Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: Nickbat on 09 February 2010, 23:41:34
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Greece appears to be going down the economic pan (closely followed by others, it would seem). The question posed is whether the UK taxpayer would have to cough up a bit, even though we're not in the eurozone?
"The EU is inching towards bailing out Greece. It won’t say so openly, of course, because it wants to keep the pressure on the Greek government. But most of the Eurocrats I’ve spoken to this week are starting to get gloomy. Credit Suisse reckons that rescuing Greece would cost €30 billion; and behind Greece stand the other indebted states of the Eurozone’s Mediterranean littoral."
http://blogs.telegraph.co.uk/news/danielhannan/100025539/if-the-eu-bailed-out-greece-would-britain-have-to-pay-its-share/
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Will this turn into a thread as long as the alleged climate change one..... ::) ::) ::)
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break em. >:( >:(
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break em. >:( >:(
definitely agreed.. long live Albs ;D ;D :y
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If we bail them out I want free holidays for the rest of my life.
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if EU didnt helped up to now, still they were only fishing and getting some money from Tourism only..
let them go down the drain ;D
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If we bail them out I want free holidays for the rest of my life.
and free travel ;D :y
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Yeh....the gits have been putting the holiday prices up for 10 years now....let em go down the pan, charity begins at home.
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The problem is that there is a lot of UK money invested in Greece. If it goes pop it will ripple heavily through the UK.
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It isn't just Greece. The rest of the delightfully named PIGS (Portugal, Italy, Spain and Greece) are in real trouble too. Weak economies compared with their North European counterparts.
From an EU economic perspective "supporting" the PIGS makes sense. After all it is only like the rich South East of the UK supporting say the poorer North East.
On a personal note I believe it is quite possible that one or more of the PIGS will have to leave the euro. I selfishly hope that it includes Spain. Immediately it would make Spain a cheap holiday destination. The Spanish econbomy seems to be based on two areas. Tourism (down 10% last year on 2008) and building. It has more empty properties than the rest of the EU put together.
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all tourists welcome ;D :y
and £ is directly accepted here :y
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all tourists welcome ;D :y
and £ is directly accepted here :y
:y yup- looks like turkey again this summer-the golden beaches,stunning coastline, can't fault it ( well ,apart from the scary looking police who are NOT to be messed with ! )
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all tourists welcome ;D :y
and £ is directly accepted here :y
:y yup- looks like turkey again this summer-the golden beaches,stunning coastline, can't fault it ( well ,apart from the scary looking police who are NOT to be messed with ! )
:y :y
ps: police seems like scary but if they are not they cant stop the people.. so really dont mess with them.. but if you have trouble dont hesitate , go ask for help.. :y
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It isn't just Greece. The rest of the delightfully named PIGS (Portugal, Italy, Spain and Greece) are in real trouble too. Weak economies compared with their North European counterparts.
From an EU economic perspective "supporting" the PIGS makes sense. After all it is only like the rich South East of the UK supporting say the poorer North East.
On a personal note I believe it is quite possible that one or more of the PIGS will have to leave the euro. I selfishly hope that it includes Spain. Immediately it would make Spain a cheap holiday destination. The Spanish econbomy seems to be based on two areas. Tourism (down 10% last year on 2008) and building. It has more empty properties than the rest of the EU put together.
I, like many people, think they got in on the basis of some very dubious economic figures, so no surprise here. 8-)
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break em. >:( >:(
definitely agreed.. long live Albs ;D ;D :y
Ive nothing against the Greeks in particular Cem, I would say the same if it were Turkey or any other developed country. ;) ;D :y
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Perhaps Greece will give up its claim on Cyprus and pull out their military to save money! ::) ::) ::)
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It isn't just Greece. The rest of the delightfully named PIGS (Portugal, Italy, Spain and Greece) are in real trouble too. Weak economies compared with their North European counterparts.
From an EU economic perspective "supporting" the PIGS makes sense. After all it is only like the rich South East of the UK supporting say the poorer North East.
On a personal note I believe it is quite possible that one or more of the PIGS will have to leave the euro. I selfishly hope that it includes Spain. Immediately it would make Spain a cheap holiday destination. The Spanish econbomy seems to be based on two areas. Tourism (down 10% last year on 2008) and building. It has more empty properties than the rest of the EU put together.
I, like many people, think they got in on the basis of some very dubious economic figures, so no surprise here. 8-)
I think its entirely possible that the Euro currency will collapse and disappear later this decade, they can only prop it up artificially for so long, closely followed by the whole EU shambles hopefully.
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Perhaps Greece will give up its claim on Cyprus and pull out their military to save money! ::) ::) ::)
Very doubtful imo, and only under enormous pressure from Brussels if it ever did happen
Personally I hope they dont (sorry Cem). ;)
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It isn't just Greece. The rest of the delightfully named PIGS (Portugal, Italy, Spain and Greece) are in real trouble too. Weak economies compared with their North European counterparts.
From an EU economic perspective "supporting" the PIGS makes sense. After all it is only like the rich South East of the UK supporting say the poorer North East.
On a personal note I believe it is quite possible that one or more of the PIGS will have to leave the euro. I selfishly hope that it includes Spain. Immediately it would make Spain a cheap holiday destination. The Spanish econbomy seems to be based on two areas. Tourism (down 10% last year on 2008) and building. It has more empty properties than the rest of the EU put together.
I think the "I" in PIGS is Ireland, not Italy :y
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break em. >:( >:(
definitely agreed.. long live Albs ;D ;D :y
Ive nothing against the Greeks in particular Cem, I would say the same if it were Turkey or any other developed country. ;) ;D :y
cant forget how they behave to us in many situations although we are neighbours.. >:(
and we dont take anything from EU by the way..
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Perhaps Greece will give up its claim on Cyprus and pull out their military to save money! ::) ::) ::)
Greece "must" first of all, give up for its ridiculous war starting 12 mile area around the islands (which also still can be debated where they belong to..) that closes the aegean sea to my country >:( >:( >:(
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Perhaps Greece will give up its claim on Cyprus and pull out their military to save money! ::) ::) ::)
Very doubtful imo, and only under enormous pressure from Brussels if it ever did happen
Personally I hope they dont (sorry Cem). ;)
and truth : they are always using Turkey as a threat to them (which is not) to take money for their military from EU ..