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Thread: The Eurozone is stabilising

  1. #7151
    Politics.ie Regular PUFF DADDY's Avatar
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    can I ask an ignorant question and looking more likely, how much irl inc bailout part 2 ?

    Meanwhile, surgeon (greek) now on 1700e a mth as per bbc news 24 just now.

    Greek MPs - And you thought our MPs were bad. Chief business correspondent Louise Armitstead highlights this jaw-dropping claim in today's Open Europe press summary:

    On his Coulisses de Bruxelles blog, French journalist Jean Quartemer claims that Greece’s 300 MPs are the best paid in Europe, with a post-tax monthly of salary €8,500. The MPs also receive monthly expenses allowances of €4,900, a €1,200 allowance for participating in parliamentary committees, a €1,800 allowance for office expenditure, while transport is free

    Debt crisis and Greek debt talks: as it happened - February 7, 2012 - Telegraph

    min wage €750 a mth

    WTF
    Last edited by PUFF DADDY; 8th February 2012 at 12:30 AM.
    A BIG FAT NO TO ANY NEW EU TREATY
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    EU ordinary citizens want IRL to vote NO in EU REF.

  2. #7152
    Politics.ie Regular Dublin 4's Avatar
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    Hopium is the ultimate commodity as Ireland is The World's No 1 Debtor
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  3. #7153
    Politics.ie Regular DownTheyGo's Avatar
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    Quote Originally Posted by Dublin 4 View Post
    Citibank came up with Grexit term which got me thinking last night, Exirled?!

  4. #7154
    Politics.ie Regular DownTheyGo's Avatar
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    Quote Originally Posted by Dublin 4 View Post
    We're all waiting for your signature DTG- when are you putting us out of our suspense?


    "When facing a loaded gun, what's the difference?"
    Dublin 4 likes this.

  5. #7155
    Politics.ie Regular WTTR's Avatar
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    A Contrarian Bets Ireland and Hungary Will Rebound

    Today, his fund owns at least $2.5 billion in Irish government bonds. His Hungarian bet is even bigger, at more than $3 billion in that shakier country’s debt. The Irish bonds have been the far stronger performers, rallying more than 35 percent from the middle of last year.
    "No warning can save a people determined to grow suddenly rich." - Lord Overstone.
    "hadn't met any Irish people that were afraid of anything" - Christine Lagarde. 2008.

  6. #7156
    Politics.ie Regular Dublin 4's Avatar
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    I wonder who is going to buy his coupons

    BUDAPEST (Reuters) - Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying.
    Hungary seeks 15-20 billion euro IMF/EU credit line: official - Yahoo! News
    Hopium is the ultimate commodity as Ireland is The World's No 1 Debtor
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  7. #7157
    Politics.ie Regular WTTR's Avatar
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    Quote Originally Posted by hmmm View Post
    Bye bye Greece, a poor effort all round.

    Although I still think a deal will be agreed, it is pretty irrelevant for the Eurozone.
    Not if you are dealing with a Prime Minister who is an ex Goldman Sachs executive. How about taken a cursory glance at some statistics?

    BIS tell us that the over the counter derivatives outstanding is €700Tn and rising!

    Let's say 30% of these are based in Europe.

    Greece has 2% of the European GDP

    Greece could account for CDS etc worth about $4,200,000,000,000.

    Equivalent to 70% of the world's GDP.

    The financial people have this world well screwed up.

    Now, the Greeks have the inside track.

    They will be no push-overs.

    Papademos knows! Knowledge is power! The Greeks will reach their goal!

    Thalatta! Thalatta!

    Greece is where the imaginary financial world meets the real world.

    A very appropriate meeting place in the historical sense.

    Is it any wonder Big Man Bernanke is on stand-bye?

    What's he got? A row of Squirt Guns across his chest!
    Last edited by WTTR; 8th February 2012 at 03:44 PM.
    "No warning can save a people determined to grow suddenly rich." - Lord Overstone.
    "hadn't met any Irish people that were afraid of anything" - Christine Lagarde. 2008.

  8. #7158
    j26
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    Quote Originally Posted by WTTR

    Not if you are dealing with a Prime Minister who is an ex Goldman Sachs executive. How about taken a cursory glance at some statistics

    BIS tell us that the over the counter derivatives outstanding is €700Tn and rising!

    Let's say 30% of these are based in Europe.

    Greece has 2% of the European GDP

    Greece could account for CDS etc worth about $4,200,000,000,000.

    Equivalent to 70% of the world's GDP.

    The financial people have this world well screwed up.

    Now, the Greeks have the inside track.

    They will be no push-overs.

    Papademos knows! Knowledge is power! The Greeks will reach their goal!

    Thalatta! Thalatta!

    Is it any wonder Hellicopter Bernanke is on stand-bye?
    Can you explain what this means, please?

  9. #7159
    Politics.ie Regular Blucher's Avatar
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    Quote Originally Posted by WTTR View Post
    Not if you are dealing with a Prime Minister who is an ex Goldman Sachs executive. How about taken a cursory glance at some statistics?

    BIS tell us that the over the counter derivatives outstanding is €700Tn and rising!

    Let's say 30% of these are based in Europe.

    Greece has 2% of the European GDP

    Greece could account for CDS etc worth about $4,200,000,000,000.

    Equivalent to 70% of the world's GDP.

    The financial people have this world well screwed up.

    Now, the Greeks have the inside track.

    They will be no push-overs.

    Papademos knows! Knowledge is power! The Greeks will reach their goal!

    Thalatta! Thalatta!

    Greece is where the imaginary financial world meets the real world.

    A very appropriate meeting place in the historical sense.

    Is it any wonder Big Man Bernanke is on stand-bye?

    What's he got? A row of Squirt Guns across his chest!
    Gross CDS on Greece are reported at about €70bn.

    Net at about €5bn.

    Debunking Some Myths About The "Greek CDS Contagion" Threat | ZeroHedge

  10. #7160
    Politics.ie Member H.R. Haldeman's Avatar
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    Quote Originally Posted by Blucher View Post
    Gross CDS on Greece are reported at about €70bn.

    Net at about €5bn.

    Debunking Some Myths About The "Greek CDS Contagion" Threat | ZeroHedge

    WTF? ZeroHedge cautioning against excessive doom-mongering?? Now I've seen it all.

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