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EU calls euro membership ‘irrevocable’ but renegotiable
Associated Press ^ | Jan 5, 2015 10:25 AM EST | Raf Casert

Posted on 01/05/2015 7:28:29 AM PST by Olog-hai

The European Union’s executive Commission said Monday that membership in the euro bloc is “irrevocable” but left it open to what extent Greece could renegotiate the terms after elections on Jan. 25.

Greece’s left-wing Syriza party leads the polls ahead of the elections and is in favor of changing the conditions of the country’s international bailout deal. That would likely anger the rest of the eurozone, which has given Athens the bulk of the rescue loans. […]

EU spokeswoman Annika Breidthardt said Monday that if the Greek elections call for a need to reconsider the conditions of Athens’ membership within the 19-country eurozone, “we will deal with that once the Greek voters have cast their verdict.”

At the same time, she insisted that a full exit by Greece was not on the cards since the euro rules say “membership is irrevocable.” …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: alexistsipras; austerity; bailoutloans; countdown2war; eu; eumembership; eurobanking; europeanunion; eurozone; eussr; greece; independence; nato; secede; secession; syriza; tyranny

1 posted on 01/05/2015 7:28:30 AM PST by Olog-hai
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To: Olog-hai

Interesting....Like a web...


2 posted on 01/05/2015 7:30:05 AM PST by Sacajaweau
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To: Olog-hai

I wonder how many Europeans knew that anything they ever voted for led to irrevocable membership in an organization that’s in slavery to German banks.


3 posted on 01/05/2015 7:45:53 AM PST by grania
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To: grania

Too few European citizens got to vote for it. It was just rammed through by their own governments for the most part.


4 posted on 01/05/2015 7:47:40 AM PST by Olog-hai
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To: Sacajaweau

The Black Hole of the EU

... consumes everything, including freedom


5 posted on 01/05/2015 7:58:14 AM PST by canuck_conservative
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To: grania

I wonder how many Americans knew that adopting the Constitution was “irrevocable?”
Esp. since several states stated specifically to the contrary in the articles in which they adopted the Constitution!
Stuff like this has a high potential for creating a civil war.


6 posted on 01/05/2015 8:04:29 AM PST by Little Ray (How did I end up in this hand-basket, and why is it getting so hot?)
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To: Olog-hai

If Greece votes to leave the EU what’s the EU going to do about it? Invade?


7 posted on 01/05/2015 8:49:05 AM PST by MeganC (It took Democrats four hours to deport Elian Gonzalez)
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To: Olog-hai

“Irrevocable”- does that mean Brussels is going to send troops if Greece withdraws? Somehow I don’t think it is that “irrevocable.”


8 posted on 01/05/2015 8:50:47 AM PST by arthurus
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To: Olog-hai; MeshugeMikey

Back the in the EUSSR!


9 posted on 01/05/2015 8:50:52 AM PST by a fool in paradise (Shickl-Gruber's Big Lie gave us Hussein's Un-Affordable Care act (HUAC).)
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To: Olog-hai
Americans generally do not recognize the complexity of the "EU". Wiki has some interesting diagrams, here is the latest:

FYI, the wiki site has a clickable Euler diagram showing the relationships between various multinational European organizations and agreements.

It is possible for Greece to exit the Euro while remain in the EEA, Schengen (security zone), BSEC, EEA, EU and EU customs......

10 posted on 01/05/2015 9:28:25 AM PST by 11th Commandment ("THOSE WHO TIRE LOSE")
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To: 11th Commandment

Guam?


11 posted on 01/05/2015 9:54:57 AM PST by EQAndyBuzz (I'm from the Soylent Corporation and I am here to help.)
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To: EQAndyBuzz

GUAM Organization for Democracy and Economic Development


12 posted on 01/05/2015 10:05:37 AM PST by 11th Commandment ("THOSE WHO TIRE LOSE")
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To: Olog-hai

“irrevocable”

And that would be even more reason NOT to join it.


13 posted on 01/08/2015 8:11:56 AM PST by rfreedom4u (Do you know who Barry Soetoro is?)
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To: 11th Commandment
This may help The European Union Explained (video)
14 posted on 01/10/2015 6:11:54 PM PST by Salman
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15 posted on 01/25/2015 12:11:31 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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