Well re (2) that's the thing that's not clear to me: How much of a role has Germany played? Yes did read the comments.
Some people claim the German banks have manipulated the Euro knowing it would harm Greece (or not caring)
The EU interfered with the IMF loans. But it also set a 30 year limit on repayment and after that loans will be written off.
And Greece cooked it's books, and seemingly doesn't want to reform. They also have had massive corruption for ages. Still it's a fellow EU country so why should that count for?
If leaving the Eurozone is better, perhaps that should happen. But (3) it may have a knock on effect on the Euro value, I suppose the whole EU zone ends up paying for it. Maybe that's what all the hassle is about. It can also risk splintering the EU but maybe an easier EU with no Euro membership is what's needed now.
But flippancy aside perhaps buying Greek products is what we should do?
Re (1) the result is the same as (4) ... the UK left seems to be even worse off ATM :/
Well re (2) that's the thing that's not clear to me: How much of a role has Germany played? Yes did read the comments.
Some people claim the German banks have manipulated the Euro knowing it would harm Greece (or not caring)
The EU interfered with the IMF loans. But it also set a 30 year limit on repayment and after that loans will be written off.
And Greece cooked it's books, and seemingly doesn't want to reform. They also have had massive corruption for ages. Still it's a fellow EU country so why should that count for?
If leaving the Eurozone is better, perhaps that should happen. But (3) it may have a knock on effect on the Euro value, I suppose the whole EU zone ends up paying for it. Maybe that's what all the hassle is about. It can also risk splintering the EU but maybe an easier EU with no Euro membership is what's needed now.
But flippancy aside perhaps buying Greek products is what we should do?
Re (1) the result is the same as (4) ... the UK left seems to be even worse off ATM :/