Cable Forum - Eurozone will collapse...

Page 34 of 130

« First

Last »

Show 100 post(s) from this thread on one page

Cable Forum (https://www.cableforum.uk/board/index.php)

- Current Affairs (https://www.cableforum.uk/board/forumdisplay.php?f=20)

- - Eurozone will collapse... (https://www.cableforum.uk/board/showthread.php?t=33678876)

denphone

27-01-2012 10:51

Re: Eurozone will collapse...

Quote:

Originally Posted by Osem (Post 35370142)

:shocked:

http://www.bbc.co.uk/news/world-16754600

Christ l cannot believe its gone over 5 million and don't it tell us that things are more then bad but absolutely dreadful in parts of Europe.

Alan Fry

27-01-2012 11:05

Re: Eurozone will collapse...

Quote:

Originally Posted by Osem (Post 35370142)

:shocked:

http://www.bbc.co.uk/news/world-16754600

If this continues on, they Europe would be facing big poltical change!

denphone

27-01-2012 20:09

Re: Eurozone will collapse...

http://rt.com/news/fitch-downgrade-eu-countries-919/

Quote:

Ratings agency Fitch has downgraded the credit ratings for five European nations, namely Belgium, Cyprus, Italy, Slovenia and Spain.

*The agency stated the revision was made due to "the absence of a credible financial firewall against contagion and self-fulfilling liquidity crises" and "the marked deterioration in the economic outlook" in Europe

Osem	28-01-2012 19:36

Re: Eurozone will collapse...

Quote:

A leaked plan from the German government proposes a eurozone "budget commissioner" to take control of Greece's tax and spending, reports say.

The Financial Times, which has a copy of the plan, calls it an "extraordinary extension" of EU control.

http://www.bbc.co.uk/news/world-europe-16773974

That'll go down well in Greece won't it? :rolleyes: How long before they want EU appointed 'commissioners' to run Spain, Italy, Portugal, Ireland etc?....

gba93

28-01-2012 19:57

Re: Eurozone will collapse...

Quote:

Originally Posted by Osem (Post 35371112)

Note to Damien & Hugh - remember this post that you rubbished:

Quote:

The end result could still be the same for the weaker countries - lack of freedom, inability to govern according to the will of the people and being dictated to by another country (or countries)

Osem	29-01-2012 16:42

Re: Eurozone will collapse...

The man from Athens, he say 'NO'....

Quote:

Greece has rejected outright German proposals for the EU to hold power over its budget.

Culture Minister Pavlos Yeroulanos told the BBC it would be "impossible" for Greece to cede control of its tax and spending powers.

http://www.bbc.co.uk/news/business-16780448

Osem	29-01-2012 21:40

Re: Eurozone will collapse...

... and it's all the fault of the Germans with a bit of help from the French and Gordon Brown:

http://www.bbc.co.uk/news/world-europe-16761087

Quote:

Who is to blame for starting the current crisis in the eurozone? Greece? Italy? The real answer may lie further north.

It was not the behaviour of the eurozone's southern members that first plunged the single currency into crisis.

There was, from the beginning, a way for the EU to police the economies of member states by following the rules that had been laid down for the single currency in the Maastricht Treaty.

It was called the Stability and Growth Pact, and it was not Italy or Greece that torpedoed it - it was Germany.

http://www.bbc.co.uk/news/world-europe-16761087

nomadking

29-01-2012 22:34

Re: Eurozone will collapse...

And that forced Greece to go on a spending spree and pay certain groups ridiculous amounts in wages.:rolleyes:

Alan Fry

30-01-2012 08:54

Re: Eurozone will collapse...

There will be a United States of Europe at this rate, but the UK is unlikely to be part of it!

gba93

30-01-2012 09:54

Re: Eurozone will collapse...

Quote:

Originally Posted by Alan Fry (Post 35371933)

There will be a United States of Europe at this rate, but the UK is unlikely to be part of it!

Damien/Hugh ------- any observations on this current turn of events :rolleyes:

denphone

30-01-2012 09:55

Re: Eurozone will collapse...

Quote:

Originally Posted by Alan Fry (Post 35371933)

There will be a United States of Europe at this rate, but the UK is unlikely to be part of it!

And thats the way l want it.

Osem	30-01-2012 10:18

Re: Eurozone will collapse...

Quote:

Originally Posted by nomadking (Post 35371808)

And that forced Greece to go on a spending spree and pay certain groups ridiculous amounts in wages.:rolleyes:

No, it set a climate in which excesses would be 'overlooked' for political ends perhaps. Nobody forced all those in the UK who jumped on the property remortgaging and credit bandwagon but they did it and it was clearly politically expedient at the time to do nothing about it.

Hugh	30-01-2012 10:35

Re: Eurozone will collapse...

Quote:

Originally Posted by gba93 (Post 35371955)

Damien/Hugh ------- any observations on this current turn of events :rolleyes:

Yes.

The Greeks keep saying "we're going to fix it" - after a couple of recursions of this behaviour, without actually fixing it, the German's made a proposal (imho, quite reasonably - the Greeks want the money with the responsibility of having to do anything, or fix anything).

It's still not the same as invasion, however you make like to spin it. :dozey:

Alan Fry

30-01-2012 10:45

Re: Eurozone will collapse...

Left wing parties on the rise in Greece

http://www.businessweek.com/news/201...oll-shows.html

Dai	30-01-2012 10:57

Re: Eurozone will collapse...

Quote:

Originally Posted by Hugh (Post 35371983)

It's still not the same as invasion, however you make like to spin it.

Indeed it's not. There is always a faint hope that local rebels could fight off an armed invasion. With this sort of financially-driven takeover the result is virtually the same but there is no target to fight.

All times are GMT +1. The time now is 21:55.

Page 34 of 130

« First

Last »

Show 100 post(s) from this thread on one page