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originally posted in:The Magic Cesspool
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Edited by AjaxLovesStalin:
7/5/2015 10:03:13 PM
29
Greek Referendum, "No" won
For those of you that don't know, the Greek government is holding a vote to determine whether they should accept Europe's latest attempt at compromising, or if they should outright reject Europe and potentially leave the EU.
The main governing party Syriza (left) is telling its supporters to vote "No", while the right is telling its supporters to vote "Yes".
[quote]Greece's governing Syriza party campaigned for a "No", saying the bailout terms were humiliating.
The "Yes" campaign warned this could see Greece ejected from the eurozone.[/quote]
Most of the Greek public wants to vote "No", as confirmed by the voting that has taken place so far.
[quote]Results published by the interior ministry showed about 60% of those whose ballots had been counted voting "No", against some 40% voting "Yes".[/quote]
Currently, 50% of greek civilians have voted and the results show, 61.2% for no, and 38.8% for yes.
Which side are you on? No or Yes? [spoiler]http://www.bbc.com/news/world-europe-33403665
The percents are from Greek news sources. [/spoiler]
So the results are in and it seems like "No" was the choice for the greek populace, good luck to Greece and all involved.
English
#Offtopic
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Has the Greek government ever understood the concept of money? They've not bothered to act against the 90% of citizens that fail to pay their taxes, they let people retire in their 50s and their current account deficit is among the worst in the world amongst many other things. Yet when the EU give them money and expects for them to pay it back, they throw their toys out the pram and start calling German people n[b]a[/b]zis. The germans should really take over the greek economy, that way we might actually see a greek government with a crumb of fiscal responsibility. Germany was against adopting the euro and were once called the sick man of europe yet they've adapted and have turned themselves into the backbone of Europe, why can't Greece do the same? Don't get me wrong, I don't really like the EU or the Eurozone. It expanded way too quickly for it to be a moderately stable environment of progress for all those involved.That as well as the tentacles of bureaucracy that have creeped into the countries involved, which have helped to erode the sovereignty of these national parliaments and have taken away the ability for their citizens to hold policy makers accountable to some extent. But Greece are showing themselves to be void of maturity here by sticking their middle fingers up at the people that tried to help them change their economy so that they didn't end up as the only country to default on their IMF loans. They should have taken a leaf out of Portugal's book. They've shown promising signs of growth in recent months, but only because of the measures that they were forced to put into place three years ago. The govenment had to introduce some huge austerity measures that are unppopular amongst the people, but vital in regards to turning their economy around. There's a chance that Greece could emerge better in the distant future out of exiting the euro and defaulting. They might become what Argentina are today after they defaulted in 2001, but if this is the route that Greece is going to take, they haven't seen anything yet.
