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Angela Merkel interfering in greek democracy
armour
Posts: 311 Forumite
http://www.guardian.co.uk/business/2012/may/18/eurozone-crisis-stock-markets-greece-spain
Says it all really about the contempt for democracy shown by the EU zealots.
Says it all really about the contempt for democracy shown by the EU zealots.
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Comments
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Did'nt she get that right when they joined the Euro?0
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http://www.guardian.co.uk/business/2012/may/18/eurozone-crisis-stock-markets-greece-spain
Says it all really about the contempt for democracy shown by the EU zealots.
What's wrong with that?
Why should German tax payers work till 64 to fund Greeks retirement at 55?0 -
I think Merkel's being a cheeky mare to suggest having a referendum now. When the last Greek PM suggested a public referendum last autumn she made him back track and then had him kicked out of office and replaced by a technocracy to do her bidding.[FONT="]“I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” ~ Maya Angelou[/FONT][FONT="][/FONT]0
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I think Merkel's being a cheeky mare to suggest having a referendum now. When the last Greek PM suggested a public referendum last autumn she made him back track and then had him kicked out of office and replaced by a technocracy to do her bidding.
When the Greek PM suggested it she was worried it would go against her (Euro), now she probably feels she will win it.
A lot of the electorate still want the Euro and still want to be init they just don't like the austerity. Having had time to reflect perhaps they will vote for Euro and in doing so weakening the anti-austerirty view."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
grizzly1911 wrote: »When the Greek PM suggested it she was worried it would go against her (Euro), now she probably feels she will win it.
A lot of the electorate still want the Euro and still want to be init they just don't like the austerity. Having had time to reflect perhaps they will vote for Euro and in doing so weakening the anti-austerirty view.
I do think she was trying to be clever and almost play a game of blackmail with the Greek people. Hoping like you said that it might weaken the anti austerity view. It was a very large gamble to play and I think she may have overshot herself. In fact looking at the comments coming out of Greece it looks like if that was the plan it's back fired spectacularly and Germany is already denying she said anything of the sort.
For the parties that back the austerity package it's a very risky gamble because if the vote was lost they would loose all creditability.
The Party that came second and is against the austerity cuts hasn't actually said they want to come out of the Euro, though their policies may well lead to that happening. So a vote either way probably wouldn't affect them as much as the other parties. They can now also point and say to the people "look how they are meddling in our elections and trying to run our democracy". Such things will only whip up more anger against the EU.[FONT="]“I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” ~ Maya Angelou[/FONT][FONT="][/FONT]0 -
What's wrong with that?
Why should German tax payers work till 64 to fund Greeks retirement at 55?
Maybe so the Greeks can keep buying German made crap on cheap credit they cannot repay?The J is a Financial Advisor-This site doesn't check anyone's status and as such any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Always seek professional advice.0 -
Maybe so the Greeks can keep buying German made crap on cheap credit they cannot repay?
Good point.
Instead of Germany getting itself into debt to keep it's own people on the state, it can off load the burden onto Greece and keep the German workers employed.
Unfortunately they are going to get into debt bailing out the self same Greeks.
Perhaps they should cut out the middle man and just get themselves in debt, without spreading the problem around the rest of Europe. After all if they go back to the DM they will become less competitive on the world stage leading to unemployment and flat lining."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Do people honestly think Germany gives 2 hoots about Greeces economy? It is miniscule compared to Germanies, even if all Greek GDP was spent in Germany, which is isn't, it would only make a dent in it if it disappeared.
Germany care about the billions in loans its banks are holding that it will have to bail out if Greece defaults. Its not the German governments fault that its banks didnt appreciate the risk of Greek bonds.
Germany has barely benefited at all from Greece being in the union, its economy is far too small to make any meaningful difference especially to the strength of the currency in the noughties.Faith, hope, charity, these three; but the greatest of these is charity.0 -
I just do not think it is sustainable for a country to be bailed out again and again, in a never-ending series of bailouts, without there being any sign of its helping itself to grow. It is taxpayers in other countries who are having to support Greece, which is completely wrong.
Greece got into the Euro fraudulently, so should leave as quickly as possible, before more damage is done to other economies.0 -
I think Merkel's being a cheeky mare to suggest having a referendum now. When the last Greek PM suggested a public referendum last autumn she made him back track and then had him kicked out of office and replaced by a technocracy to do her bidding.
So true.
But now it's a case of realising there are no options left. Only two days ago she conceeded Greece may default. Up until that point, she was adamant there was no chance. Therefore, giving the Greeks the referendum she and her cronies forcefully halted last time around will conviniently get her off the hook if they vote to leave.
Will be the greeks fault again then, and not hers. So transparent.
I have no doubt if the vote goes ahead, it will be heavily loaded to create the result where the greeks vote themselves out, and the greedy greeks will then be at fault.
If they default however, instead of opting out, people will rightly be asking why on earth the Eurocrats couldn't see what everyone else could.0
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