Yes? No? Greek Voters Are Perplexed by a Momentous Referendum.

[Debby]

I would've loved to have one of Greece's credit cards. Looks like they are going to get a loan AND debt written off.

http://www.nytimes.com/2015/07/10/w...ntentCollection=Home+Page&pgtype=article&_r=0

Looks like NATO pressured the Germans to pony up. Especially after rumors of Putin getting ready to do something.

Just curious as to what rumours of Putin getting ready to do? Do you have a link?

I know that the two countries signed a deal to build a gas pipeline through Greece that would provide construction jobs in Greece and I know that Putin has said that if asked, Russia would help Greece with finances. But other than that???

 

[Warrigal]

Austerity is still on the table. The no vote changed things a little but there is still pain ahead.

Greece's parliament votes to back package of reforms

Sat 11 Jul 2015, 10:40am


Photo: Greek prime minister Alexis Tsipras defends the painful bailout proposals. (Reuters: Alkis Konstantinidis)

Greece's parliament has voted to back a package of reforms which were put before the Eurogroup on Friday.

In a late-night session of parliament, the country's prime minister Alexis Tsipras and finance minister Euclid Tsakalotos rallied support for the plan.
Prime Minister Tsipras admitted mistakes had been made during negotiations with European creditors.

Mr Tsipras also conceded the austerity measures included in the third bailout proposal were harsh and that they didn't match his party's election pledges.

More to follow.

http://www.abc.net.au/news/2015-07-11/greeces-parliament-votes-to-back-package-of-reforms/6612238

 

[WhatInThe]

Austerity is still on the table. The no vote changed things a little but there is still pain ahead.

Greece's parliament votes to back package of reforms

Sat 11 Jul 2015, 10:40am


Photo: Greek prime minister Alexis Tsipras defends the painful bailout proposals. (Reuters: Alkis Konstantinidis)

Greece's parliament has voted to back a package of reforms which were put before the Eurogroup on Friday.

In a late-night session of parliament, the country's prime minister Alexis Tsipras and finance minister Euclid Tsakalotos rallied support for the plan.
Prime Minister Tsipras admitted mistakes had been made during negotiations with European creditors.

Mr Tsipras also conceded the austerity measures included in the third bailout proposal were harsh and that they didn't match his party's election pledges.

More to follow.

http://www.abc.net.au/news/2015-07-11/greeces-parliament-votes-to-back-package-of-reforms/6612238

This is like using a credit card to pay another credit card along with being a bit of a dine & dash since some debt will be written off.