Just how much financial tulip is Greece in?

[Gonzo]

On Sunday there is jubilation that the eurozone would make €30bn available to Greece to prop up its finances if it needed it, as a last resort. But Greece makes clear it does not envisage calling on this lifeline.

On Tuesday Greece successfully raises €1.56bn from gilt sales to the market.

On Thursday Greece seeks to initiate further discussions on the mechanism for drawing on the €30bn that it still says it is not calling on.

Is it just me, or is it difficult not to think that the country seriously in the tulip?

[NotAllThere]

There was an article in the times recently (opinion piece) that was talking seriously about Greece withdrawing from the Euro.

[BlasterBates]

Greece is going for default.

The upside is it'll precipitate a bit of a crisis, and make other countries mop up a bit.

[chef]

Greece is going for default.

The upside is it'll precipitate a bit of a crisis, and drag other countries down with it

FTFY

[scooterscot]

So I'm curious, all these Euros I'm now earning, change them back soon as I send an invoice or keep the cash in a euro account until the double dip?

[Francko]

We are all doomed

[Gonzo]

More than was thought by the sounds of it.

BBC News - Greece's budget deficit worse than first thought

[expat]

There was an article in the times recently (opinion piece) that was talking seriously about Greece withdrawing from the Euro.

No way. Being in the Euro is the leverage that lets them stick their unpayable bills to other countries.

[Mich the Tester]

No way. Being in the Euro is the leverage that lets them stick their unpayable bills to other countries.

It's in even worse shape than Britain but the weather's a lot better.

[scooterscot]

I read somewhere it was in goldman sachs interests that Greece went down the toilet, as they've bet against a recovery.

How dreadful a business can help bring a country to it's knees -

GS stand to win big time if Greece defaults