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  1. #1
    Sy-Revolution's Avatar
    Sy-Revolution is offline Registered User
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    Default Greek Referendum

    I've got my boat in Aigina (Jordans boat yard) for the winter. The bill has been agreed in euros. Should I be worried about the Greeks voting 'no' and leaving the euro?

    Should I pay up whilst they're still in or leave it and cough up in neo-drakmas?

    Are there any rumblings about changing the rules on the yacht tax?

    Cheers,

    C.

  2. #2
    charles_reed's Avatar
    charles_reed is offline Registered User
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    I would leave well alone.

    It's unlikely Papandreou will retain his majority and get as far as a referendum, BUT if they do go out of the € and have a 1:1 for drachmi AND the yard doesn't insist on you paying in €, you could be better off.

    A long chance, but little probability of you losing out.

  3. #3
    pelissima is offline Registered User
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    Quote Originally Posted by charles_reed View Post
    I would leave well alone.

    It's unlikely Papandreou will retain his majority and get as far as a referendum, BUT if they do go out of the € and have a 1:1 for drachmi AND the yard doesn't insist on you paying in €, you could be better off.

    A long chance, but little probability of you losing out.
    No need to worry.
    Papandreou is about to step down.
    It is a matter of a few hours if not minutes.
    He managed the unthinkable.
    To have all -but ALL - Greeks against him.

  4. #4
    vas's Avatar
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    Quote Originally Posted by gnatsis View Post
    No need to worry.
    Papandreou is about to step down.
    It is a matter of a few hours if not minutes.
    He managed the unthinkable.
    To have all -but ALL - Greeks against him.
    +1
    he's such a f***ing idiot, should definitely go for the Darwin awards cannot imagine loosing that prize (although as I said, he's just so dumb he may fail even there...).

    regarding the OP, no matter what, you wait, if we switch to neo-whatever-drachma it wont be on the original 375 drx to euro rate, so you'll be definitely better off
    Doubt it will happen though.

    Vassilis

  5. #5
    Sy-Revolution's Avatar
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    Thanks......

    C.

  6. #6
    charles_reed's Avatar
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    Quote Originally Posted by virtuvas View Post
    +1
    he's such a f***ing idiot, should definitely go for the Darwin awards cannot imagine loosing that prize (although as I said, he's just so dumb he may fail even there...).

    regarding the OP, no matter what, you wait, if we switch to neo-whatever-drachma it wont be on the original 375 drx to euro rate, so you'll be definitely better off
    Doubt it will happen though.

    Vassilis
    In fact his stock appears to have risen, amongst the Greeks I've been talking to, as a result of the announcement.However it might be the bounce-effect...

  7. #7
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    IMHO, he been very clever, Greece would be better going bankrupte, Italy, and others would follow.

    There is a rumor in the financial circles, that Germany has infact, just been printing more money. If true, we have alot more **** to follow.

  8. #8
    Carmel2's Avatar
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    The Greek referendum on the the eurozone bailout plan has been scrapped.
    If the meek inherit the earth, that's going to be one hell of a tax bill.
    Cheers, Paul.

  9. #9
    Chris_Robb's Avatar
    Chris_Robb is offline Registered User
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    Quote Originally Posted by charles_reed View Post
    In fact his stock appears to have risen, amongst the Greeks I've been talking to, as a result of the announcement.However it might be the bounce-effect...
    No he's not...... yes he is...... behind you! Latest news is that he has not resigned (17:00 GMT)

  10. #10
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    Default

    So do you think its worth buying drachma franks and leira yet. I do not understand , if countries have vast debts surely the euro can not work under one roof.

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