I'm amazed that nobody is talking about this on here. Greece was (illegally, as I understand it) bailed out to the tune of 110 billion Euros last year. One year on and the Greek economy is practically non-existant, Germany are not keen on another bail-out and there is the distinct possibility that the Euro will fail. The European Central Bank has no money - it can print some or we can bail it out, or it can fail. If the Euro fails the European Union will likely fail and the result will make the credit crunch look like a tiny economic blip.
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Greece, the Euro Zone and Germany - will the Euro fail?
77 replies
Callisto · 17/06/2011 16:16
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