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Macedonia Central Bank Blocks Greek Bank Withdrawals "In Case Of Grexit"
The bank runs (and capital controls) begin. Macedonia Central Bank Governor Bogov states:
- *GREEK BANKS IN MACEDONIA CAN’T WITHDRAW CASH: BOGOV
- *MACEDONIAN BANKS PROTECTED IN CASE OF GREXIT: BOGOV
How long before the rest of Europe follows suit and a bank holiday is declared Monday to "Cyprus" depositors?
He further added:
- *MACEDONIAN CENTRAL BANK SEES MAJOR RISKS FROM POLITICAL CRISIS
Just to be clear, this withdrawal halt is protection against a worst case scenario... BUT, by imposing capital controls you are ASSURING a worst case scenario occurs!!
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If Greek banks have money elsewhere they must have been blind to what is coming.
"You didn't deposit that."
The strategy the Macedonians are using is similar to the coolant-pond design at Fukushima. All will be contained, rest assured.
Anyone with money left in any Greek bank (wherever located) should just write it off now.
You had plenty of warning; if you didn't get it out by now; you're just too late...
Anyone who trusts any bank more than is essential to get by in life (e to pay for utilities that won't accept payment in cash etc) is taking a reckless risk.
Gone are the days that you could pay your electriciy bill in cash at your local electricity board showrooms - they were all sold (looted).
....Time for a Trojan horse event....would be more exciting than a boring false flag one.
Next step, cashless societies...
And the prestaged drama continues... (Like a script)
Just in time of the bilderberg meeting....
(Correct me if I'm wrong, but wouldn't that be an act of war?)
annnnd it's gone...
https://www.youtube.com/watch?v=-DT7bX-B1Mg
Ruh oh!
Shit just got real-er!
Throw those pathetic Greek dead beats out of Europe already
I propose they throw the parasitic bankers out of Europe instead. Send them to the middle east with a gun free zone sign to protect them.
Support our charity nailgun drive...it's for a good cause.
<---- Consider it supported.
Could we just throw the banksters off the planet altogether?!
Yep, you nailed what was going to my reply. In lieu of throwing them off the planet, how about we just cremate them all, then ship them off the planet in one payload?
Throw all of the technocrat, traitors to humanity into prison already.
Wolferl is right that greece should leave -never should have joined- and that greece is in many ways 3rd world, but he's in for a surprise if he thinks he'll get to keep a piece of greece in the process. Greeks generally like Canadians and look what happened to Eldorado Gold. Good luck with that port, railroad etc. not to mention an island lol.....
Why do you assume i want to have a piece of Greece? It´s completly worthless, the people included. We know, we owned it for a few years. I say give it to the Russians or the Turks, those two deserve it, hahahaha.
It's Europe's "worthless" nations that Germany continues to finance so that they can keep buying Germany's expensive exports. In the end it will be Germany holding the bag & in the same shithole with the "worthless" nations. Isn't that ironic?
What are you talking about?
Porsche Greece has literally zero cars in inventory.
http://www.porsche.com/international/_greece_/approvedused/
This is a great example of why the "Germany needs the EUR to export" meme is ridiculous.
Bet you any money with the Drachma, they would be selling more Porsches than they are now, which according to Porsche financials amounted to less than 30 last year. FOR. THE. ENTIRE. COUNTRY.
GTFO with your Europhile koolaide driven propaganda.
"Why do you assume i want to have a piece of Greece?"
Because of your english law vs odious debt BS the other day. Anyway I didn't realize you were a nazi ("We know, we owned it for a few years.") troll, so this is the last you'll hear from me.
EABOD
It´s a simple historic fact that we owned the lot between 1941 and 1944. What is your problem?
And it´s juristic fact that almost all of the Greek debt is under English law and there´s no legal or factual way for the Greeks to default on that if the Eoro countries, the ECB or the IMF don´t agree with that.
Seems you have a problem with reality.
"It´s a simple historic fact that we owned the lot between 1941 and 1944."
Somehow i believe there lies much substance in Greek demands for Nazi war reparations.
Oh, btw, fuck you Wolferl and the nazi horse you came out of...
Awe fuck you too.
Here's a fun question for you;
Would you rather live in Nazi Germany or Soviet Russia?
Jeez! Looks like a few raw nerves suddenly were struck this morning. Let's get down. After all its fight club, right. Everybody let it all hang out and and start being truthful.
P.S I would rather live in Greece (after it leaves the Eurooooo)!
Aaaawe when you scratch a German look! a nazi uniform underneath.
Germany owns it again, which is just stupid.
Sometime I wonder how the world would have turned out if Hitler had been content with Austria/Hungary & the Sudetenland?
Nazis were all about having lots of kids, so German population right now would be like 150-200 million and be arguably the strongest nation on the planet.
Why so many rulers over time (Hiter, Stalin, Napoleon, the Royal Family, Bilderbergers et. al) are so obsessed with ruling the world? Why rule piece of shit countries which is nothing but a drain on resources when you can rule bad ass countries instead? I just do not understand it at all.
All stupid. Next time someone decides to unite Northern Europe -- I seriously hope they are content with Northern Europe and don't fucking go after the whole world again. It brings nothing but destruction.
I usually agree with you on most things regarding the EU and the Euro. But this time it's more brown jiberish I hear. A country's success depends on its institutions. (Not talking of Troika institutions). Greece and other 'failed' countries fail because their institutions fail them, (corruption, government waste, red tape and what not). This has nothing to do with northern Europe being superior, they just managed to create better working institutions, which as we speak are being eroded by the undemocratic European Union. Same is true for the US by the way. Used to be the first truly democratic Nation, most people here know what's left of it. The more inclusive political decision making is the better off countries are.
Haus, Adolph had a lack of natural resources, oil for instance. The banksters would have busted his balls like they did with Imperial Japan. Adolph f'd up with the Jews, Jews, Jews vs. The Master Race race war thing. He should have stayed focused on or rather turned on The Banksters that first looted his country, then financed his rise. In the end, he wasn't so masterful after all and the Germans, while capable seem easily duped.
You are truly a sick sob. Sieg heil!
Wolferl, Greece is an awesome country, had many fun times there. The people dont trust their government, there is a tangible history of foreign meddling, Nazi scum included. Greece was an advanced civilization when your ancestors were running around in the woods with axes, so try to be grateful for the civilization you have now and appreciate where it came from.
You seem like you live in some depressing basement dude, get out and take some fresh air every now and then.... sheeeesh, fuckin parrot on repeat.
I don't know why people always make the assumption that people living in a country today are the descendants of people living there 3000 years ago. Ever heard of population migrations? That continent was on the move even for as short a period as a few hundred years. To top it off, the ancient Greek had about a ratio of citizens to slaves of 1:5, so even if they all stayed put, their genetic pool would mostly be from the slaves now. Who, whatever you want to make of that, had no share in coming up with ancient Greek culture.
Most of the slaves were captured in war from other Greek city states. So your point is moot.
You are simple repeating yourself...ignorant of real problem
Seriously, what kind of idiot still has money in the Greek banking system at this point?
By the time we hit March I stopped even saying it. If you didn't get it by then, it's pretty obvious you weren't going to get it.
Bogov is only trying to save his grace (and head). Way too late. I convinced my parents to swap Alpha Bank with Mattress Bank already in 2011.
People in Macedonia were lied to by banksters and expertutes that claimed Greek banks in Macedonia aren't actually Greek because they are registered as macedonian companies that operate under macedonian jurisdiction.
That narative worked well until the latest Greek crisis tantrums began, when a few well-informed vigilant macedonians confronted Bogov and started ringing their compatriots' alarm bells.
...in ANY banking system...
I know it's a stretch, but I could imagine a contagion that quickly turns into a worldwide bank holiday.
Then folks will learn all about the flaws of fractional reserve banking the hard way.
For a long time, it had been looking as if the US was being set-up as the evil bully boy, who the world would unite against.
As of today, it looks to me as if the EU (through its proxy Germany) is shaping up nicely as the evil of the world. The US is only its lapdog muscle.
Come on Schaeubel threaten some more. Show us your inner Nazi.
"Greek depositor" is an oxymoron.
Shits getting real
I remain a skeptic on this Grexit thing.
I'll believe it when I see it.
What did Dubya (W) say about getting fooled again?
Just for shites and giggles, could we imagine some possible scenarios for Monday if an official Bank Holiday were declared?
Thread comments could get interesting. Doesn't that kind of ripple the Matrix?
Bueller?
I don't know what it would look like, but my hunch is that the pain will be primarily local. The EU has had YEARS to prepare for this - I'd be stunned if they weren't ready, regardless of how legal or ethical the fix.
"It's the customer's money and they can have it any time they want, just not now."
"These are not capital controls, this is prudent inhibition of the withdrawl impulse."
All Greek assets acros Europe to be confiscated. They own the skin.
Up until now there is no legal reason to confiscate anything.
Did they default, will they ever ?
They were "Maced" .... in Macedonia !
When banks lose "confidence" in their own peer's con, ...
If we're lucky this will look like late 2008 all over again. But it'll be muuuuch worse, you can feel it in your feta and lederhosen.
This is all a ploy to cajole or bully Greece into not vetoing extending the duration of anti-Russia sanctions when they come up for a vote in two weeks time. The relevant sanctions expire in August 2015 unless extended by unanimous consent of the 28 nations.
dunno if i read it b4, but:
we cyprused some folks
My you be Greek or not, Macedonian bank deposites are also not safe anymore.
A bit stupid to jump in so early.
Are we talking about the country Macedonia (aka FYROM) or the province Macedonia in Greece?If we talk about the former then there might be politics involved regarding the name issue.
Banks in the Western Balkans have taken measures to limit exposure to Greek contagion.
Eu herd of cats that can't rely on fidelity even from their own spouses, the EU Socialism experiment is about to collapse like a house of cards.