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.

Tsipras Names Ally to End Varoufakis Era of Confrontation

Good cop , bad cop

Kathimerini: 16 of 18 eurozone countries want Grexit

According to Greek newspaper Kathimerini, Grexit is beginning to sound like a good option for most of the eurozone. They write:

"According to sources in Brussels, 16 of the other 18 countries in the eurozone are in favor of letting Greece leave the eurozone and they will have to weigh up the cost of any agreement to keep Athens in the single currency."

Greek banks did not open today as promised. It will be at least until Thursday.

Dug up by leeds across the road:




Euclid Tsakalotos, an Oxford-educated economics professor, was sworn in as Greek finance minister on Monday night, having already served as chief negotiator on the debt crisis for the Syriza-led government.

---


He attended Eton College; other sources say that he attended St Paul's School, London. He went on to read Politics, Philosophy and Economics at the University of Oxford. He later completed a master's at the University of Sussex, and a doctorate in 1989 at the University of Oxford.

---

When at the University of Oxford, he joined the student wing of the Communist Party of Greece.

Better qualified than Georgie boy with his 2.1 and Dickensian economic book of economics!

Greek Debt Crisis - Five simple facts explain what is going on

I dunno why the ECB and IMF don't just send the boys around.

Yours!

An interesting interview.





Yanis Varoufakis: the economist who wouldn’t play politics - See more at: http://blogs.channel4.com/paul-mason-blog/yanis-varoufakis-economist-play-politics/4081#sthash.mUklv0H7.dpuf

http://blogs.channel4.com/paul-mason-blog/yanis-varoufakis-economist-play-politics/4081

WELFARE BENEFITS
wherever these are set, there will always be people who are on the fringes who get squeezed
however, the culture where people will opt NOT to work because they get more from benefits assuredly needs to be stopped insofar as it is possible

Osborne may scrap maintenance grants for students and turn them into loans.

no idea of the budget details, though the market seems to approve

if the uk leave the eu . then countries in the eu will go bankrupt without the uk pot
the uk is keeping the eu alive . cut the rope and let it drift

BUDGET
to my mind, the most important and far-reaching clause is

:: Commitment to new National Living Wage £9 per hour by 2020. Starts next April at £7.20 per hour. "Britain deserves a pay rise and is getting a pay rise." OBR predicts "fractional" affect on jobs. National Insurance contributions cut to help small firms.

only allowed to claim for two children from 2017 it should be from next april

a done deal with Greece as been done but will announce it over the weekend

Doesn't sound like it. They are still talking in generalities.