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OMalley's feed

  • 3 years ago
    Comment OMalley

    It's not about crushing the "capitalistic system", nor about starting a revolution, and a "no" wouldn't accomplish that anyway. The aim of the government is to remain in the Eurozone but to negotiate a gentler deal with its creditors. Whatever the outcome, the situation will continue to be very painful for Greece.

  • 3 years ago
    Level Up OMalley

    Level 2

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  • 3 years ago
    Comment OMalley

    As I understand it, the referendum isn't about whether Greece should stay in the Eurozone, but purely about whether the bailout should be accepted. Following a no vote, Greece could still hope to achieve a new, gentler bailout agreement, or perhaps default while remaining in the Eurozone if that is possible.

  • 3 years ago
    Current Event OMalley

    Greek Referendum: the vote is today

    Greece is now voting to accept or reject the bailout terms proposed by its creditors. Alexis Tsipras supports the "NO", and hopes that a clear rejection would allow him to come back to the negotiation table. However, many fear that he might find the door closed, and that such a vote would cause Greece to be excluded from the Eurozone.

  • 3 years ago
    Comment OMalley

    Plenty of migrants who managed to enter Europe are now trying to enter the UK (for various reasons : they might have family/friends/relations there, or simply because they are english-speaking). Those migrants end up gathering in Calais, at the entrance of the Channel Tunnel, and try to somehow get inside trucks or trains...

    This creates a difficult situation for France, who regularly claim that the UK should bear a larger part of the costs.. whereas some in the UK fail to see why migrants in France should be their concern.

  • 3 years ago
    Comment OMalley

    It probably won't happen until Snapzu gets larger and needs external funds to further its development. Then investors can ask to have a say in the decisions, which is reasonable but risk to be the beginning of money-driven actions.