There was an article in the paper this morning about the people of Greece being given the choice to accept another EU bailout. It mentioned that a lot of Greeks would rather drop out of the Euro and become bankrupt!
Surely if they did decide to go bankrupt all the money the other countries have already lent them would be lost. And if they did accept the bailout putting Greece in (i think) an excess of 1 trillion euros!! For a country like Greece I can't see them ever being able to pay of 1trillion in debt. So why does the EU keep chucking money into a black hole??
Surely if they did decide to go bankrupt all the money the other countries have already lent them would be lost. And if they did accept the bailout putting Greece in (i think) an excess of 1 trillion euros!! For a country like Greece I can't see them ever being able to pay of 1trillion in debt. So why does the EU keep chucking money into a black hole??