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ntluser · 31-05-2012, 10:36

It does seem a bit counter-productive to fine countries that are already in debt with large deficits.

It's equivalent to banks charging clients for exceeding their overdrafts when they have insufficient income in their accounts.

A far better idea would be for the IMF and ECB to come up with options which the countries currently are not using to reduce deficits.

31-05-2012, 10:36	#795
ntluser cf.mega poster Join Date: Jun 2003 Location: Manchester Age: 78 Services: Virgin Media XL Telephone,TV with Tivo box & Superhub3 upto 150Mb Broadband, Sky World, & Freeview+ Posts: 1,901	Re: Eurozone will collapse... It does seem a bit counter-productive to fine countries that are already in debt with large deficits. It's equivalent to banks charging clients for exceeding their overdrafts when they have insufficient income in their accounts. A far better idea would be for the IMF and ECB to come up with options which the countries currently are not using to reduce deficits.