Eurozone will collapse...
30-08-2017, 20:19
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#1936
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Inactive
Join Date: Oct 2006
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Re: Eurozone will collapse...
Quote:
Originally Posted by RizzyKing
Brexit has been a godsend in that regard for the EU everything has been moved squarely to the back boiler due to brexit and it's allowing some wriggle room but not much and many southern european nations are still circling the economic drain.
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Correct.
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30-05-2018, 10:45
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#1937
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Perfect Soldier
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Re: Eurozone will collapse...
Quote:
Quote from RizzyKing:
Brexit has been a godsend in that regard for the EU everything has been moved squarely to the back boiler due to brexit and it's allowing some wriggle room but not much and many southern european nations are still circling the economic drain.
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Looks like Italy is closing in on the plug hole:
Quote:
Quote from The Sun:
Brussels was yesterday blamed for Italy’s political crisis which threatened to bring down the Eurozone.
Shares and bond markets plunged after Italian President Sergio Mattarella vetoed the appointment of a Eurosceptic finance minister in a new anti-establishment coalition.
The coalition partners, populist 5-Star and far-right Lega Nord, claimed Eurocrats were behind the move and pointed the finger at Brussels.
It came as a gauge measuring the likelihood of the debt-ridden nation leaving the Euro jumped to 11.3 per cent from 3.6 per cent in April.
Amid the turmoil, the Euro crashed to a six and a half month low against the Dollar. And European commissioner Guenther Oettinger intensified anger by saying the crisis would teach Italians not to vote for populist parties next time.
5-Star called for him to resign and said it was a glaring example of the “obvious manipulations that Italian democracy has suffered”.
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__________________
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However history will change with my coronation - Mariemaia Khushrenada
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30-05-2018, 14:12
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#1938
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Rise above the players
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Re: Eurozone will collapse...
Quote:
Originally Posted by heero_yuy
Looks like Italy is closing in on the plug hole:
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I am seriously concerned about more bail-outs becoming necessary in the near future. Just as well we are leaving this dreadful club, in my opinion. Why some people want to remain wedded to this calamitous organisation is really beyond me.
The financial ruin lies in continuing membership of it, not Brexiting as many remainers believe.
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30-05-2018, 14:41
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#1939
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nashville
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Re: Eurozone will collapse...
Sooner we are out the better,
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30-05-2018, 15:15
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#1940
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cf.mega poster
Join Date: Jul 2004
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Re: Eurozone will collapse...
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30-05-2018, 17:16
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#1941
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Rise above the players
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Re: Eurozone will collapse...
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30-05-2018, 17:16
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#1942
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Inactive
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Re: Eurozone will collapse...
Quote:
Originally Posted by Carth
What's the Italian for "we could spend that 4000 million euro on the NHS" ?
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Lol, last year (just before the previous government looked about ready to collapse), all their public transport employees went on strike:
https://www.thelocal.it/20170706/ita...s-train-strike
So I am sure that there is a massive bus somewhere laying dormant that someone could plaster it on the side of....
Last edited by Chloé Palmas; 30-05-2018 at 17:25.
Reason: Add in quote from Carth...
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