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TOPIC: Greece out of the Euro?
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Greece out of the Euro? 13 Years, 5 Months ago
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www.bbc.co.uk/news/business-16923706
We're starting to get the stories that the Euro will survive without Greece,Portugal is also being mentioned.
Where will it end? Reality?
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Re:Greece out of the Euro? 13 Years, 5 Months ago
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In The Know wrote:
Not sure what you mean ... Do you mean Greece will quit the Euro, or they will be kicked out?
If its the former, they have nothing to gain ... the (full) debt will still be there (not the reduced debt that they are now seeking a bailout for).
In the new deal agreed today, further austerity measures (inc cutting the minimum wage by 22%, and for the young even further) will not solve the problem. This deal was initially proposed last October (and the loony Unions got in the way) - and Greece's debt is now significantly higher that it was then, so the new bailout (if it happens at all) will not solve the problem.
The Unions - in typical loony fashion - are showing their gratitude for being saved from bankruptcy by going on 48 hours strike !
The sooner these idiots learn that they ONLY have 2 choice - lower wages or no wages - the better for everyone !
The problem here ITK is that certain countries like Greece should never have been allowed into the Euro in the first place,they just weren't suitable.
The real loonies are not the unions,but those PC euro fanatic fools that let them there in the first place!
Oh and those same fools were dropping the hints about them being kicked out.Whatever austerity measures Greece takes will not be enough,they need a currency that reflects their economic position,not that of Germany's...as do some others who may well be next.
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Re:Greece out of the Euro? 13 Years, 5 Months ago
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