The Greek Bailout - Eurozone Crisis

BBC News: Reports that EU Finance Ministers have delayed giving Greece its expected eight billion Euros bailout. The simple fact is folks is that Greece has not meet its austerity targets, the latest Greek plan to tax property through the electric bill is facing resistance from property owners and the tax collectors. In essence folks you asking a State that does not tax its people to start taxing everyone at a very high rate, also the State in Greece is a major employer, thus the scandal of people retiring when they are in their 50s. The problem with Athens to Dublin is the fact that the EU has a welfare state, you have a growing older population and a small pool of younger workers. Also in the UK the 65 pension age for workers has been axed, thus workers have the legal right to work past 65, thus less job for younger works. The whole contract between the citizen and the state since World War Two is breaking down folks, thus far no grand solution by the EU, or the UK, thus when the Western economies do go over a cliff it will be the rich with the parachutes.