Guardian: Reports that German Chancellor Angela Merkel has stated that Greece might not be saved from a economic crash and default. What is interesting folks is that the German Chancellor is still pushing for a Federal EU, with Brussels in charge of the Budgets of the Eurozone, in theory interesting discussion, try telling Paris they cant do something, see how long that idea lasts, a second, if Greece does default then it’s a new game folks. Also it looks like the Socialist Candidate will win the French Presidency, and that Party has stated it wants new talks on the new Eurozone Treatiy. If Greece falls this will call in to question, Portugal, Italy, Ireland and Spain, banks in France and Germany will need to be bailed out, a federal EU is the last thing EU leaders should be thinking about, they need a workable plan to save Greece, otherwise like Obama a lot of hot hair.
Wednesday, January 25, 2012
Greece and the EU
Guardian: Reports that German Chancellor Angela Merkel has stated that Greece might not be saved from a economic crash and default. What is interesting folks is that the German Chancellor is still pushing for a Federal EU, with Brussels in charge of the Budgets of the Eurozone, in theory interesting discussion, try telling Paris they cant do something, see how long that idea lasts, a second, if Greece does default then it’s a new game folks. Also it looks like the Socialist Candidate will win the French Presidency, and that Party has stated it wants new talks on the new Eurozone Treatiy. If Greece falls this will call in to question, Portugal, Italy, Ireland and Spain, banks in France and Germany will need to be bailed out, a federal EU is the last thing EU leaders should be thinking about, they need a workable plan to save Greece, otherwise like Obama a lot of hot hair.
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