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Old 18-02-2012, 15:47   #558
Alan Fry
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Join Date: Oct 2011
Location: Radio Cairo, Hampstead, London
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Re: Eurozone will collapse...

Quote:
Originally Posted by Hugh View Post
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.
Yes, but they were forced to cut the budget deficit too fast, They need to invest into the economy at the same time as reciving the bailout, the biggest thing they need to is grow their econmony!
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