Greece just threatened to seize German assets over World War II

[Meathead]

The current Greek government with all it's new ministers has no idea what's going on. Issue like immigration, anti-austerity, reparations and a host of others have long been issues championed by the radical Greek left. Every new minister immediately starts mouthing off about anything connected to their ministry and you get chaos, a Greek word btw.

This was thoroughly predictable. It won't be long before Russia starts building permanent bases in Greece or snap elections will have to be held. The Euro, the EU and NATO could soon be just a part of Greek history.

I am nut sure if Russia is willing to pay for Greece in the current situation.

Greece is going to default. The creditors will take the loss. It makes sense for the Greeks on other levels too. The main threat to Greece is Turkey which Russia can check, Greece can reach a free-trade agreement with Russia to get discounted oil and gas. Add all those things with a historical Orthodox axis, a hard-left government and Putin's expansionist policy, and you've got the almost inevitable.

I am a Greek citizen of Greek ancestry and have lived there for 22 years. I've got an more than just an inkling of what I'm talking about.

Greece´s urgent problem is just another threatening national bankruptcy and I doubt that Russia will pay the costs. Greece wants a debt cut from the Troika.

Look, Greece drops the Euro and devalues the New Drachma bu 50% or more. Debts payable in Euro become payable in the new currency on a one-to-one basis even though he new currency is worth far less than the Euro. Imports to Greece double in price, at least but then Russia can provide many of the products previously provided in the open market with the Drachma being tied to the Ruble.

That would still not be sufficient to pay the salaries, pensions, welfare rolls, etc. Without reforms, difficult to apply, Greece will implode, with Russia or Europe by its side.

No, they would still be paid and probably given raises, but with a very weak currency. Inflation would be rampart except for local products which are few and the buying power would be negligible but exports would skyrocket, After a considerable time with a huge amount of financial stress, Greece would be able to assert economic sovereignty.

 

[ESay]

Poland rejected the German 16 Points Plan and thus dashed all hopes for peace.

And why Poland rejected the Plan? Maybe, that was because its rulers were well aware about Czechoslovakia’s fate?

 

[Meathead]

Poland rejected the German 16 Points Plan and thus dashed all hopes for peace.

And why Poland rejected the Plan? Maybe, that was because its rulers were well aware about Czechoslovakia’s fate?

Oh please. The Ribbentrop-Molotov deal sealed Poland's fate.

 

[percysunshine]

.

Some one just turned on a fan in the house of cards. It is either propaganda by the Greek government meant to placate the masses, Or they will carry through with it.

I can see it going either way. Settle for a trivial sum, or fire up the printing presses for the new Greek Drachma....hmmm.

 

[Bleipriester]

I am nut sure if Russia is willing to pay for Greece in the current situation.

Greece is going to default. The creditors will take the loss. It makes sense for the Greeks on other levels too. The main threat to Greece is Turkey which Russia can check, Greece can reach a free-trade agreement with Russia to get discounted oil and gas. Add all those things with a historical Orthodox axis, a hard-left government and Putin's expansionist policy, and you've got the almost inevitable.

I am a Greek citizen of Greek ancestry and have lived there for 22 years. I've got an more than just an inkling of what I'm talking about.

Greece´s urgent problem is just another threatening national bankruptcy and I doubt that Russia will pay the costs. Greece wants a debt cut from the Troika.

Look, Greece drops the Euro and devalues the New Drachma bu 50% or more. Debts payable in Euro become payable in the new currency on a one-to-one basis even though he new currency is worth far less than the Euro. Imports to Greece double in price, at least but then Russia can provide many of the products previously provided in the open market with the Drachma being tied to the Ruble.

That would still not be sufficient to pay the salaries, pensions, welfare rolls, etc. Without reforms, difficult to apply, Greece will implode, with Russia or Europe by its side.

No, they would still be paid and probably given raises, but with a very weak currency. Inflation would be rampart except for local products which are few and the buying power would be negligible but exports would skyrocket, After a considerable time with a huge amount of financial stress, Greece would be able to assert economic sovereignty.

I really don´t believe that this will work out. A weak currency means increased costs in numbers in the first place.

 

[Bleipriester]

Poland rejected the German 16 Points Plan and thus dashed all hopes for peace.

And why Poland rejected the Plan? Maybe, that was because its rulers were well aware about Czechoslovakia’s fate?

Poland was one of Czechoslovakia´s invaders. And Poland thought it was strong and would defeat the Wehrmacht easily.

 

[Vikrant]

To be fair, Germany forced Greece and other occupied countries to loan money to them, essentially emptying the Greek treasury. These loans were never paid back. The deal the U.S. made after the war, was that to be eligible to receive Marshall Plan money, countries had to renounce these debts. Greece never received near the amount owed them from Germany through the Marshall plan. Based on today's money, by some estimates Germany owes Greece more than Greece's total debt in today's money. So the Greeks may have a point.

Germany s Unpaid Debt to Greece Economist Albrecht Ritschl on WWII Reparations That Never Were

I agree. I think Germany owes about 25 billion dollars to Greece.

---

On Wednesday, Greek Justice Minister Nikos Paraskevopoulos said he was ready to allow the Greek government to seize German state-owned property to compensate the families of 218 Greeks killed during World War II. "I'm ready to sign," Paraskevopoulos said during an interview on Mega TV, according to the news agency Reuters, referring to a 2000 ruling that would allow him the confiscation.

70 years after Nazi massacres Greece threatens to seize German assets - The Washington Post

How much should we get for each German civilian killed by allied bombing in your opinion?

If Germany feels that human rights of Germans were needlessly violated then it has every right to bring the issue to the fore.

 

[Bleipriester]

To be fair, Germany forced Greece and other occupied countries to loan money to them, essentially emptying the Greek treasury. These loans were never paid back. The deal the U.S. made after the war, was that to be eligible to receive Marshall Plan money, countries had to renounce these debts. Greece never received near the amount owed them from Germany through the Marshall plan. Based on today's money, by some estimates Germany owes Greece more than Greece's total debt in today's money. So the Greeks may have a point.

Germany s Unpaid Debt to Greece Economist Albrecht Ritschl on WWII Reparations That Never Were

I agree. I think Germany owes about 25 billion dollars to Greece.

---

On Wednesday, Greek Justice Minister Nikos Paraskevopoulos said he was ready to allow the Greek government to seize German state-owned property to compensate the families of 218 Greeks killed during World War II. "I'm ready to sign," Paraskevopoulos said during an interview on Mega TV, according to the news agency Reuters, referring to a 2000 ruling that would allow him the confiscation.

70 years after Nazi massacres Greece threatens to seize German assets - The Washington Post

How much should we get for each German civilian killed by allied bombing in your opinion?

If Germany feels that human rights of Germans were needlessly violated then it has every right to bring the issue to the fore.

You don´t really think that the German leadership has the balls to claim anything from anyone, right? They instead celebrate the "liberation" on the Dresden bombing anniversaries though there is no entity forcing them to do. While it is good, that Hitler was removed, the circumstances about how that happened are very very sad and there is no reason to criminally celebrate Britain´s biggest war crime ever.

 

[Meathead]

And Poland thought it was strong and would defeat the Wehrmacht easily.

Dummkopf!

 

[ESay]

Poland was one of Czechoslovakia´s invaders. And Poland thought it was strong and would defeat the Wehrmacht easily.

Yes, Poland bit off a chunk of Czechoslovakia, but I can’t believe you say seriously about Poland and Germany. Poland was a pawn.

 

[Bleipriester]

Poland was one of Czechoslovakia´s invaders. And Poland thought it was strong and would defeat the Wehrmacht easily.

Yes, Poland bit off a chunk of Czechoslovakia, but I can’t believe you say seriously about Poland and Germany. Poland was a pawn.

Just because the German army defeated Poland very quickly, that does not mean that Poland had a weak army. France, e.g., was considered the militarily most powerful nation in the world and they also were beaten very quickly. You can get basic info about Poland´s strength here:
Invasion of Poland - Wikipedia the free encyclopedia

 

[Meathead]

Poland was one of Czechoslovakia´s invaders. And Poland thought it was strong and would defeat the Wehrmacht easily.

Yes, Poland bit off a chunk of Czechoslovakia, but I can’t believe you say seriously about Poland and Germany. Poland was a pawn.

Just because the German army defeated Poland very quickly, that does not mean that Poland had a weak army. France, e.g., was considered the militarily most powerful nation in the world and they also were beaten very quickly. You can get basic info about Poland´s strength here:
Invasion of Poland - Wikipedia the free encyclopedia

That's simply stupid. Poland was still fighting with WWI weapons while Germany was fighting with Panzers. Days later they were invaded by the Russians in the east.

Simply stupid.

 

[Moonglow]

Poland was one of Czechoslovakia´s invaders. And Poland thought it was strong and would defeat the Wehrmacht easily.

Yes, Poland bit off a chunk of Czechoslovakia, but I can’t believe you say seriously about Poland and Germany. Poland was a pawn.

Just because the German army defeated Poland very quickly, that does not mean that Poland had a weak army. France, e.g., was considered the militarily most powerful nation in the world and they also were beaten very quickly. You can get basic info about Poland´s strength here:
Invasion of Poland - Wikipedia the free encyclopedia

Poland was using horse cavalry versus tanks! What the hell do you mean they didn't have a weak army?

 

[Moonglow]

France and Britian both had tanks, but not combined arms engagement strategies......Their strategy was for a static defense

 

[007]

Greece is fucked, and the rotten apple in the barrel of Europe. All that socialism is going to implode the whole of the EU sooner or later.

 

[Bleipriester]

Poland was one of Czechoslovakia´s invaders. And Poland thought it was strong and would defeat the Wehrmacht easily.

Yes, Poland bit off a chunk of Czechoslovakia, but I can’t believe you say seriously about Poland and Germany. Poland was a pawn.

Just because the German army defeated Poland very quickly, that does not mean that Poland had a weak army. France, e.g., was considered the militarily most powerful nation in the world and they also were beaten very quickly. You can get basic info about Poland´s strength here:
Invasion of Poland - Wikipedia the free encyclopedia

That's simply stupid. Poland was still fighting with WWI weapons while Germany was fighting with Panzers. Days later they were invaded by the Russians in the east.

Simply stupid.

If you would have opened the link you would have seen that Poland owned 880 (French) Panzers.

 

[Moonglow]

Greece has been a mess for many years....The only stability they had was under the Ottomans...

 

[Bleipriester]

France and Britian both had tanks, but not combined arms engagement strategies......Their strategy was for a static defense

France had the heaviest tanks with 75mm canons at the beginning. But neither Poland nor France had anything to oppose the German air force.

 

[Bleipriester]

Poland was one of Czechoslovakia´s invaders. And Poland thought it was strong and would defeat the Wehrmacht easily.

Yes, Poland bit off a chunk of Czechoslovakia, but I can’t believe you say seriously about Poland and Germany. Poland was a pawn.

Just because the German army defeated Poland very quickly, that does not mean that Poland had a weak army. France, e.g., was considered the militarily most powerful nation in the world and they also were beaten very quickly. You can get basic info about Poland´s strength here:
Invasion of Poland - Wikipedia the free encyclopedia

Poland was using horse cavalry versus tanks! What the hell do you mean they didn't have a weak army?

There is a link you can use to inform yourself about Poland´s 1939 army.

 

[Meathead]

Greece has been a mess for many years....The only stability they had was under the Ottomans...

If you want to know the truth, the most stable period Greece had was from April 1967 to November 1973.