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This includes pension reforms, liberalising its economy (from Sunday opening hours to opening up closed professions), privatising its energy transmission network, reforming its labour market practices (including new rules on industrial action, and collective dismissals), and action on non-performing loans:
Can someone ELI5 what it means to liberalise the Greek economy? I thought that was kind of the problem to start with. A bloated public sector and low worker efficiency. Wouldn't becoming more liberal just increase those issues?
This is called kicking the can down the road. Now they kick the can one more time, only selling out the people and the country to the banks. I feel bad for the greeks. They even voted overwhelmingly against these austerity measures, but the government still sold the country out.
why the fuck did they let the public vote if they had no intention of listening and acting on the people's wishes? If I had voted in a referendum, and the govt did the opposite, I would be pissed!
WELL. Goodbye Euro, if anyone is into currency trade they should probably sell on the Euro immediately, unless Greece defaults again (it wouldn't.. would it?) and pulls out from the EU.
Just the opposite the EURO and all has skyrocketed on this news.
The only thing that will change any of this is FED-RES increase interest rates and that may never happen.
IMF(ISRAEL) kicking the can for Greece can go on forever, this money is free, todays 3rd round is only $85 Billion USD, that is shit the US FEDERAL RESERVE sends trillions every month backdoor to Brussels
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[–] crokus 0 points 1 point 1 point (+1|-0) ago
Can someone ELI5 what it means to liberalise the Greek economy? I thought that was kind of the problem to start with. A bloated public sector and low worker efficiency. Wouldn't becoming more liberal just increase those issues?
[–] taxation_is_slavery ago (edited ago)
It allows the entities that buy up all the state assets at firesale prices to man them with cheaper, and perhaps foreign, workers.
This is an attempt to enslave Greece.
[–] k3ksninja 1 point 1 point 2 points (+2|-1) ago
This is called kicking the can down the road. Now they kick the can one more time, only selling out the people and the country to the banks. I feel bad for the greeks. They even voted overwhelmingly against these austerity measures, but the government still sold the country out.
[–] Vajayjay ago
why the fuck did they let the public vote if they had no intention of listening and acting on the people's wishes? If I had voted in a referendum, and the govt did the opposite, I would be pissed!
[–] freeVoat 1 point 1 point 2 points (+2|-1) ago
Israel extends THIRD bailout package to Greece,
Well you know what they say in HELL, "Third time is a Charm"
"Israel(IMF) kicks the can third time for Greece"
[–] aeffess ago
WELL. Goodbye Euro, if anyone is into currency trade they should probably sell on the Euro immediately, unless Greece defaults again (it wouldn't.. would it?) and pulls out from the EU.
[–] freeVoat 0 points 1 point 1 point (+1|-0) ago
Good Point, I will bite the BAIT, IMHO anybody into currency trading that holds EURO should have got out prior to 2008 and stayed out.
There are ONLY two good currency on earth the SGD, and CHF both backed by GOLD all else is worthless paper.
Now I agree when U talk currency-trade, your probably talking PAIRS and trades which is gambling, and folks who gamble generally end up poor
[–] freeVoat 0 points 1 point 1 point (+1|-0) ago
Just the opposite the EURO and all has skyrocketed on this news.
The only thing that will change any of this is FED-RES increase interest rates and that may never happen.
IMF(ISRAEL) kicking the can for Greece can go on forever, this money is free, todays 3rd round is only $85 Billion USD, that is shit the US FEDERAL RESERVE sends trillions every month backdoor to Brussels
[–] freeVoat ago
Thanks for the intelligent comment, never seen that before on VOAT, here we only see 18-28 yr old white-males talk about their porn.
[–] shmegegy 1 point -1 points 0 points (+0|-1) ago
all you do on this site is bash israel. you clearly have an agenda. go back to reddit