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Tsipras May Ask For Vote Of Confidence As Parliament Debates Bailout
Unconfirmed reports now suggest Greek PM Tsipras will ask for a vote of confidence as early as Friday.
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— GIANNIS PITTARAS (@jo_pit) June 4, 2015
The chatter comes as Bloomberg says parliament is set to debate creditors' proposal tomorrow:
Greece’s parliament will hold debate to discuss bailout talks Friday, at 6pm local time, a govt official says in e-mail to reporters.
Debate to take place following PM Alexis Tsipras request.
Official asked not to be named in line with policy.
EURUSD spiked on the rumor "news"...
...and here's a bit of spoofing in the EUR...
Spot the algo "trying to buy" CME euro fx this morning: pic.twitter.com/GJQIP4Z7Ov
— Eric Scott Hunsader (@nanexllc) June 4, 2015
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All Yanis wants is some hope..
http://www.project-syndicate.org/commentary/speech-of-hope-for-greece-by...
"...hope is a mistake. If you can’t fix what’s broken, you’ll go insane." - Mad Max
that's right - when the moment comes, am I gonna hope I can get it up, or take the magic pill
Where's the Bullshit meme that the Greek government will soon be forced to create a new coalition to secure a desparately needed loan? The EU just can't contemplate that Greece may be fine walking away from all that Debt and quietly Defaulting. Also, where's the mainstream meme that Greece may be forced to leave the EU. Who says? Even if they default, there is no legal means to remove a member country from the European Union.
wait lemme guess....we'll get an unconfirmed answer at 4:00:01 EST tomorrow too.
the Greek proposal...
http://www.iefimerida.gr/sites/default/files/protasi_draft.pdf
i see no mention of jailing and stripping of all their wealth all those corrupt politicians who looted the country the last 30 years
disappointing
well done, Tsipras. Time to let the dice roll bad, bad EURUSD, down! bad boy! down, I said!
So who's up next? Golden Dawn? How many parties are there?
I'm sure the IMF and ECB folks will be happy to keep drawing fat paychecks and visiting the Mediterranean for catered patty-cake sessions.
Sooner or later people will vote for the man with a slegehammer, over the one without. Some just want to break things, others want things broken. Sooner or later they team up.
Tspiras/Syriza can make their peace with KKE and have a comfortable majority in parliament.
The sina qua non of a deal with KKE is refusal to even negotiate with banksters.
Either:
1. The armed forces of the Hellenic Republic, or
2. A military governor appointed by NATO after the successful conquest of Greece.
Greece is considered "uninvestible" short of the destruction of representative government and its replacement with something that will jump when Wall Street and Frankfurt say hop and do everything it its power to drive Greeks into exile or extinction, and replace them with a cheaper, more compliant proletariat sourced from the cesspits of India and Africa.
Any complaint from Syriza will be NATO's excuse to bomb Athens to the ground rather than let Greece join Ruasia and the party of freedom.
You'll see.
This whole espisode showcases what an absolute joke global capital markets have become.
Confidence Vote
(oxymoron?)
There are no hard deadlines with these IMF payments / default.
This drama will continue playing out over the next few weeks and month if you read this. It could be 3 months! (September) before the IMF even really starts getting wheels in motion on these payments. The hard deadline for default and being kicked out of the IMF is 2 years!!! June 2017!!!
http://www.wsj.com/m/briefly/BL-263B-4804
So forget the IMF sideshow - the important date coming up is July 20 and the first of a few massive payments to the ECB. I suspect this is a harder deadline that will start triggering reactions in the EU before the end of July if these ECB payments are defaulted.
Importantly - between now and then we have both an Evonomic Summit in St Petersburg at which Tsupras & Putin will have another meeting - and then in early July a BRICS/SCO meeting in Ufa, Russia. Will Greece score a late invite to this???
Another month at minimum of false deadlines. More than 6 weeks of prevaricating for Greece coming up. Probably no hard decisions by Greece prior to mid July.
Someone should start the Death to Bankers Party and promise to kill a banker every day when elected.
And use 20mm aircraft guns for effect!
>>> Someone should start the Death to Bankers Party and promise to kill a banker every day when elected.
It already exists, they already have 15 seats in the Greek Parliament. It's called KKE (The Communist Party of Greece).
How about a vote of "no" confidence.
Can't they just get another credit card to pay this one off?
-Merika
Something soon will hit us out of nowhere to mask over this headline grabbing Greek debt issue. Should be explosive.
Look, look - Ukraine!!! Oh, NO - South China Sea incident! MOAR ISIS! MOAR domestic terror! MOAR (minor) scandals reviled!
It's so hard to decide which dog the tail is wagging these days.
So Greece needs to turn itself around. They catch on pretty quick turning around when it comes to love making so perhaps the menage a troika just needs to try a slightly different approach in order to get the Greeks to submit.
Europe is on edge.
I would advise the Vice-Chancellor of Austria not to visit Sarajevo right now.
You gotta love how the Greeks have been gaming the system and making a public laughingstock out of the EU banker elite. The current Greek government never had any intention whatsoever of paying back any crony-generated "loans" from the get-go, but will soon be joining the AIIB, pulling in billions from the new 'Turk Stream', and kissing the EU bye-bye. Sweeet.
Is this being done to fire Whatthefuckis? You know Tsipras wants to cave.