Print

Please login or register.
1 Hour 1 Day 1 Week 1 Month Forever
Login with username, password and session length

[Bionic]

So, after listening to the news this morning it transpires that those countries who are in serious financial debt and have already taken on bail outs from the EU more than once are to have their debts 50% written off! How in hell can the EU afford to do that?  Have they got bottomess coffers into which they can dip? Where are they getting their money from to allow them to do that? Would I be correct in assuming that they will do the usual UK Labour trick of borrowing it? Why were those countries who struggled to get their affairs barely in order enough to just scrape past the EU entry rules allowed to become members when the writing was on the wall that they would all fail to pay their dues anyway? Who are useless monkeys in the EU that have allowed this to happen? Were any of them UK Euro MP's? Euro MP's, commisioners or whatever other grandiose title they go by should be made to pay the shortfall out of their own pockets and be sacked for their sheer incompetance, or put against the wall and shot would be a better lesson for the future wannabee Euro dictators who turn out to be w*nkers too!
Angry, you bet I am cos I am sick to the back teeth of being ripped off by those we hand power to reneging on their promises to us.
 

[Nickbat]

Where are they getting their money from to allow them to do that?

Us, the taxpayers. 

[albitz]

They didnt juat about scrape through the criteria to join the Euro. They simply didnt meet the criteria at all afaik, but they were allowed to join in for purely political reasons  - empire building. The economic reality was always going to bite them on the arse.
The markets dont do politics.

[blackviper90210]

Can't we just shoot the lot of them JUST because they're liars politicians

[Sir Tigger KC]

Immeadiate withdrawal from the EU is the only answer! Although stay within the EEA (European Economic Area) for economic and trade reasons    It's an approach that dosn't seem to have done the Swiss or Norwegians any harm 

[2woody]

Where are they getting their money from to allow them to do that?

Us, the taxpayers. 

actually - it's only the UK and Germany isn't it - aren't we the only net contributors to the EU ?

[aaronjb]

Where are they getting their money from to allow them to do that?

Us, the taxpayers. 

actually - it's only the UK and Germany isn't it - aren't we the only net contributors to the EU ?

Not according to Wikipedia - http://en.wikipedia.org/wiki/Budget_of_the_European_Union#State_by_state_analysis - though Germany and the UK are the highest negative net benefit.. next comes France, Italy, Netherlands, Sweden, Austrian, Denmark, Finland and Cyprus.. at least based on the Open Europe estimates.