Short term: cheap holidays in Greece
Long term: who knows? IMO it would be a disaster for whole European project - Greece would almost certainly leave, if not immediately then as soon as they start to competitively devalue. For the UK, I would personally say that the precedent of Greece leaving makes Brexit more likely, though that's open to debate. The financial markets would of course wobble initially, but it's hard to say how they'd react beyond that as that will depend on how the rest of the EU/Eurozone reacts. I get the impression from Osborne that he just sees Grexit as an opportunity for the UK to make the most of the Eurozone's woes, which does seem to be a great idea in the long-run. Anyway, just a few thoughts.
Posted By: King on June 19th 2015 at 15:18:32
Message Thread
- This Greek issue (General Chat) - ghostof barry butler, Jun 19, 15:09:31
- Greek..... (General Chat) - usacanary, Jun 19, 19:19:34
- Icelandic banking crisis mkII would occur. no one would invest in France, Spain, Italy etc (General Chat) - Tony Martin, Jun 19, 16:10:09
- ^^^, plus Deutsche Bank will go pop (if it doesn't anyway) (General Chat) - CWC, Jun 19, 16:18:23
- If it happens, it will be one enormous mess (General Chat) - Johnny Comecardiff, Jun 19, 15:44:56
- Tis weird though, the second they got the euro, everything in their world (General Chat) - pants, Jun 19, 15:50:10
- same in germany (General Chat) - Tombs, Jun 19, 16:47:59
- Same in Holland too despite it being illegal. They just waited 6 months and before you (General Chat) - Steve in Holland, Jun 22, 18:16:18
- same in germany (General Chat) - Tombs, Jun 19, 16:47:59
- Tis weird though, the second they got the euro, everything in their world (General Chat) - pants, Jun 19, 15:50:10
- kebabs will definitley go up (General Chat) - Tombs, Jun 19, 15:36:48
- definitely (General Chat) - Tombs, Jun 19, 15:37:56
- Heavy Metal Chunder should be able to tell you, he worked for the UN/EU or summit (n/m) (General Chat) - pants, Jun 19, 15:24:05
- If you have loads of old Drachma, you'll be laughing (n/m) (General Chat) - BSE Canary, Jun 19, 15:21:25
- they'll go to Roubles (n/m) (General Chat) - Jumbo1, Jun 19, 16:22:26
- Drachma ! yummy. Remember having a 10000 Drachma note (General Chat) - pants, Jun 19, 15:30:27
- We went to Greece at lot in the 90's seem to bring more money home than when we left! (n/m) (General Chat) - BSE Canary, Jun 19, 15:38:03
- True, the same resort I've been to 3 times (General Chat) - pants, Jun 19, 15:45:33
- Turkey 💰💰 ... (General Chat) - Tombs, Jun 19, 15:42:11
- We went to Greece at lot in the 90's seem to bring more money home than when we left! (n/m) (General Chat) - BSE Canary, Jun 19, 15:38:03
- Short term: cheap holidays in Greece (General Chat) - King, Jun 19, 15:18:32
- We'll pretend it never hapened cos the EU is the bestest thing since roasting bags. (n/m) (General Chat) - harry boulders, Jun 19, 15:13:43
- Tricky's yer man on this one (n/m) (General Chat) - Old Git, Jun 19, 15:10:10
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