Euro in Crisis

[Dustydog]

What a joke.

Slovakia's Parliament have voted against any more bail outs for Greece etc. Considering Slovakia are very new to the EU and are the second poorest nation in the Eurozone imo they were expecting big freebie handouts not payouts

.
Shame.They must be very upset like the rest of us having to shell out for a lazy nation who still want to retire early by our standards.
I wonder who else will vote against The European Financial Stability Facility

 

[JonnyG]

What a joke.

Slovakia's Parliament have voted against any more bail outs for Greece etc. Considering Slovakia are very new to the EU and are the second poorest nation in the Eurozone imo they were expecting big freebie handouts not payouts

.
Shame.They must be very upset like the rest of us having to shell out for a lazy nation who still want to retire early by our standards.
I wonder who else will vote against The European Financial Stability Facility

I always wondered why dogs didn't usually speak,and now I know, so using your advanced insight, Greece is a nation full of lazy so and so? Wonder how you came to that conclusion? was it from reading one of our illiterate tabloids!!!and please spare me any quotations that have tax dodgers in!

 

[Dustydog]

Thanks for your words of wisdom Jonny.
I guess the stuff I read in the Daily Telegraph and Sunday Express must be in error?

 

[Gafferbill]

.......what is being kept quiet is that the Pound is also in crisis and is lumped in with the Euro by the ' World Market Economy'
If this was not so the £ would rise in value against the € to regain the 30% fall it has suffered in recent years.

We cannot sit on the other side of the Channel and be complacent!

 

[JohnGriffiths]

Exactly Gafferbill! There was someone on telly the other day really chuffed that we had stayed outside the Euro, but he doesn't seemed to have grasped that it makes no difference in this crisis. Our banks have lent billions to the PIGS nations, sometimes to their goverments, sometimes to individuals - e.g. where has all that money come from to allow UK nationals to buy Spanish appartments? All of Europe and the US are in hock up to their eyeballs, primarily to the Chinese and Arab oil states. Unless we start to earn some real money, i.e by making something, and pay it back soon we are all going to be in the sticky stuff.

 

[mullsy1]

Not sure what we would make.Besides,24 hours later the chinese would be making the same product for a tenth of the price.Labour and manufacturing costs are just too high in the UK.We are already in the sticky stuff.

 

[Lutz]

Slovakia's Parliament have voted against any more bail outs for Greece etc.

Well, at a second attempt they've voted for the EFSF. Whether this solves the problem or whether it only delays the inevitable remains to be seen.

 

[chrisbee1]

Excuse my ignorance on European voting rules but do they just keep voting again and again until they get the result they want? Surely a NO vote is a NO vote? Will there be a third round of voting to see if the second (yes) vote gets overturned?

 

[KeithJ]

Some good comments on here - especially from Gafferbill and John Griffiths. If the Euro is in such trouble, why aren't we recovering the massive 2008 drop in exchange rate - unless the Pound Sterling is just as bad?!! Also, if we were to pull out of the EU, what makes people think we could stand on our own two feet as an independent nation. What would we make and would we have the willing workforce?

 

[Essexeddie]

Vote UKIP next time.

 

[Lord Braykewynde]

Excuse my ignorance on European voting rules but do they just keep voting again and again until they get the result they want? Surely a NO vote is a NO vote? Will there be a third round of voting to see if the second (yes) vote gets overturned?

Jog my memory but didn't it happen in Eire where they voted until they finally ratified the Lisbon Treaty and a fat lot of good it did them for being so accommodating

The lot of the unelected eurocrats are power crazy and the sooner we are out the better. Maybe then we will get our own government that governs Britain without the interference from across the water.
I just hope we leave the corrupt despotic union before I die so that I can go into the next world happy