comradekingu
Glowing ember
Debt-cuts of debt you cant repay, doesnt actually do anything. They cant rebuild in a meaningful way, because they are stripped of that power.
how does cutting your debt about close to 100% not help?Debt-cuts of debt you cant repay, doesnt actually do anything. They cant rebuild in a meaningful way, because they are stripped of that power.
Has there actually been any talk at all of Greece leaving the EU? I've heard talk of them leaving the Eurozone but that's not the same thing as leaving the EU.f greece gets out of the eu, theres no defined protocol how that should be handled, theres no safty net. and there will be no further obligations to actually save greece other than to try and make the last possible profit out of its imminent doo
That might be true, but I wouldn't use or accept that article as evidence for it. That article also seems to confuse the EU with the Eurozone. The article refers to the EU throughout, but as evidence it cites Martin Schulz, in a comment where he was specifically talking about the Eurozone.If they default on the currency, they are done as members of the EU, and also its economic treaties. If they are still allowed to be in schengen they are lucky i think.
Read more here.
i should of been more precise, i meant the eurozone.Has there actually been any talk at all of Greece leaving the EU? I've heard talk of them leaving the Eurozone but that's not the same thing as leaving the EU.f greece gets out of the eu, theres no defined protocol how that should be handled, theres no safty net. and there will be no further obligations to actually save greece other than to try and make the last possible profit out of its imminent doo
I'm curious how leaving the Eurozone would actually work... doesn't changing currency itself cost money? Would they go back to the Drachma, or would they end up with a "Greek Euro" valued separately from the currency used in the other Eurozone countries?
-Neelix