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Greece 5050 Responses
Last post: 1 year ago | Thread started: May 16, 12, 7:53 a.m.
Out of context: Response #15 [May 16, 12, 7:53 a.m.]
- 2002
The issue of kicking Greece or Italy out is not simply.
They have lied to EU about their debt load and kept borrowing.
Since EU does not have a central monetary policy authority and individual countries pretty much do whatever they want, it is rather ineffective.
Kicking them out will cost so much that it will cripple Germany and France. And so far, those two countries are holding the bags. Greece doesnt really care since they just want to have clean slate.
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