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Early Returns Show Greeks Reject Terms of E.U. Bailout
New York Times ^ | Sunday, July 5, 2015 | Suzanne Daley

Posted on 07/05/2015 12:11:53 PM PDT by SunkenCiv

"I voted with my heart and also my mind," said Marie Triadafillou, who works in transportation logistics and voted yes. "I believe when you are in a union you cannot leave. We say in our country if the sheep leaves the flock it cannot live."

...Martin Schulz, the head of the European Parliament, who had offered at one point to come to Greece to campaign for a yes vote, said on Sunday that Greece would need to prepare to operate without the euro and with a parallel currency if there was a no vote on Sunday. While Greece would remain in the euro, it "will have to introduce another currency after the referendum because the euro is not available as a means of payment," he said in an interview broadcast Sunday on Germany's Deutschlandfunk radio. He added that he hoped the risk of such a change would induce Greeks to vote yes....

The French economy minister, Emmanuel Macron, on Sunday called on Greece's creditors to resume discussions with Athens immediately after the referendum, no matter the outcome, and warned against punishing Greece in the event of a no vote...

At a polling station in a middle-class Athens neighborhood, Baizar Tazerian, 76, said... "No, means that we don't have to say yes to whatever they are saying," ... At a polling station in a southern neighborhood of Athens, Pantiotis Andrikopoulos, 33, a student, said he planned to vote no "because I don't like being blackmailed by the E.U." He did not buy European arguments that a no vote meant Greeks wanted to leave the eurozone. "I'm for Europe but against the memorandum," he said, as he stood in a long line of people waiting to vote.

(Excerpt) Read more at nytimes.com ...


TOPICS: Germany; United Kingdom
KEYWORDS: alexistsipras; bailout; europeanunion; france; germany; greece; greececrisis; greecereferendum; greekcrisis; greekreferendum; nato; nothanks; syriza; unitedkingdom
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To: SunkenCiv

From the comments, looks like the liberals think this is a great thing because they are standing up to the banks.


21 posted on 07/05/2015 12:38:00 PM PDT by MNDude (God is not a Republican, but Satan is certainly a Democrat.)
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To: Cowboy Bob

33 year old student, and they can retire and receive a pension at age 50.


22 posted on 07/05/2015 12:38:12 PM PDT by Flavious_Maximus
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To: lee martell

Unless it has been outlawed lately, it is not unusual for a “yes” to mean “no” and a “no” to mean “yes” where I have voted.


23 posted on 07/05/2015 12:39:05 PM PDT by odawg
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To: Fungi

It might be hubris, but I don’t think we are next.

I think other European socialist democracies are much farther long that path. Spain and France come to mind.

But another shoe will drop. Eventually.

And it will be ugly.


24 posted on 07/05/2015 12:40:13 PM PDT by BlueNgold (May I suggest a very nice 1788 Article V with your supper...)
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To: SunkenCiv

The more I’ve researched this the more I like it. They are standing up for themselves as a sovereign State and telling the EU to stick it.

Politics aside, I admire that.


25 posted on 07/05/2015 12:40:19 PM PDT by RIghtwardHo
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To: SunkenCiv

AMF!


26 posted on 07/05/2015 12:45:03 PM PDT by depressed in 06 (America conceived in liberty, dies in slavery.)
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To: lee martell

“I think that Greece should leave the EU. They are not ready or collectively willing to live up to any terms of austerity, or making good on their debts.”

I agree. The transition INTO the EU was a total fraud and it was perfectly predictable that a country with such a miniscule GDP could ever conform to the req’ments. But, the transition OUT of the EU will crush their economy and roil their society in very serious ways. It won’t be pretty, for the Greeks.


27 posted on 07/05/2015 12:46:45 PM PDT by Attention Surplus Disorder
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To: RegulatorCountry

They will get the amounts of their junior drachmas, but those amounts won’t buy anything. They *will* starve.


28 posted on 07/05/2015 12:48:33 PM PDT by Attention Surplus Disorder
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To: BlueNgold

I agree. France or Spain or Portugal may very well be on their way. Once the printing presses at the “federal” “reserve” start, they will never stop and then the end is nigh...


29 posted on 07/05/2015 12:48:44 PM PDT by Fungi
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To: Attention Surplus Disorder

It’s really bad now.

Greeks can’t use iTunes, the App Store, PayPal and more thanks to the financial crisis
http://www.freerepublic.com/focus/f-news/3307978/posts


30 posted on 07/05/2015 12:50:45 PM PDT by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: proxy_user; RegulatorCountry; aMorePerfectUnion; abb; BlueNgold; Norm Lenhart; dsrtsage; ...

whoops.

Greek Referendum Polls Close: “No” Seen Ahead By Most With Over 51% Of The Vote http://www.freerepublic.com/focus/news/3307983/posts


31 posted on 07/05/2015 12:51:24 PM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW)
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To: proxy_user

“This will be very unpleasant”. Well, for most of the Greeks, it likely will-they’re so indulged they’ve apparently forgotten how to work and live in a self-sufficient way-but I’m sure if the hotel and car rental prices are cheap enough, tourists will come to gawk at them, eat that primitive food, stay in accommodations built 500 years ago, etc-my husband and I did that in Mexico and Guatemala quite a few times as our vacation.. .

I don’t see why they would have a problem with burning wood and using herbal infusions-we do that in rural areas now/still-olives are delicious, and so is cabrito roasted on a grill or open pit-yum...


32 posted on 07/05/2015 12:51:29 PM PDT by Texan5 ("You've got to saddle up your boys, you've got to draw a hard line"...)
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To: proxy_user

“If they do that, they will not be able to import food, medicine, or oil, because they won’t have any money that foreigners will take.”

China, Russia or other will likely seek rights to the Current Greek NATO Navy and air bases etc,,in exchange for oil, food, etc.

This is a high stakes game and the Euros know it. Lots of bluff and bluster on both sides. If it was as simple as cutting them off the Euro with no worry for Europe, it would have already been done.


33 posted on 07/05/2015 12:52:05 PM PDT by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office)
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To: Norm Lenhart

Hey cut him a break.....

Yeah, its not like the 33 year old student was protesting gay marriage while waving a confederate flag. As long as he isn’t doing that, what could possibly be wrong?


34 posted on 07/05/2015 12:55:19 PM PDT by Vermont Lt
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To: abb

“Iran has a fungible commodity that is in high demand: oil. Greece has nothing, save tourism.”

Greece has strategic geography they can sell to the highest bidder instead of hanging with NATO. They have good pipeline route position, and huge gas fields are being discovered all over the eastern Med.

This is a messy deal, but Greece is not without bargaining power. I love to see the EU take it in the shorts. But deep inside, I think that a Greek default to the EU, means the US taxpayer will be left holding the bag. It makes no sense, but just watch.


35 posted on 07/05/2015 12:56:19 PM PDT by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office)
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To: RIghtwardHo

Problem is they’ve nothing to stick to anyone. They’re broke and want to continue their current lifestyle. Not gonna happen.


36 posted on 07/05/2015 12:56:24 PM PDT by ealgeone
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To: Vermont Lt

He is our future. Only a crazy person would deny this man an education...until he applies for retirement bennies.


37 posted on 07/05/2015 12:58:04 PM PDT by Norm Lenhart
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To: abb

“The thing about oil, it takes WORK to get it moving - and work appears to be something that Greeks are not familiar with.”

The Saudis and Kuwaitis are probably the laziest people on earth. The thing about having oil, is you can hire hard working people to extract it for you and stand by to reap the benefits.


38 posted on 07/05/2015 12:58:20 PM PDT by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office)
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To: SunkenCiv

Greece is a welfare state “on steroids” that has jumped the tracks. Thanks a million for the billions that the chumps have “invested” in you. Good luck with the tourist industry.


39 posted on 07/05/2015 1:00:07 PM PDT by windsorknot
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To: DesertRhino
Greece has strategic geography they can sell to the highest bidder instead of hanging with NATO. They have good pipeline route position, and huge gas fields are being discovered all over the eastern Med.

This is true, if you assume Europe as a whole is indeed 'strategic.' An argument could be made that none of the Euroweenies are worth saving, let alone Greece.

40 posted on 07/05/2015 1:01:08 PM PDT by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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