Greece

[redvanman]

The Greeks want the rest of the EU to keep them what a big Greek cheek

[redvanman]

This carry on is a good reason not to let turkey in to the EU

[Zacs-Master]

I think Turkey are damn glad they're not in the EU.

If they do exit, will the sun headline be:
Bubbles Burst?

[ichkeria]

Turkey economically is a different kettle of fish to Greece
If Tsipras thinks his rambling address to the European Parliament is going to help then he is seriously misguided

[Zacs-Master]

I don't think Tsipras cares Ich. As I see it Greece have the upper hand. The EU are asking them for a plan but have no option but to bail them out if they don't come up with one as the EU is in danger of collapsing like a house of cards and share prices tumbling compared to the ROTW if they chuck them out.

[Gromit]

Turkey and Greece are miles apart economically.

Turkey's is one of the top 20 economies in the world and is better than more than 20 existing EU member states. Its GDP is about 4 times that of Greece.

The main reason for barring Turkey's EU membership (other than the Greeks object to it) are more political than economic. France who share most of the power with Germany are against it purely because Turkey is a Muslim country.

If Turkey had been admitted instead of Greece, the EU and the €uro woyld not be in its present mess.

[sevenOP]

"..EU is in danger of collapsing like a house of cards and share prices tumbling compared to the ROTW if they chuck them out."

It may not be the only 'House of Cards' that is endangered:

Global GDP: $72 trillion

$555 trillion in currency and interest swaps for which the collateral is $100 trillion in bonds
the paper(derivative) value of gold is worth 100 times the value of the actual physical gold humans possess.

Here is a two year old estimate from the Bank of International Settlements - 'the Bank for central banks' - where to word 'trillion' is commonplace:

http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=4&cad=rja&uact=8&ved=0CDsQFjAD&url=http%3A%2F%2Fwww.bis.org%2Fpubl%2Fotc_hy1311.pdf&ei=ZpacVb-3EYW6-AHV2oS4Bg&usg=AFQjCNFvb0jIz1a_xbaMjDHQZozooHhvuQ&;bvm=bv.96952980,d.cWw

[ichkeria]

The EU isn't going to collapse if Greece leaves. Or the euro
That is the great hope of the far left and the far right not to mention Russia. But wanting it won't make it happen. Greece needs the euro etc more than the EU needs Greece and if Tsipras doubts that he is a fool

[Khandro]

I think the EU and it's agencies would be happy to pull the plug on Greece - and then possibly give some form of humanitarian aid, but the problem is (as always) the US putting enormous pressure on Merkel to keep them in at all costs as part of it's continuing artificial contest founded in paranoia with Putin.

[retrocop]

I am sure the bear is willing to help out Greece with a few roubles in exchange for a few parking spots for a new Mediterranean fleet.

[Zacs-Master]

"if Tsipras doubts that he is a fool"

He's not a fool but he's a man with pride who seems to have the ear of the nation. Power corrupts (and can appear to make people a fool).

[Old_Geezer]

I read that Greece has now capitulated to the EU and so have a lifeline for a few more months. Has it just delayed the inevitable, or will it all turn around somehow now ?

[redvanman]

Can sum one tell if thy are all Muslims if so what a lot of trouble we are importing