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PoliticAverse

(26,366 posts)

20. Well one thing is they have to meet certain budget surplus targets in order to get additional funds.

Reply to NobodyHere (Reply #17)

Fri Jul 10, 2015, 11:30 PM

Jul 2015

So no surplus target met no next bailout payment.

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Greek MPs back bailout reform plan [View all] Bosonic Jul 2015 OP

so sad ananda Jul 2015 #1

I agree. nt GliderGuider Jul 2015 #3

The Greek government has the clear backing of the population and the legislature. Fred Sanders Jul 2015 #4

Greece blinked, they accepted more austerity to remain in the Eurozone. n/t PoliticAverse Jul 2015 #8

The Greeks have accepted some concessions, as the creditors will accept concessions. Call it whatever Fred Sanders Jul 2015 #9

The majority of the Greek people supported what has gone on to create this mess. PoliticAverse Jul 2015 #11

Greece tried to play a bad hand. Adrahil Jul 2015 #30

I guess there's only one Iceland n/t Hydra Jul 2015 #2

Iceland is not part of the EU. former9thward Jul 2015 #5

Iceland has it's own currency. 132 Krona to the dollar, 148 to the Euro. Fred Sanders Jul 2015 #10

The Greeks could have and should have gone back to theirs Hydra Jul 2015 #15

To me, it seems like you have no idea what that would mean for the Greeks nt Adrahil Jul 2015 #31

Iceland agrees with you cstanleytech Jul 2015 #24

And once again- ruffburr Jul 2015 #6

Well, keep in mind... Adrahil Jul 2015 #32

"Tsipras admitted many proposals fell short of his party's anti-austerity promises." PoliticAverse Jul 2015 #7

This message was self-deleted by its author 1000words Jul 2015 #12

Higher taxes, pension cuts in new proposal Baclava Jul 2015 #13

damn... NRaleighLiberal Jul 2015 #14

Mr. Bean and the Minister of Awesome fucked Greece. geek tragedy Jul 2015 #16

There wil be a few that want to hang him like Mussolini, but the majority will just blame Germany Baclava Jul 2015 #35

So how long until Greece misses a payment? NobodyHere Jul 2015 #17

Well one thing is they have to meet certain budget surplus targets in order to get additional funds. PoliticAverse Jul 2015 #20

What if they don't meet the surplus targets? NobodyHere Jul 2015 #25

Then they go through this whole process again? n/t PoliticAverse Jul 2015 #26

I don't know what to think bucolic_frolic Jul 2015 #18

A true leader tells the people where they have to go. They need to exit the Euro PoliticAverse Jul 2015 #22

Thanks bucolic_frolic Jul 2015 #29

Tsirpas changed his tune for a reason Adrahil Jul 2015 #33

If they do, they need strict wage and price controls as well, otherwise... FrodosPet Jul 2015 #39

...and the proposal will be rejected by the Eurogroup. roamer65 Jul 2015 #19

That would be the ultimate insult to Greece - they humiliate them by making them agree PoliticAverse Jul 2015 #21

They will do what is best for the rich daleo Jul 2015 #23

Thats not best for the rich thats the best greece because gives them the time to get on their feet cstanleytech Jul 2015 #27

Whatever causes the least disruption in the short run is best for the rich daleo Jul 2015 #37

" I foresee major disruption to the current system of global capitalism." cstanleytech Jul 2015 #38

"I think Tsipras knows this proposal is DOA...". That would explain a lot. Peace Patriot Jul 2015 #28

Oops: Greek proposal is only a 'basis' for bailout negotiation... PoliticAverse Jul 2015 #34

That's a positive sign--means they consider it geek tragedy Jul 2015 #36