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How many troops do you think the modern German Populace will agree to send to Athens to enforce their demands?
The real question is how many troops will Greece send to get the money it needs.
Professor Varoufakis in London:
The chancellor hosted a meeting at 11 Downing Street with his Greek counterpart, Yanis Varoufakis, who, just a week after being elected, is on a whistlestop tour of Europe to win support for renegotiating Greece’s €240bn (£181bn) bailout.
“We had a constructive discussion, and it is clear that the standoff between Greece and the eurozone is the greatest risk to the global economy,” Osborne said. “I urge the Greek finance minister to act responsibly but it’s also important that the eurozone has a better plan for jobs and growth.
“It is a rising threat to the British economy. And we have got to make sure that in Europe, as in Britain, we choose competence over chaos.”
Varoufakis, fresh from talks in France on Sunday, was in London before meetings with the Italian prime minister, Matteo Renzi, and the head of the European commission, Jean-Claude Juncker.
Varoufakis expressed optimism that a deal could be achieved within days. “There will be a deal within a very short space of time that is going to make it perfectly clear to everyone that Greece can play within the rules and in a way that puts the Greek crisis away, once and for all,” he told Channel 4 News.
The economist, who was appointed finance minister last week after anti-austerity party Syriza swept to power, has offered to produce proposals for a reworked debt deal within a month. He has appointed Lazard, the US investment bank, to advise on Greece’s negotiations about its debt, which amounts to more than 175% of GDP.
Sounds like the Chancellor is more worried about Syriza standing firm and stretching out the timeframe to a deal, than Syriza is worried about making a deal.
How many divisions and cash for the occupation of Athens does City of London have?
Sounds like the Chancellor is more worried
This country is not even in the euro zone. Are they gonna pay for Greece? I don't think so.
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Alexis Tsipras "Open Letter" to German Citizens Regarding Extend-and-Pretend Unserviceable Debt
http://globaleconomicanalysis.blogspot.com/2015/01/alexis-tsipras-open-letter-to-german.html
Mish