Greece may have to sell some Islands !!!!!!! The South?

dizzycows


Joined: 12/05/2009
Posts: 2736

Message Posted:
21/06/2011 11:08

Some of the conditions being asked of Greece before they get another bail out is that they, will have to look at selling some of their Islands!!!



Perhaps Turkey could 'help' by buying the South of Cyprus!! ...



Wouldn't that wipe the smile off the border police ....

vonny


Joined: 25/06/2009
Posts: 476

Message Posted:
21/06/2011 11:10

lol and it would end the cyprus problem too

walkerscott


Joined: 13/08/2009
Posts: 901

Message Posted:
21/06/2011 11:14

But as long as they remember, "No Deeds - No Money"

cyprusairsoft



Joined: 22/06/2009
Posts: 2066

Message Posted:
21/06/2011 14:30

great idea dizzy thought they had already sold of small islands near corfu

AnthonySmith


Joined: 14/05/2009
Posts: 455

Message Posted:
21/06/2011 14:32

South Cyprus, or indeed Cyprus, is not Greek and never has been.

Stubs


Joined: 01/07/2008
Posts: 641

Message Posted:
21/06/2011 14:39

Threads such as these show a complete lack of understanding of Cyprus and Cypriot history.

dizzycows


Joined: 12/05/2009
Posts: 2736

Message Posted:
21/06/2011 14:53

Stubs if you read the title and the post ,it says nothing that Cyprus belongs to Greece! just that Greece is having to sell something to appease. As Greek Cyprus is 'broke' too, just thought they might like to sell to Turkey , or vis versa , that Turkey just might buy them!!



Nothing to do with the history.....

paddywack


Joined: 04/05/2009
Posts: 959

Message Posted:
21/06/2011 15:00

The bubbles need money this could be the way to get it.

AnthonySmith


Joined: 14/05/2009
Posts: 455

Message Posted:
21/06/2011 15:03

Mess 7, so Dizzycows, how would Greece sell Cyprus if it doesn't own it?

paddywack


Joined: 04/05/2009
Posts: 959

Message Posted:
21/06/2011 15:06

Msg 9

Never heard of Greeks bearing gifts.

dizzycows


Joined: 12/05/2009
Posts: 2736

Message Posted:
21/06/2011 15:13

No Anthony...... Cyprus is in big pooo too, so perhaps they might like to sell to Turkey, ......

ilovecyprus


Joined: 08/05/2007
Posts: 2880

Message Posted:
21/06/2011 16:11

Apparently, half of the small private boats In Greece have left their berths and have headed to Turkey and other Mediterranean ports, so as to avoid paying taxes. These are taxes which are now being levied as part of the austerity measures.

pc4854


Joined: 23/08/2009
Posts: 243

Message Posted:
21/06/2011 16:26

As far as I recall, a lot of the "Greek Islands" were Turkish until the powers that be at that time decided to dismember the defeated Ottaman Empire, so perhaps Turkey should have them back, at a discount of course!

ilovecyprus


Joined: 08/05/2007
Posts: 2880

Message Posted:
21/06/2011 21:37

Holy smoke, we Brits had better hope that the Greeks pull through.



Apparently, our direct banking exposure to Greece is not as high as I previously stated. It is 3.1 billion (not 20 billion), however, when loans are made, the creditor takes out a CDS (credit default swap) , which is an insurance for the creditor should the debtor default. The problem is that the CDS is sold on and then sold on again and then again and so on. This means that it is estimated that Britain's indirect exposure to the PIGS could be as much as 366 billion. If Greece goes and the other countries fall as a consequence - Portugal, Spain and Ireland, Britain will inevitably go down as well.



Its unbelievable that we have not learnt lessons from the last banking crisis.