Greece, Greece, Greece

Discussion in 'Europe' started by Costcont, Sep 17, 2012.

  1. Costcont
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    Costcont Rookie

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    Why's always Greece? The polling by The Financial Times made it quite clear what the majority of Europeans think about it. Yes, Greece won't be able to pay off their debts. But EU economics and the euro would crush without it as EU member. They should better have in mind this mistake of including into Eurozone all-comers and to do polling about new states joining to Eurozone. For example Baltic states have got quite a great external debt. And their economics are nearly as disastrous as Greek one. What are those guys ever doing in EU at all? Who wanted them here? I don't know any man who would be glad to be in the same union with those backward and arrogant Baltics. Why didn't anyone do SUCH polling before they joined EU? As for me I have nothing against Greeks. I like Greeks. But I hate those rabid Baltic Nazis. Moreover as economist I know some figures. Their debts have increased to 130% of GDP. And their GDP scarcely rank to situation in 1990. That's "northern Greece"! Their EU membership is catastrophe. And everyone bothers just about Greece.
     
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Riots break out as depression level unemployment hits Greece...
    :eek:
    Greece unemployment hit a record 25% in July
    11 October 2012 - Protesters and riot police have clashed again in Athens
     
  3. waltky
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    waltky Wise ol' monkey Supporting Member

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    Uncle Ferd says he only uses conundrums made in America so's dey don't break...
    :cool:
    The Greek conundrum
    15 October 2012 - They are closing in on agreement. That is the word from Athens.
     
  4. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    Greece is the word!
     
  5. waltky
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    waltky Wise ol' monkey Supporting Member

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    Eurozone debt loads growing...
    :eusa_eh:
    As eurozone economy shrinks, govt debt loads grow
    Nov 17, 12: Europe's government-debt crisis is no longer panicking financial markets. But it won't end until the region's economy starts growing strongly again. And that will be a while.

     
  6. Colin
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    Colin Gold Member

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    We should be grateful to Greece. They could be responsible for creating the beginning of the end of the EU.
     
  7. Synthaholic
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    Synthaholic Platinum Member

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    Greece needs stimulus not austerity. There are plenty of infrastructure that needs work. People paying income taxes again and purchasing is what will lower their debt.
     
  8. ekrem
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    ekrem VIP Member

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    Baltic countries are tiny states.
    Their combined economy is likely less than Munich's economic output.
    They can't bring down the EU.

    Greece on the other hand...
    It's a miracle how such a small country could amass nearly 390 Billion $ of debt.
    It's like eating gold every dinner.
    And since their entry into EU they got billions of Euros from EU's cohesion-funds each year.
    What happened in Greece was a massive freeloading.
     

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