Feb. 12 (Bloomberg) — Paul Rawkins, a senior director at Fitch Ratings, talks with Bloomberg’s Maryam Nemazee about whether Greece can meet its committment to cut its debt and risk of contagion.
copyright bloomberg 2010
European Union EU Greece Greek budget cuts downgrade default PIGS PIIGS Spain Portugal Italy Ireland euro euro zone eurozone Central Bank Germany GDP contagion debt crisis
Duration : 0:3:13
September 4th, 2010 at 7:34 pm
hello everyone! i’m …
hello everyone! i’m a Greek woman and i want to tell everyone I dont believe anything about the crisis. Today i had to stop my holidays. u know why? I decided with my husband to leave the place we spent 4 days and visit another. Not an island and not very popular. Guess what!!! Everything was overpriced yet fully booked. Not a single room available! Where is the crisis? Are they joking? I think most Greeks have money and enough money to go on holidays and buy the best cars. So I dont believe
September 4th, 2010 at 7:34 pm
Greece, a trillion …
Greece, a trillion dollars. Come on.
September 4th, 2010 at 7:34 pm
fucking dumbass …
dumbass greece shit. greece should sail to africa
September 4th, 2010 at 7:34 pm
GANDALF Interview…
GANDALF Interview…
September 4th, 2010 at 7:34 pm
@harleykman-At last …
@harleykman-At last an intelligent comment. Unfortunately most people are easily duped into believing what the media tells them and they are so easily taken in.There are so many other similar situations including your example that can be given media attention and yet it does not and single out Greece as the odd one out.That is the price the Greek people pay for voting for incompetent idiots into public office.
September 4th, 2010 at 7:34 pm
@5hitter I don’t …
@5hitter I don’t see how the EU bailing-out Greece is any different than the US bailing-out California
.
They are all part of the same system, and the central government helps those States that fall on hard times. It does not matter whether its happening in the US or the EU
.
September 4th, 2010 at 7:34 pm
@5hitter thanks for …
@5hitter thanks for commenting
September 4th, 2010 at 7:34 pm
NO MORE LOANS TO …
NO MORE LOANS TO THE POLITICIANS IN GREECE!!! The EU are equally to blame as they knew how corrupt the politicians in Greece are and they should go after the poliicians not Greece. The Greek people should not pay anything back as they have not seen anything from this money. Instead the EU should honour its land concessions promised to Greece and pay war reparations and damages from their role in Greece’s losses in its war againsy Turkey in 1919-1922
September 4th, 2010 at 7:34 pm
@atimetowork …
@atimetowork Nonsense, currency devaluation is a killer for the consumers and lowers the standard of living of the people. You may export more, but so long your consumers, your people, find out why you don’t back up your own currency, their confidence in your currency will go lower and continue to go lower and therefore purchasing power will continue to decline..ah wait.i forgot something…prices will go up too..inflation.
September 4th, 2010 at 7:34 pm
And people …
And people continually talk about the US. Keep drinking the cool aid people.
September 4th, 2010 at 7:34 pm
euro—failed …
euro—failed experiment, European union—failed experiment, soccer—sport of losers, Europeans—lazy fools who think a society can function if people only work 35 hours a week, NATO—failed experiment, political correctness—failed ideology, IMF—failed experiment, World Bank—failed experiment, the United Nations—failed experiment, trying to hold talks with Middle Eastern/African/Central Asian Islamofanatics—failed policy, Europe—failed continent
September 4th, 2010 at 7:34 pm
@TheIxtlan greece …
@TheIxtlan greece is the first crack in the egg…thank you.
September 4th, 2010 at 7:34 pm
European Union (EU) …
European Union (EU) will fail. Total of 27 members. Its like Humpty Dumpty climb on the wall and fell and broke into pieces and all the kings horseman could not put Humpty Dumpty together again. European Union is Humpty Dumpty.
September 4th, 2010 at 7:34 pm
If Europe is lucky …
If Europe is lucky the Germans will once again save it from ruin: Like they repulsed the Romans and the Huns, broke our baleful hegemony during the age of Louis XIV and the usurper Napoleon and were close to defeat the Russia and Americans in the last war; now they may bring down the European Union, that bureaucratic nonsense, by so base a thing as money; we French and the Dutch voted in vain against the constitution and got it as treaty still so did the Irish but the Germans may prevail.
September 4th, 2010 at 7:34 pm
@balkancoolhead …
@balkancoolhead Thats the smartest thing I have heard today, well said
September 4th, 2010 at 7:34 pm
@Spenner56 the imf …
@Spenner56 the imf will help them but they consider them as high risk so they will pay a very high intrest rate on any loan the imf gives.
September 4th, 2010 at 7:34 pm
@balkancoolhead the …
@balkancoolhead the truth is albanians and greeks are the same people and the future lies in putting aside monotheism and embracing all that we have in common…preservation of ancient languages (probably related) and customs and a strong fighting spirit that has kept us distinct for so long, even after byzantine religious fanaticism and ottoman barbarism. if you cannot see this, it is because your education tells you a very simple one-sided story. embrace both sides and transcend them brother.
September 4th, 2010 at 7:34 pm
@balkancoolhead the …
@balkancoolhead the only solution is honesty and repentance… not denial and disinformation… that is the old way and it only works when time moves so slowly that you can live through a few generations until the lies are revealed, and by then they don’t matter any more… today, we all have to be straight and put everything on the table, with only some small amount of space to maneuver (this is only human). what are you constantly doing is defending an myth about your nation, not reality.
September 4th, 2010 at 7:34 pm
@balkancoolhead …
@balkancoolhead there is no question that greece supported serbia entirely during the balkan wars, even after Srebrenica… and it was purely on religious grounds, making your state an un-evolved, and clearly unrepentant medieval state my friend, whether you like it or not. look where you are today… the foundations of the modern greek state are so polluted that it has led to this… a failed state… all the bullying of neighbors, supporting war criminals, all the crap… led to this…
September 4th, 2010 at 7:34 pm
@Apokorwnioths1984 …
@Apokorwnioths1984 well, not sure how successfully refuted Takis in your empty paragraph. i would just look at the photos and the dates of the photos in the book, to point you to a full and total debunking of your statements about greeks as advocates of Milosevic, Karadzic and Mladic… you know it took a long time for germany to come to full terms with its crimes, the same is true for Serbia, except that they don’t get the benefit of a new constitution and legal framework from the U.S.
September 4th, 2010 at 7:34 pm
@balkancoolhead …
@balkancoolhead Byzantine empire and Ottoman are more near chronologically to today so it is rational more elements of them (some of them continuity of Ancient Greek though) to be more distinct in present Greece, as they are in most balkan states in a far higher degree i would say. Last time i checked there isn’t any country of balkans culturally more near to the west than the other balkan states, so no need to refer to New York times articles.
September 4th, 2010 at 7:34 pm
@balkancoolhead …
@balkancoolhead Regarding Takis Michas and NATO bombings, Greeks were opposed to the war itself without that meaning they were advocates of Milosevic, as mistakenly Takis Michas suggests. Greeks were also (rightfully) opposed to the rest wars started by our NATO allies in order to derive oil having childish excuses about nuclear weapons etc which were later revealed to be nonsense and even USA people themselves felt deceived. Trillions of taxes of American people were spent for nothing
September 4th, 2010 at 7:34 pm
@Apokorwnioths1984 …
@Apokorwnioths1984 … as for self-critique, this may require a bit of a stretch in a society that still accepts the conflation of religion & state, officially. the problem is the vocal and far too powerful minority, and the lazy, paralyzed moderate majority.
the new york times this weekend described it this way “Greece is far more the child of Byzantine and Turkish despotism than of Periclean Athens”… i must say i quite agree…
September 4th, 2010 at 7:34 pm
@Apokorwnioths1984
…
@Apokorwnioths1984
to some extent, this must be true. but the point that people react or get hurt or offended by truthful criticism, is a separate issue. here we are talking about a society that tries to hide these facts and never really discusses them, thought this must be changing, since the world is changing so dramatically.
reading Takis Michas, i think one does get the impression that at least during the wars in ex-jugoslavia, greece was a crazy reactionary culture. perhaps it has changed?
September 4th, 2010 at 7:34 pm
@Apokorwnioths1984
…
@Apokorwnioths1984
the evidence is clear that you are entirely wrong on this. the level of greek aggression with regards to albanians, is well known. your compatriots are quite often the progenitors of grotesque and clearly racist characterizations of albanians all over YT. i have witnessed this countless times.
as for hateful Albanians, i have seen very few. albanians are mostly reactive by nature. if you push them too hard, they fight back, but if you leave them alone they bother no one.