nick venedi

Tuesday 2 June 2015

Greek government not prepared to surender..

The persistence of the Tsipras government has surprised everyone. The new government has stuck to the lines they drew early on and have not deviated much.

I am in two minds as to whether Greece is in a position to dectate terms to the greedy bankers who are only interested in getting back their money and making profits on the 6% interest they have imposed. I think that the latest extension of deadlines ( the 3rd so far since January ) shows that the EU is also in two minds on how to play this. The reality is that a collapse of the Greek economy and the rise of Podemos in Spain will create a huge psychological blow to those running the EU project and it will bring the Euro down! So think again guys!

Nick Venedi

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