
Cyprus To Hold Crisis Talks As Bailout Looms (Reuters)
Greek Premier Accepts Resignation of Finance Minister Rapanos (Bloomberg)
Positively statesmanlike.
“You know listen Greece is like a sideshow. It doesn’t mean anything. Greece is such a small economy. It’s not even an export-based economy. It’s a great place to go on holiday. Who cares if Greece goes out of the euro? Let them set up their Drachma again and go back to how they’ve been running their economy for the last 60 years. The whole Greek thing is a distraction to the Council of Ministers, to the European Commission, to the ECB. They should cut it and run and say listen ‘You’re on your own’.”
Denis O’Brien shares his thoughts with Bloomberg yesterday.
Watch here.
New Democracy: 29.7 percent – 129 seats
Syriza: 26.9 percent – 71 seats
Pasok: 12.3 percent – 33 seats
Independent Greeks: 7.5 percent – 20 seats
World leaders have welcomed the narrow election victory of Greece’s broadly pro-bailout New Democracy party and urged Athens to form a cabinet quickly. The eurozone group said reforms were Greece’s “best guarantee” to overcome tough economic and social challenges. The US stressed that it was in everyone’s interests “for Greece to remain in the euro area”. The Syriza party, which rejected the bailout terms and came a close second, said it would lead the opposition.
And a crumbly, aged cheese with a slightly grainy texture.
It’s payback time.
Support The Greek People (Facebook)
httpv://www.youtube.com/watch?v=nn-bjV6GeSA
A video momento of Michael Noonan’s Feta in mouth moment last week.
You really had to be there.
previously: The Pathetic Insularity of Michael Noonan
Aid agencies into Athens cos no medical care, diseases rampant from rooting for gone off food #thisweek #bbc
— Jane Suiter (@JaneSuit) May 17, 2012
Sinking into poverty and destitution.
But…
Finance Minister Michael Noonan has insisted that Ireland is unlikely to be affected by the Greek crisis because the two countries have no economic connections. Speaking at a Bloomberg event in Dublin, the Minister said Ireland is not on the frontline for contagion from Greece.
“Apart from holidaying in the Greek islands, I think most Irish people don’t have a lot (of connections with Greece),” he said.
“If you go into the shops here, apart from feta cheese, how many Greek items do you put in your basket?”
That’s alright then.
Noonan: Greek Crisis Will Not Directly Affect Ireland (Irish Examiner)