Originally Posted by Hugh (Post 35383951)

They tried that a couple of times before - didn't seem to work.....

Originally Posted by Hugh (Post 35383959)

Do you actually read anything?

The EU gave Greece 110 billion euros of bailout loans in May 2010, and they didn't adopt any austerity measures then.

Originally Posted by heero_yuy (Post 35383971)

He just expects Greece to be given huge wedges of cash forever without doing something about retiring at 50, paying 14 months wages for 12 months work, not collecting taxes from the rich (funny stance that considering his abhorrance of the "rich") and all the other Spanish practices.:rolleyes:

Originally Posted by heero_yuy (Post 35383971)

He just expects Greece to be given huge wedges of cash forever without doing something about retiring at 50, paying 14 months wages for 12 months work, not collecting taxes from the rich (funny stance that considering his abhorrance of the "rich") and all the other Spanish practices.:rolleyes:

Originally Posted by Chris (Post 35383975)

Well naturally, it's the same old socialist fantasy, except in this version of it the never-ending money tree is a country called Germany.

Originally Posted by Chris (Post 35383993)

Yet you are demanding that Greece be given a pile of money *without* reforming.

Originally Posted by denphone (Post 35385401)

Originally Posted by denphone (Post 35385401)

Originally Posted by Chris (Post 35385447)

Whatever the problem, the EU's solution is always spend, spend, spend ...

http://blogs.telegraph.co.uk/news/da...to-spend-more/

The video clip on that page is well worth watching in full.

Originally Posted by richard1960 (Post 35385444)

Greece in my view would be much better off leaving the Eurozone the austerity measures are killing the country instead it has taken another pile of cash and will crush its people even more whilst the elite live the Euro dream that the man in the street pays for very sad indeed.:(

Originally Posted by Chris (Post 35385447)

Whatever the problem, the EU's solution is always spend, spend, spend ...

http://blogs.telegraph.co.uk/news/da...to-spend-more/

The video clip on that page is well worth watching in full.

---------- Post added at 09:36 ---------- Previous post was at 09:22 ----------



Have a look at this report into the agreement. You could be forgiven for thinking the Grauniad and Torygraph hacks were attending different events.

http://www.telegraph.co.uk/finance/f...or-Greece.html

By the Tele's reckoning, this is not just the nick-of-time solution that the Graun would have you believe it is. Greece has been forced to accept the permanent and significant presence of Euro-Gauleiters in the heart of its finance ministry. It has also been forced to create a ring-fenced bank account that will never contain less than three months' debt repayments.

The power to decide how and where to raise and to spend money is the fundamental benchmark of sovereignty. The EU is no longer gnawing at the edges of national sovereignty by mucking around with common agricultural, fisheries or even foreign policies, it has rammed a stake through the heart of the Greek state by installing itself in that country's economic policy too.

Of course, let's not forget that the current Greek government has agreed to this and bears responsibility for it too. The Greek people certainly won't forget when the elections come round in April and the parliament is stuffed with fringe lunatics from the hard left and the hard right who have promised to chuck the whole austerity thing in the Agaean.