European Commission Vice President Neelie Kroes told a Dutch newspaper that there would be "absolutely no man overboard" if Greece left the euro.
..."What's a man overboard?" Mrs Kroes told the Dutch newspaper Volkskrant. "It's always said that if you let one country get out, or ask it to get out, then the whole structure collapses. But that's simply not true.
"The Greeks have to realise that we Dutch and we Germans can only sell emergency Greek aid to our taxpayers if there's evidence of good will."
...There has been growing speculation that eurozone leaders are preparing the way for a Greek exit from the single currency.
"It would take a true optimist to expect the Greece's fiscal difficulties will start to improve once its second bailout is agreed," said Dutch bank Rabobank in a research note on Tuesday.
"For [eurozone] politicians it is not necessary sympathy with Greece's position that is keeping Greece in [the euro], but rather the potential for the Greek crisis to deal the rest of [the eurozone] an enormous blow through contagion, that is underpinning support to maintain the status quo."
Debt write-off
Fears have most recently focused on Portugal, whose government is rumoured to be sounding out lenders about a restructuring of its own heavy debtload.THE CAREER POLITICIANS AND BUREAUCRATS RUNNING THE EU HAVE KNOWN THAT GREECE WOULDN'T MAKE IT A LONG TIME.
ALL THAT WE'VE SEEN FOR THE LAST 6 MONTHS IS A CHARADE - AN ATTEMPT BY THE EURO-SOCIALISTS WHO CONSTRUCTED THE FIASCO KNOWN AS THE EURO-ZONE TO HAVE A SOFT-LANDING.
WE SHALL KNOW VERY SOON IF IT WILL WORK...
4 comments:
PREPARING THE PUBIC!
Tweezers or wax? Either way we all get to hurt!
Hi Reliapundit.
I for one feel really bad for the Greek people, yes i know it's their Gov policies, but it's the man in the street who's paying for their leaders and bankers.
See:
http://feedproxy.google.com/~r/KeepTalkingGreece/~3/xvQRyfHTDKI/
eff the greeks;
they've been sucking the teats of govt for decades and not producing anything in return.
what... now they expect hard-working people to pay for their sloth!?
bullshit.
besides
they will be better off out of the euro.
THANKS OLD RIGHTIE
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