kamui Posted May 16, 2012 Report Share Posted May 16, 2012 If Greece and "others" leave the Euro - would not that make the Euro stronger? A German news site today speculates, that if Greece should collapse most EUR countries will follow, including France. In the end only Germany and Austria would keep the Euro. I guess the currency should be renamed then. IMHO this would cause trouble world wide, since many financial institutions have invested in the Euro and European countries. Link to comment Share on other sites More sharing options...
allistar Posted May 16, 2012 Report Share Posted May 16, 2012 Plus, who would trade in Europe with Germany if individual countries or the Euro collasped. Germany has done well trading with these countries over the last 12 years of the Euro existance (and many decades before that). It would be in Germany's best financial interests to make this crisis as short as possible, with a long range outlook toward stability. Link to comment Share on other sites More sharing options...
cavanami Posted May 16, 2012 Report Share Posted May 16, 2012 One of the driving ideas behind the EU was financial. Rules were setup to force countries to abide by these rules if they wanted to join the EU and gain the benefits, no import taxes, etc. After a few years, it appeared that they were not getting the countries to join as quick as they wanted so they let the likes of Greece, Italy, etc into the EU. ...here we are today Link to comment Share on other sites More sharing options...
Redbaron Posted May 17, 2012 Report Share Posted May 17, 2012 Another war in Europe will sort it all out... Link to comment Share on other sites More sharing options...
kamui Posted May 17, 2012 Report Share Posted May 17, 2012 Another war in Europe will sort it all out... Luckily and hopefully these times are over. Link to comment Share on other sites More sharing options...
Steve Posted May 18, 2012 Author Report Share Posted May 18, 2012 American foreign policy is that we will only get involved if we are fighting the French. Link to comment Share on other sites More sharing options...
Guest lazyphil Posted May 19, 2012 Report Share Posted May 19, 2012 http://www.bbc.co.uk/programmes/b01hl4hj Link to comment Share on other sites More sharing options...
Flashermac Posted May 20, 2012 Report Share Posted May 20, 2012 American foreign policy is that we will only get involved if we are fighting the French. It should have been that way in 1917 too. Might have saved a lot of lives in the long run. Link to comment Share on other sites More sharing options...
Dexi Posted May 21, 2012 Report Share Posted May 21, 2012 Less than a month to go before the new elections in Greece.It looks likely that the voters will give the old two fingered salute to the Germans and tell them what they can do with their austerity program.Such a result would trigger a default.Eurozone meltdown here we come Link to comment Share on other sites More sharing options...
BelgianBoy Posted May 21, 2012 Report Share Posted May 21, 2012 Eurozone meltdown here we come not going to happen and the Greeks know it very well..... and buying the Greeks out of the Euro will cost the other Euro-countries (not the EU) between 150 and 350 billion, thus also not going to happen. first it was kinda punish them for being corrupt, alas, that does not work, so probably looking towards giving them a clean slate, in order for a fresh start, but under supervision. just my 2 satang.... BB Link to comment Share on other sites More sharing options...
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