Markos Birthday Celebration Week (MBCW)
Wall Street Greek celebrates its founder's birthday, and the beginning of "Markos Birthday Celebration Week" (MBCW). MBCW is a seven-day period within which Markos' friends treat him to meals, drinks and plain old good times (you're hereby notified - appointments available at wallstreetgreek @ gmail.com). While MBCW is not widely celebrated across the nation (yet), it is a notorious event within a group of friends Markos places into awkward position each year due to his unwarranted and perhaps unwelcome expectations for "freebies" (I like steak and motorcycles).
Happy MBCW to you!
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posted by The Greek | 9:45 AM
5 Comments:
happy birthday, Greek
Well, happy birthday. Even (or especially) in these sad times, it's good to have something to celebrate!
Hmm, up at the frontpage I read this is an "expert authored" blog. Excuse me pls, but what kind of an expert are you, Mr. Kaminis? On greek vine, maybe? Because, obviously, anybody you sincerely advocates a "tax on tourists" as a way out of the crisis has no clue about economy! All the best for your birthday, but I don't think the Greek government would be well advised to listen to such expertise.
Gray,
The rules of MBCW explicitly state no backhanded compliments should be issued to "The Greek" during MBCW. And no, I know nothing about Wine.
Regarding your comment, if the Greek government sticks to its current plan, it will be replaced by a new radical government. Government serves its citizens, first and foremost. I also answered your rebuttle at the "Greece News & My Disgust" article, where you talk about my "taxing of tourists."
I never said tax tourists out of the country. But, if you want to see the Acropolis, then I doubt you will mind paying an extra 2 euros. And if you want to stay in an Athens hotel, you will neither notice a small fee there, nor on your ticket to country. Small things add up. Greece has more to offer than beaches, and it will keep its tourists.
What country are you from Gray? So you advocate disturbing the peace in Greece by taking away 2 months income from people who are already not meeting the cost of living (since entering the euro)? Two things you do not mess with, a man's source of income or his wife.
Greece must be creative in finding money. These current measures threaten -7% or more GDP impact, if political stability holds.
"if the Greek government sticks to its current plan, it will be replaced by a new radical government"
Historic evidence rather points to a new dictatorship by the military. Not that this would be any better. The silent majority would be well adviced to support Papandreou, in porder to avoid a total desaster. Even with all its flaws, his plan still is the only one that makes some sense.
"But, if you want to see the Acropolis, then I doubt you will mind paying an extra 2 euros."
Those Euros add up, and make the Greek tourism industry less competitive. Especially in these difficult times, tourists rather spend less than more. Recent reports show that. But Greece needs more tourists, not less!
And, yes, I advocate reducing the salary of those in the PUBLIC sector. Those officials are infamous for their low productivity, high coruption, and still earn about 40% more than workers in the private sector, according to reports. The government is broke and can't pay for this overblown administration anymore. Yes, of course, those salaries have to be reduced!
"These current measures threaten -7% or more GDP impact"
Dunno if it will be 7%, but certainly a reduction of the GDP, I agree. However, if the government manages to reduce its costs even more than that, it's still a win situation for them. That's the problem. The outlook is dire, nobody in the EU (and prolly in the rest of the world, too) will finance the Greek deficit in the long, not even the medium run. The government budget HAS to decrease, and so the Papandreou team can not care that much about the GDP. State finances have the higher priority.
So, indeed, "creative ideas" are needed! And there are "some proosals" at Greeknews that make some sense. Have you read that story?
http://www.greeknewsonline.com/?p=12597
Gray,
Stay on the Greece article to make it easier to communicate. I commented there.
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