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Swordfish

Walking by the Akteion restaurant we saw this giant swordfish ready to be put on the grill! Co-owner Prodromos looks very proud.

DSCN2582
Forget that the photo has little to do with financial matters, it is time to get back to showing “Skopelos photos” and so, here is one.

On a drier note, first the good news from Christine Lagarde…

“The IMF has taken note of yesterday’s referendum in Greece. We are monitoring the situation closely and stand ready to assist Greece if requested to do so,” the IMF’s top official said.

Now the bad news

“The IMF has taken note of yesterday’s referendum in Greece. We are monitoring the situation closely and stand ready to assist Greece if requested to do so,” the IMF’s top official said.

Why bad news? A little research indicates that the IMF is offering “technical help” only. These are the folks who have admitted it was their technical miscalculations that caused the Greek loan program to spiral out control resulting in the devastating economic situation in Greece today.

It is a kind offer.

tsakalotos_2.7_708
photo is from greece.greekreporter.com

He was the country’s top negotiator in aid talks with creditors Greece’s top negotiator in aid talks with creditors, Euclid Tsakalotos, will be sworn in as finance minister on Monday after the resignation of Yanis Varoufakis, a Greek presidency source told Reuters. “Tsakalotos will be sworn in with the political oath as finance minister,” the presidency official reportedly said in a statement.

http://time.com/3946706/tsakalotos-greece-finance/

These photos are from Philippe who took several photographs of the nice boats visiting Skopelos the last couple of weeks.

NOw what?

english [map enlarges with a click] If the numbers don’t say it clearly enough, the colors on the map just might. In what would normally be called a landslide (but which the media refers to as a polarizing vote), the Greeks as a nation have rejected the terms of the latest bailout agreement and are headed back to negotiations. What from the start was predicted to be so close as “neck and neck”, ended with the “NO’s” having a 6-4 edge nation wide. International financial markets are “unsteady” at this hour (07:00) (09.44)

Greek finance minister Yanis Varoufakis resigns despite referendum no vote See Varoufakis blog post about it below “Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and assorted ‘partners’, for my… ‘absence’ from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement. For this reason I am leaving the Ministry of Finance today. I consider it my duty to help Alexis Tsipras exploit, as he sees fit, the capital that the Greek people granted us through yesterday’s referendum. And I shall wear the creditors’ loathing with pride” http://yanisvaroufakis.eu/2015/07/06/minister-no-more/ Also;

Greek Opposition Leader Antonis Samaras Resigns as New Democracy Head http://www.pappaspost.com/greek-opposition-leader-antonis-samaras-resigns-as-new-democracy-head/

ΝΑΙ Η ΟΧΙ

heather (photo from H’s Facebook page.) On Skopelos and in the rest of the country the voting process runs smoothly so far. In front of the polling station in the local high school here on Skopelos only members of the communist party were present and urging voters to vote no and use the printed paper they handed out which said no to Europe. By using this paper the voter would neither vote yes or no because it is invalid. You have to use the 2 papers provided in the polling stations. They may stay open until 21.00 hours if necessary and only if the lawyer/court representative decides this.

Mark Rowson Cartoon

Mark Rowson Cartoon


Those interested in the nitty-gritty of voting tomorrow can pop this link

http://www.tovima.gr/politics/article/?aid=719159

into their browser or translator.
Basically polls open at 07:00 and close at 19:00. People will go to their usual polling place with their identification in hand.

They will be given two ballots cards. The first has the question, a short version of which is,”Do you approve the terms of the EU proposal?”
Next to the question are two boxes, one labeled “No” (don’t approve) and one “Yes” (approve). Voters who wish to vote will put a cross in the box with the answer they wish to give.

The second ballot is a blank white card which is to be submitted if the voter wishes not to vote.

For the result to be legitimate, 40% of the populace must vote.

The ferry companies are yielding to the €60 per day ATM limit and offering reduced fares for those wishing to travel to vote. We have heard that some voters can not travel to their mainland towns and cities because they can’t afford it.

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