An exit of Greece from the Euro zone could cost the French taxpayer up to 66.4 billion Euros and saddle the country's banking system with 20 billion Euros in lost loans, according to a study published on Tuesday. Read full article
Yeah this is confusing, I understand they like to report news about the UK even if it's got nothing to do with the south just to flare up people into fights.
I was vehemently opposed to the creation o the Euro and have always considered it a silly idea. However I don't believe it is the interests of the UK or Euro members to allow it to collapse as seems likely. Greece leaving will cause a domino effect.
It's one thing to make a political decision to leave, get your house in order and do so - but this scenario is simply to escape debts that can't be paid.
Germany is currently baulking at the idea of taxpayers paying off Greek debt - and rightly so - but a disorderly collapse will cost them more in the long term than just paying up.
The euro was a stupid idea and was Germany's idea more than anyone else. It's their mess and they need to fix it.
The UK should pull out of Europe. That will make us a saving of 60bn a year. Better to spend that money on British interests instead of the corrupt old boys club in Europe which seems to spend most of it's time telling us which banana's are curved enough. That money would be better spent on getting our own house in order rather than spending on the EU.
Comments
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May 15th, 2012 - 04:24 pm - Link - Report abuse 0@1 Not mercopress fault is south america is dead boring compared to the rest of the world :-))))
May 15th, 2012 - 05:48 pm - Link - Report abuse 0Yeah this is confusing, I understand they like to report news about the UK even if it's got nothing to do with the south just to flare up people into fights.
May 15th, 2012 - 07:15 pm - Link - Report abuse 0But France?
This will just give euro political supporters a golden opportunity to scare us into thinking the world will collapse if they pull out,
May 15th, 2012 - 07:21 pm - Link - Report abuse 0bla bla bla .
Good, because in reality the Big mega french banks are broke. Let them eat (virtual) cake.
May 16th, 2012 - 05:24 am - Link - Report abuse 0I was vehemently opposed to the creation o the Euro and have always considered it a silly idea. However I don't believe it is the interests of the UK or Euro members to allow it to collapse as seems likely. Greece leaving will cause a domino effect.
May 16th, 2012 - 08:49 am - Link - Report abuse 0It's one thing to make a political decision to leave, get your house in order and do so - but this scenario is simply to escape debts that can't be paid.
Germany is currently baulking at the idea of taxpayers paying off Greek debt - and rightly so - but a disorderly collapse will cost them more in the long term than just paying up.
The euro was a stupid idea and was Germany's idea more than anyone else. It's their mess and they need to fix it.
The UK should pull out of Europe. That will make us a saving of 60bn a year. Better to spend that money on British interests instead of the corrupt old boys club in Europe which seems to spend most of it's time telling us which banana's are curved enough. That money would be better spent on getting our own house in order rather than spending on the EU.
May 16th, 2012 - 12:04 pm - Link - Report abuse 0uk out of europe.
May 16th, 2012 - 02:52 pm - Link - Report abuse 0full stop
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