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ForsakenBreeze · 01-30-2011, 02:26 PM

Because of the high level of government spending greece has enormous deficit and no possibilities of reducing it. So why should the other EU countries repay in some manner their deficit?

FlipperSolid · 01-30-2011, 02:29 PM

Why did the Soviet states stay in the USSR until the very end? They had no choice.

iustinas · 01-30-2011, 09:33 PM

First off, do you mean the EU or the EMS? These are different things, and all serious-ish talk regarding Greece's issues that has so far went on has been about whether or not it should stay in the EMS. No one has ever considered urging Greece to leave the EU altogether, as far as I know.

And that would be silly, as the EU is not all about vying for slices of a shared cake (I am not trying to downplay this though, that's important too) - but there's also geopolitics, access to markets, even protection of european values. Losing any member would be a blow to the whole Union, especially one that has been a member for a considerable amount of time. Bad for businesses operating in Greece, bad for workers working there etc. Greece should definately NOT leave the EU.

Its membership in the EMS, however, is not as important. I'm not an economist so I'm not sure what are the possible consequences of Greece abandoning the Euro, but even if they are negative (up to a reasonable extent), I wouldn't mind seeing an abuser getting some sort of slap on the wrist. That said, I would not be in favour of any punishments that hurt the punishers out of proportion. If that is the case - retribution still ought to be achieved, but by some other means. To me, it wouldn't even matter if it's explicit or implicit. And something drives me to believe I'm not the only one thinking this Wink

Re: Greece having no choice

You may be right in your conclusions - it has little choice due to being intertwined within the Union, but are definately not right in the comparison you provided. Greece has never been coerced into joining the EU. Can you imagine German, Polish or French tanks in Athens, as there were Soviet tanks in Vilnius? :haha

You should think for just a minute before you post. Do you really want to disregard all the crimes commited by the Soviets like this?

LiquidQueen · 01-31-2011, 02:15 PM

For exactly the same reason that will Berlin is still around component of Germany, though it has been a bankrupt metropolis pertaining to 12-15 years as well as the point out were required to bail the item out. We are usually all Europeans along with united we all stand.

TheHatchling · 01-31-2011, 02:21 PM

The EU associate states confirm along with service that Greek economy, although don't feel first minuet this this fellow member countries will pay.The Greeks likely pay and it's planning to help hurt.
You see it's similar to with USA, the particular Chinese under-write the financial state belonging to the USA along with the EU associate expresses under-write your financial state associated with Greece.The Greeks as long as they so hope can certainly leave the particular EU from any kind of time.
In the actual USA that a condition desired to give that union, that may begin a civil-war. However it's not the case from the EU.
American finance institutions attempted to be able to destabilise your European forex by utilizing Greece, the good news is many people bought their tennis balls ensnared inside the unit and also wreaked their unique economy, these were only a little too smart.

iustinas · 01-31-2011, 03:49 PM

Just how and why did USA try to destabilize the Euro? The greek issue was no less than a 10 year cover-up involving the highest figures of power in its government. How do you believe could the US have gotten involved in that? Second question, why the hell would US have gotten involved in destabilizing so rigorously the closest thing it has to an ally? Makes no sense to me, sorry.