The Bail out could be illegal

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
11/02/2010 22:09

Accordind to Lord Lamont the former consertative chancellor, speaking on BBC Radio 4 claimed that Greeces vanity and credibility will be affected if its to be an IMF bailout. An EU bailout is illegal inder the Maastricth (DC hope this is right) treaty and the EU will have to find a way around it. He then went onto say that the Eurozone os a monetart union without an economic union. Will Greece care as long as they get the money xx

BillyB


Joined: 19/05/2008
Posts: 436

Message Posted:
11/02/2010 22:15

I think MFI have enough financial problems of there own without giving Greece free furniture packs!

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
11/02/2010 22:16

Where there's a will , there's a way. They'll change the law if necessary to help Greece.

racoonchic



Joined: 17/11/2008
Posts: 3223

Message Posted:
11/02/2010 23:07

greece seems to be slipping away eh

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
11/02/2010 23:36

they gained entrance illegally , they never declared theyre true deficite, they knew this would happen ,and also knew once in ,not a thing any one can do about it ,they owe to much

Joe Soap


Joined: 17/10/2008
Posts: 170

Message Posted:
11/02/2010 23:38

I must take issue with you Bill in message 3.



You don't have to change the law. Just apply an EU interpretation and you get the answer the EU and the Greeks want. Abra.... cadabra



Apologies for the sarcasm.

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
11/02/2010 23:52

Should be on Newsnight tonight then,

Paul.

donga


Joined: 01/04/2009
Posts: 272

Message Posted:
12/02/2010 00:11

I heard that the reason Greece was massively in debt was cos the Glazier brothers had bought em.

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
12/02/2010 00:13

paul when you get home let us know, we rely on euor news and bbc xxxxx

jimmy


Joined: 15/09/2008
Posts: 251

Message Posted:
12/02/2010 00:46

Newsnight !!!!!!..........................



Did you know that to go on Newsnight you get grilled by questionnaire weeks before hand before being let on & every question asked is pre planned & vetted / watered down. The show isn't live as they make out & is filmed over 2 to 3 hours prior to being edited down to fit the time slot.

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
12/02/2010 01:37

Lilli,

Top billing on newsnight, there all sticking together on this one.Greece will be bailed out.The general feeling is that has its a European union if any country has fiscal problems then the rest of the member states should band together and help out the country that has a problem.That does not include u.k. as we are not in the euro.Good old Gordon,

Paul.

hds.trnc


Joined: 26/05/2009
Posts: 175

Message Posted:
12/02/2010 04:21

please forgive my ignorance, will this affect cyrpus..i imagine financial or at least resources are provided by greece in support of cyprus...? hope this makes sense....

norman

jimmy


Joined: 15/09/2008
Posts: 251

Message Posted:
12/02/2010 05:27

I meant Question Time in post 10 & not News Night - apologies

ricky


Joined: 26/01/2009
Posts: 294

Message Posted:
12/02/2010 16:34

MAASTRICHT, lilli

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
12/02/2010 16:47

sorry ricky xx