Tuesday, February 07, 2012

Greece Exiting the Euro?


BBC News: Reports on split views coming out of the EU, on one hand that Greece should stay in the Euro, on the other that Greece leaving would not affect other Euro Countries. Lets get real here folks, the EU is adding further austerity as to get Greece to walk out of the room, then they have clean hands, the article notes that the EU wants further spending cuts and labour market reform, already Greece has a General Strike, the people are refusing to pay new taxes and people are taking their Euros abroad. This can only end badly for Greece, its just how much its hurts the EU and the Euro.

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