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Greece in Slump

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Steve1953



Joined: 04/12/2008
Posts: 298

Message Posted:
15/01/2009 10:53

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Message 1 of 4 in Discussion

Just seen a note from Standand & Poor confirming that Greece is having problems with its "slumping economy and bulging dept". As discussed before, the recession is not just affecting the UK,but not sure how this will affect Cyprus(North or South),this year. Steve



Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
15/01/2009 10:57

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Message 2 of 4 in Discussion

HI STEVE HOW ARE YOU. I THINK IT HIT US HERE BEFORE THE REST OF THE WORLD. THE TRNC IS BANKRUPT. ALREADY SPEND THIER 2009NBUDGET IN 2008 SORRY CAPS LOCKED ON AGAIN. AND HAD TO GO CAP IN HAND TO PAY THE WAGES OF THE MILLIONS OF CIVIL SERVANTS. TAKE CARE LILLI X



Steve1953



Joined: 04/12/2008
Posts: 298

Message Posted:
15/01/2009 11:40

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Message 3 of 4 in Discussion

Lilli,hope you are ok,TRNC sounds just like UK, at least you've got sun there - it only rains 3 times here - morning,noon and night. cheers,Steve



brian24001


Joined: 23/03/2008
Posts: 606

Message Posted:
15/01/2009 12:03

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Message 4 of 4 in Discussion

I am sure there will be a number of formerly poorer Euro-zone countries following suit soon, and finally admitting both the currency and being members of the most expensive club on the planet is bankrupting them.



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