hoping Yes would win so he'd be off the hook when he caved in to Eurogroup demands.

 

Greece has 48 hours to achieve a program, which took Thatcher 8 years to do in Britain.

 

But you know how conservative those Britts are

 

That has been mentioned several times by many newspapers. In essence, the supposed plan was to ask for a referendum, YES to win and Tsipras to agree on the same terms as today. That way he would prevent any political backlash he might face by the NO voters in hope of a better deal than this one.

But it didn't and thus he went to the negotiations in order to achieve a better deal, only to result in agreeing to a worse deal than that of January.

Apart from all that, there are rumors that elections will take place in September, due to the fact that SYRIZA is so fragmented right now.

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One thing I find particularly stunning is that the deal would eliminate laws about stores being closed on Sundays. Those rules are considered almost sacred in Germany.

 

Makes no sense to me either. You'd think Germany's liberal party, the FDP, were running the talks, but they're actually nearly dead, not even represented in the Bundestag.

 

The "agreement" is packed with so much nonsense that there's no way it can be implemented. The timeframes are simply ridiculous for the targets that have been set and this will just result in a bunch of laws that exist only on paper, like many laws in Greece (and trust me on this, I'm a lawyer -- most laws here exist only on paper).

The most ludicrous bit must be the privatisation of €50 billion worth of assets (for reference, under the terms of the previous bailout, the target was €22.5 billion by 2020 and actual so far is €4.2 billion). Every single person in that Eurogroup meeting knows that the €50 billion are a pie in the sky, but everyone is pretending that this is an agreement. It's not. It's a sad farce. In a few weeks, a few months tops, we'll be living last night's Grexit drama again, and with a more fragmented political system at the national level.

Bear in mind that the so-called agreement isn't a bailout agreement, but an agreement on prior actions in order to start bailout negotiations. Apparently it's essential that Greek shops open on Sunday for customers that don't have money in order for negotiations to start.

I'd be surprised if we don't find out in a few years that today is the day when all European governments and opposition parties started drafting contingency plans for returning to their national currencies, just in case something goes wrong. The worm is in the European apple now.

Both Greek oligarchs and multinationals, actually. In the case of the electricity distribution grid, a German company is the most likely scenario because that's the pattern all around Europe and because our oligarchs don't do electricity in the first place, but of course this may be an opportunity for them to diversify

 

An agreement that is not an agreement - sounds like I've just tumbled down a rabbit hole after Tweedle-dum and Tweedle-dee. Politicians will do anything - sacrifice anyone - to save their raggedy backsides. Financial/economics majors in uni could have drafted better ideas/viable options without putting the regular citizen through a coronary waiting for the second shoe to drop. Does that at least help liquify funds/pensions? And Chyntuck - I am on tinterhooks wondering what this does to your own personal plans in Sept.