It appears to me that the Greeks are a lazy bunch that fiddle their taxes.
We and the Eu would be better off without them.
This said the Eu probably don't want to cut them off completely as they'll never get paid their debts.
It appears to me that the Greeks are a lazy bunch that fiddle their taxes.
We and the Eu would be better off without them.
This said the Eu probably don't want to cut them off completely as they'll never get paid their debts.
funlover12 (28-06-15), nonpareil (28-06-15), ThomasJ (28-06-15), willie wacker (28-06-15)
Yes, big problem, they are all gone
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nonpareil (28-06-15)
slavetoyou (01-07-15)
I think the Rep. Of Ireland is owed about €360 million by the Greeks (under previous bailout agreement all EU countries had to contribute) which would be fully or partially lost if they default.A drop in the ocean compared to what the Germans and others are owed but still not insubstantial for us.
funlover12 (28-06-15), nonpareil (28-06-15)
I wonder if this reasoning is correct?
Greece leaves the Eu. This shows the Eu is less stable to investors.
Money leaves the Eu. Euro devalues.
Imports such as fuel become more expensive.
Inflation.
Recession
Can the Eu afford the investment required to stabilise the Euro of Greece leaves?