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Greece...

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Comments

  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    wymondham wrote: »
    I cant believe I keep seeing this thread appear... surely the EU have sorted a solution out for Greece by now....... :) whats that... no???? Dynamic lot!

    The "EU" didn't do what you wanted it to do. What is it you wanted it to do btw?

    But anyway, you should continue to blame it for not doing what you personally thought it should have. That will cause a lot of outrage and you can leverage that.
  • mwpt wrote: »
    The "EU" didn't do what you wanted it to do. What is it you wanted it to do btw?

    But anyway, you should continue to blame it for not doing what you personally thought it should have. That will cause a lot of outrage and you can leverage that.
    Even for you that's some serious waffle.

    Trying to deny that the EU have not solved Greek problems is like denying grass is green.

    But don't worry.
    We expect no better from you.
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Things have come to a head again, with Greece deciding to give its poorest pensioners a Christmas bonus, but they didn't tell their creditors.

    The Eurozone has consequently said nein and suspended their debt relief plan. Greece has refused to back down:

    http://www.bbc.co.uk/news/business-38318360
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    Even for you that's some serious waffle.

    Trying to deny that the EU have not solved Greek problems is like denying grass is green.

    But don't worry.
    We expect no better from you.

    Except I'm not trying to deny that. It seems to be you who thinks the EU must solve this problem, so let's get a straight answer. What exactly do you think the EU should do differently?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mwpt wrote: »
    Except I'm not trying to deny that. It seems to be you who thinks the EU must solve this problem, so let's get a straight answer. What exactly do you think the EU should do differently?

    There's the conundrum. As it was the EU that created the problem in the first place. The Greeks can simply milk the situation for all it's worth. Trouble is there's nothing in the rule book to kick anyone out either. Though this isn't the solution due to the other issues (outside of Greece) that such a course of action would create. In other words a complete shambles.
  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    Thrugelmir wrote: »
    There's the conundrum. As it was the EU that created the problem in the first place.

    No, Greece did. What did Greece do left alone in a dark room with easy access to a lot of debt? They went bat-!!!! crazy and tried the opposite of austerity where you borrow your way to prosperity. It failed and they must now pay the price. If the ESM did not exist, it would be the IMF that would be making the conditions. Greece should reject the conditions and default.

    When it comes to the EU people seem to want to absolve everyone but the EU of anything, redirecting blame seems to be the game.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Thrugelmir wrote: »
    There's the conundrum. As it was the EU that created the problem in the first place. The Greeks can simply milk the situation for all it's worth. Trouble is there's nothing in the rule book to kick anyone out either. Though this isn't the solution due to the other issues (outside of Greece) that such a course of action would create. In other words a complete shambles.

    If the EU created a problem why aren't all member states in the same boat as Greece? Perhaps different sovereign members took different decisions?

    There's plenty of blame to share but perspective seems to be going out of fashion these days.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    mwpt wrote: »
    No, Greece did. What did Greece do left alone in a dark room with easy access to a lot of debt? They went bat-!!!! crazy and tried the opposite of austerity where you borrow your way to prosperity. It failed and they must now pay the price. If the ESM did not exist, it would be the IMF that would be making the conditions. Greece should reject the conditions and default.

    When it comes to the EU people seem to want to absolve everyone but the EU of anything, redirecting blame seems to be the game.

    To be fair, Greece cannot just borrow without having creditors willing to lend to them.
  • Carl31
    Carl31 Posts: 2,616 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    wotsthat wrote: »
    If the EU created a problem why aren't all member states in the same boat as Greece?

    If you gave 5 people £1000, then checked back with them 6 months later, each of them would have different amounts, some more, some less, depending on their financial situation before and during having that money

    The underlying success of the EU assumes all member states are harmonious in their economic activity, but they're not. Greece is like the poor mate in the group that is the lowest earner, but tries to keep up with everyone else, usually by maxing out credit cards (or EU borrowings)
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    wotsthat wrote: »
    If the EU created a problem why aren't all member states in the same boat as Greece? Perhaps different sovereign members took different decisions?

    Perhaps the design of the Eurozone was never fit for purpose. Half baked........ as was politically driven.
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