Posted on 06/28/2015 12:16:36 PM PDT by Berlin_Freeper
German leaders right and left unleashed a barrage of criticism at Greece Prime Minister Alexis Tsipras on Sunday for rejecting an offer that could have unlocked rescue funds to resolve the debt crisis.
Chancellor Angela Merkel's allies and the leaders of her centre-left coalition partners condemned Greece's leftist government, reflecting pent-up public frustration.
Germany is the biggest European contributor to the bailout programmes that have kept Greece afloat for the past five years. Opinion polls now show a majority of Germans want Greece to leave the euro zone.
(Excerpt) Read more at in.reuters.com ...
Let Greece crash and burn. This charade is more about Eurozone face-saving than Greece’s future. The Eurozone was doomed from the start. It was always just a matter of time, a time which has arrived.
And, I believe, they are determined to repudiate their debt and start over.
Just like we will someday do.
Sometimes the debt is just tooooo big to pay.
What’s your personal take on this? Are the Greeks as stupid as they seem or is something else going on? (I just figure you know more about it than most Freepers.)
I don’t know a lot about this, so please excuse a question.
What if Greece simply said it was going back to being an independent country ... (started its own drachma currency again, etc.)? ...
If Greece went their own way then they couldnt afford to retire at age 45 anymore. Which is something the EU is trying to deal with them now.
I see.
Well, if they went back to their own currency....they could then try to keep retiring at age 45...and it would either work out, or not....without dragging Germany or other countries (down?) into it.
People (and nations) tend to behave more responsibly when they are paying their own bills...
just thinking...
I’m glad I had a chance to visit Greece before it was owned by Germany!
We have the same situation in the US.
Thanks Berlin_Freeper.
Personally, I am not opposed to any country leaving the EU.
Good luck to them.
Deutsche bank is holding over 57 TRILLION dollars in Credit Default Swaps related to Greek Debts.
Ripping that bandaid off is gonna hurt.
Greece, which may default on an International Monetary Fund debt repayment due on Tuesday after talks with creditors broke down, owes its official lenders 242.8 billion euros ($271 billion), according to a Reuters calculation based on official data, with Germany by far the largest creditor.
yes, understood.
all European nations somehow survived for a very very long time without being part of a EU
(Greece especially)
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