merseymouth wrote:Hello again, I will aim a stone at a single point. The Euro Zone membership was supposed to only available to nations whose economic position made them compliant with the conditions of entry.
Several countries signed up, probably with their fingers crossed, because there was truth in their statement of their financial liquidity,
The result was a series of bailouts, very costly even for the UK which is not, nor has been a part of the Euro Zone. en
A full declaration of the true state of things within the EU will never appear, isn't that reason enough to say enough is enough?
MM
The Greek bailout was nothing of the kind. Read Adults in the Room by Yanis Varoufakis for a fascinating insider's view of Greek entry to the Euro, the so-called bailouts, and the machinations associated with same. Pay the postage and I'll send you mine, if you'll similarly pass it on! (Or anyone else who'd be interested, for that matter)