Because they had massive amounts of debt to fund a lifestyle their economy didn't allow.As in Ireland a small number of powerful people in Greece made reckless decisions which bankrupt the country.
Even though it was in a much worse situation than Greece in 2010 Ireland has made some recovery.
Greece is still bankrupt and will be all over the headlines soon again looking for more help from its mostly poorer neighbours.
Brexit will result in African and South Asian immigration.And yet leaving the EU won't make much difference give the level of immigration from outside the EU. Lunacy, stopping French people when the poster boys for the failure of multiculturalism is more likely Pakistani's.
Noonan is a nuclear traincrash - mass economic slaughter with toxic after effects going on for decadesIf countries had stood by Greece instead of kicking them when they were down, led by Noonan and Ireland, perhaps Brexit wouldn't have happened.
Just think about that.
That. +1Stop that moaning, put on a green jersey and go looper about grown ups playing pass the peanut. Do as the media instruct.
Spend the money who have not yet earned, on junk you do not need, & experiences that increase you sense of illusion, to impress freinds who are just as terrified for the sake of a fitting in construct that is simply never worth the effort and only makes you miserable eventually.
Two accidental leaders in the one room.Comment: Exhausted May was with us in body - but not in mind - Independent.ie
Noticed the same a bit myself. I wonder if she has the stamina for what is ahead of her. Seems more of an accidental PM to me.
Inflating public service salaries was the biggest faux pas HERE and it is on the agenda again. When will ANY government stand up to PS unions on our behalf?Because they had massive amounts of debt to fund a lifestyle their economy didn't allow.
We had a sensible economic model. However, a housing bubble due to PD economic policies, FF populism, spoofing bankers who owed their job to pull and the nexus of all the above FG cheering them all on.
If it's irrelevant, why did you bring it up in post 44?Irrelevant. No. One. Else. Was. Willing. To. Loan. Them. Money. Get it? Furthermore the Germans gave them money with the prospect they might not get it all back.
But of course, Poles, Irish, Czechs etc. are only superficially different to Brits and are contributers to UK society. Britain spent 40 years greedily importing cheap labour from former colonies, knowing full well that these people were of primitive cultures and would never become European and abandon their native ways, the result is the London police now have to deal with 'culturally sensitive' issues, forced marriage, incest, cutting up kids genitalia etc. None of those headaches come with your fellow Europeans, yet the axe fell on them none the less.What has caused a lot of outrage is that the media here kept saying the result was close. It wasn't not in "British" areas....
Substantial parts of Britain's cities, especially London, have large immigrant populations. Over 50% of London's population was born outside the UK. That, and that alone, almost changed the referendum vote and its scared us to the core.
We need to have a sensible debate in Britain about immigration. At the moment UK passports are handed out like smarties and despite what many say, its not even just a racial, or religious issue now. Many of the new British citizens are white and speak Polish, or Czech etc
The numbers are now overwhelming and our infrastructure is coming under severe pressure.
That is what Brexit is all about.
No it wasn't.Inflating public service salaries was the biggest faux pas HERE and it is on the agenda again. When will ANY government stand up to PS unions on our behalf?
I'd put it down to her caution, just taking small steps not addressing the main issue.If it's irrelevant, why did you bring it up in post 44?
So, I'll ask you again, How much money did Germany give/loan to Greece?
Your first sentence "No. One. Else. Was. Willing. To. Loan. Them. Money." is complete and utter nonsense, but I'm sure you know that already.
Check your facts before you post up such nonsense.
The reason Merkel continues to put the boot into Greece is a purely political one.
Elections are looming....
If we had leaders that backed the decision of the people (similar to what British leaders are doing) when we voted against NIce 1 and Lisbon 1 Treaties, the European Union would still be in tact and not riven asunder by the antics of International Financial Buccaneers and their political backers.If countries had stood by Greece instead of kicking them when they were down, led by Noonan and Ireland, perhaps Brexit wouldn't have happened.
Just think about that.
The UK Chancellor of the Exchequer George Osborne even disagreed with Geithner, the ECB and the EU Commission that the Irish should rescue the bank bondholders.Hi! The convention to establish a Constitution for Europe was set up following a declaration made in Laeken in 2001. The background to when the Constitution was first formulated has change utterly. The EU and the Capitalist World are now in financial turmoil. The neoliberal free-market ideology model imposed on a rapidly aging EU society is not working. The Lisbon Treaty (TLT) is a near clone of the Constitution for Europe and does not address the problems confronting us as we approach the second decade of the 21st Century. It’s a treaty for another time, now gone!
Measures should be taken to reduce Greece's debt, they can't do it alone.An utterly irrelevant measure. Greece's debt is 180% of their GDP and shows no sign of decreasing that ratio. Ireland is down to 75% and dropping at a strong pace.
But, having Greece on it's knees makes for great political capital for the likes of FFG and Merkel's gang......Measures should be taken to reduce Greece's debt, they can't do it alone.
We are supposed to be an exclusive club, so lets start acting like it, having a porr struggling member is not good for the club as a whole.
ehh, got a owld source to back up that little tidbit?An utterly irrelevant measure. Greece's debt is 180% of their GDP and shows no sign of decreasing that ratio. Ireland is down to 75% and dropping at a strong pace.
Debt as % of GDP 80.76%