Re: Eurozone will collapse...
 

Inevitable that it would be a placeman approved by the EU mafia. That's democracy gone for another member state.

Let's run through the process again. Give them unlimited free money until they're up to their shoulders in debt. Then reel them in and tell them the only way they can be saved is to agree to certain officials having final approval of key financial choices.

Sad indeed that the country that invented democracy should be swallowed up by this most un-democratic of monsters.

Re: Eurozone will collapse...
 

this whole stuation is a mess

Re: Eurozone will collapse...
 

Nobody forced them to spend on the ridiculous things that they have done or not get people to pay their taxes.

Re: Eurozone will collapse...
 

Indeed, Greece has continued to run its affairs has it always did. The difference is, southern European countries are used to devaluing their currencies every time they get in trouble. Now they're in the Euro they can't do that.

The root of the problem is that Greece was allowed into the Euro in the first place. They were locked into the system because the European Council took a political decision to declare that they met the convergence criteria. This was a complete fudge (and not only for Greece).

Re: Eurozone will collapse...
 

Quite right.

Aside from averting a financial catastrophe, possibly the best thing we can hope for from all this is that the problems in Euro-lala-Land have put paid to any hopes the Turks had for gaining full admission to the 'club'. Given the Eurocrats' track record, however, perhaps not....... :erm:

Re: Eurozone will collapse...
 

Leaders should recognise that because of the differing strengths of EU economies some will find it easier than others to maintain the Euro.

Stronger economies are being weakened trying to maintain the Euro and it is becoming impossible for them to support weaker economies without detriment to their own.

We should recognise the Euro is dead and each country should revert back to its pre-Euro currency.

We should close down the EU parliament and allow nations to use the money saved to generate growth within their own economies.

We need to have a fairer redistribution of wealth within society with the rich taking less and more being given to the poor but done in such a way that we have more money available to develop our national infrastructures, creating growth and jobs.

We also need to have a national pension scheme to which everybody belongs including MPs with equal contributions, rights and benefits instead of having as we do different pension schemes of various strengths for the ordinary public while MPs have a gold plated scheme despite beiong the ones responsible for our economic and financial failure.

When we have a fairer society where we really are all in it together maybe we will have a better chance of solving more of our national problems and we'll all be a lot happier.

Re: Eurozone will collapse...
 

ditching the euro would be a serious backward step, 70% of my business is done in euros, most of the rest in usd. The GBP is too restricted to just this country only.

Re: Eurozone will collapse...
 

No we don't, we need a referendum on staying in or leaving and we need it NOW. Why are certain posters so scared of asking the public to decide

Re: Eurozone will collapse...
 

perhaps they belong to a small minority that wish to keep us all in the EU regardless of the opinions of the majority - that's just a thought ;)

Re: Eurozone will collapse...
 

I would suggest that 70% of your business is done with businesses in Europe who pay you in Euros.

I'm not suggesting that we don't trade with Europe but merely that each European country reverts to a currency that it can easily support.

If a European country goes bankrupt you lose out whatever currency they are using.As it is the Euro is bankrupting countries whose economies are not strong enough to support it.

All countries, businesses and individuals need to live within their means. If they had we would not be in the mess we are in.

Dropping the Euro and the EU Parliament infrastructure gives poorer economies greater room to manouevre instead of being tied to EU dictats and allows stronger economies to continue without having to continously bail out economies that are failing.

Each nation's future, after all, lies in its own hands not the EU's.

If we had been allowed a referendum, I believe many people would vote to leave particularly when the EU Parliament has a salaries, pensions and expenses scandal that is bleeding European countries dry.

Re: Eurozone will collapse...
 

Well said :clap:

Re: Eurozone will collapse...
 

A better solution is to keep the euro but not enforce it as a only currency in poor countries. eg. I use euros even tho I live in the UK. Killing the currency is going way over the top and seems some are on a agenda to get rid of it, exchange rates are a horrid thing as for one it allows people to make money out of exchange rate confusion, eg. something may cost 100usd in america and then 100gbp here, a sudden large % markup.

Everytime there is something going wrong with europe some news agencies are on it like a rash, along with various people on here and on other places, like they cant wait for it. Shame they not so keen about problems within the uk.

Not only do I sell services to europe but I also buy them, especially from germany and holland. Online services availability within europe would be severely hampered without the euro, but I guess people who live only within the UK shell fail to see this and just listen to anti EU propoganda too much.

Re: Eurozone will collapse...
 

I'm curious to know how you use Euros. Do you receive a pension or salary in the currency or did you perhaps opt for a Euro mortgage?

Re: Eurozone will collapse...
 

I am not sure what you mean.

You mean how do I spend them?

Its easy to exchange it into GBP if I need to spend it.

Anyone in the world can accept or spend euros.

Re: Eurozone will collapse...
 

How do you use them then? Do you have a Euro bank account or get paid in Euros?