Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

Poland does contribute, but they are a net receiver. Germany is the largest, then it is France, Italy and the UK. That ordervmay have changed slightly. It is based on the size of each economy.

A FEW FACTS POLAND HAVE NEVER PUT ONE EURO INTO THE EU COFFERS
THEY ARE SPONGERS

I expect Merkel is ready to talk to the new Government as the last couple of Greek "morons" on charge recently, had not the "Balls" to fulfil the promises just to get in power..........


Merkel Ready For Talks With Greece After Referendum
Mon, 29th Jun 2015 14:51

BERLIN (Alliance News) - German Chancellor Angela Merkel says she is prepared to hold talks with Athens even after Greece's planned referendum next weekend.

"We have to find a compromise," Merkel insists, but says Greece did not want a reach a compromise.

But she added that no one from outside Greece should try to influence the outcome of the July 5 referendum on the terms of the country's bailout.

merkel admires hitler and doing what he failed to do

do the greeks understand that the eu is laughing at them and taking the piss out of all the greeks . but you will have the last laugh

PORTUGAL
i am somewhat of the view that portugal has put its bail-out funds to considerably better use than the likes of spain and obviously greece

though far from out of the woods, i would be surprised if portugal was dragged down, but i'm nowhere near as sanguine for spain

I think the market is ignoring;

Greece population around 11.12 million GDP 215.35 million


The population of the EU approx 507.000 million

EU GDP €14.303 trillion

Of which Greece GDP represents approx 1.3% of that figure.


Try relating figures to market.

The magenta line is more or less how things look to Greek people. Since 2008 or so, under the watchful eye of European Union elites (the central bank, the European Commission, the International Monetary Fund, the government of Germany, etc.), the Greek economy has completely collapsed. And the Greek population has been thrown into a state of dire immiseration.

The yellow line reflects more how things look to European officialdom. Greece is about on track for where you would expect it to be if you extrapolated forward from the pre-euro era. The prosperity of seven years ago was a bubble, driven by imprudent lending and dodgy government finances. Meanwhile, though Greece is a lot poorer than it was it's not actually a poor country in the global sense. As a supplicant looking for charity, Greece is a lot less compelling than India or Guatemala or any number of sub-Saharan African countries.

Seems like the principle of austerity!

It is good for You, or you will lose weight.












And die of hunger.

The richest people in Europe for your interest:

The wealthiest people in the USA States (most have a $billionaire):

The Greek PM may have miscalculated. France, Germany and Italy have said that a no vote in the referendum means leaving the Euro. The fear factor should get a yes. Then they can get rid of the stupid left wing government.

The "stupid left wing government" imo have in principle been right.

Either offer Greece a realistic package or Greece in the long run will be better off out of the Euro (which will fall apart at some point anyway imo).

why is Poland allowed along with Latvia to fleece the uk yet Greece have to suffer

Poland is a shit hole of corruption their leaders are making millions out of the eu
its time to disband the stinking rotten corrupt eu its cesspit

the queen and her family get millions in land subsides she should not make any comments

.

But the money lenders are battering on the doors.

fred what good is a country like Poland that put nothing in to the system just takes
a nation of spongers .uk people can not get nothing if they go to Poland no nhs
Poland allows its rich to pay nothing

EU auditors refuse to sign off more than £100billion of its own spending

Critics attack the EU for demanding that David Cameron pays a £1.7 billion bill despite an official audit failing to give a clean bill of health to more than £100 billion of Brussels spending

eu leaders have claimed on top of their large salaries over 10b in expenses over the last two years the eu the milking cow .
expenses claimed 5 times more than Greece debt

being in unusually cynical frame of mind, i am inclined to believe some very dirty politics are afoot to "depose" tsipras and his crew and to get someone more malleable on board

once that is done, there can be all sorts of skullduggery whereby a huge slab of debt is actually or effectively written off, leaving greece with an affordable rump to repay - ie a rump that represents <130% of gdp