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Greek debt write down was "a gift to Greece"...

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Greek debt write down was "a gift to Greece"...

Postby tsukoui » Sat Jan 19, 2013 1:11 am

"The Greek PSI (debt writedown) was a gift to Greece," Shiarly told Reuters.


What do you ELAM boys think of Christofias now?
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Re: Greek debt write down was "a gift to Greece"...

Postby Oceanside50 » Sat Jan 19, 2013 3:02 am

Can we see the article, tsakoue, I can't find it anywhere
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Re: Greek debt write down was "a gift to Greece"...

Postby supporttheunderdog » Sat Jan 19, 2013 3:50 pm

Oceanside50 wrote:Can we see the article, tsakoue, I can't find it anywhere



INTERVIEW 1-Cyprus minister won't rule out privatisation in bailout
http://www.globalpost.com/dispatch/news/thomson-reuters/130118/interview-1-cyprus-minister-wont-rule-out-privatisation-bailout

a choice quote -
The east Mediterranean island has in the past blamed its banks' exposure to Greece for its woes. However it is the first time a minister in government is known to have publicly described the writedown, approved by EU leaders - and by Shiarly's boss, the Cypriot president - as a mistake.

"There are many people in Europe who believe that it was a mistake to go for a PSI. I say it as well," said Shiarly.

also reported in the Cyprus Mail
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Re: Greek debt write down was "a gift to Greece"...

Postby kurupetos » Sat Jan 19, 2013 11:56 pm

tsukoui wrote:
"The Greek PSI (debt writedown) was a gift to Greece," Shiarly told Reuters.


What do you ELAM boys think of Christofias now?

I still think Christofias is a fool. :lol:
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Re: Greek debt write down was "a gift to Greece"...

Postby GreekIslandGirl » Sat Jan 19, 2013 11:59 pm

It's a gift where they took the maximum from Greece with one hand and gave back a few crumbs with the other.
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