(07-09-2015, 10:32 AM)Briandao Wrote: At "my" bank's website, I read about the Greeks voting down on more austerity and here is, translated, what they finished their article with:
"What to expect?
On Sunday night, greeks celebrated the "no" in Athens. The question is what they were celebrating? More of a great uncertainty?
Most analysts estimates that the likelihood of Greece leaving the EMU has increased.
But one shouldn't underestimate the political will to keep the monetary cooperation intact. To be continued."
Wow, not biased at all...
Sadly, it is probably true, the government won't default, what is more likely is them having their banks closed for a long, long time, and goodbye to the money you had in them for that much time
Leaving the EU, they don't have their own currency, and if they get it, no one's going to buy it from them. How will they pay the imports for food which they use? Tourists won't flock to Greece at this time
It might have worked if their government had planned for this, already printed notes, and was ready to default. But now? Months and months before anything can happen, and no doubt planned