Greece has 'moral obligation' ...
 

Having been bailed out, absolutley nothing to show or it, and no one else to turn too. It's time to divert the publics attention away from its own internal problems and blame someone else and look for more handouts.

Greece has 'moral obligation' to claim German WWII reparations: PM
http://news.yahoo.com/greece-moral-o...dUcTUA4WzQtDMD

All of that was settled in the talks of 1990 for the German reunification. So it's a dud.:yawn:

Germany should consider saying "Ok, we will just take that off the over 200 Billion we have lent you over the last few years. When will you be making payments on the rest of the money you now owe us?"

I hear Tanke Merkel has pretty deep pockets.

I'm still reading up on this, this is a resource for teachers, it seems to explain the situation fairly well, and matches what I've read on wiki and the Economist
http://www.educationworld.com/a_less...students.shtml

The EU lives!
http://www.telegraph.co.uk/finance/e...itch-deal.html

Until the next crisis! :haha: Still, hopefully the Greek government can squeeze a bit of mileage out of this, although I honestly don't know how long they're going to be able to stay in power, they've just about got away with it this time...I don't think they'll be so lucky next time.
Then, of course, we have the upcoming elections in the UK, Spain and Portugal to look at, with anti-EU and anti-austerity parties on the rise. It's going to be an interesting political year for the EU, quite possibly the year that makes or breaks it really.

Your links doesn't appear to be working Neal :hmmm:

Back on topic:

A dangerous precedent has now been set and other members such as Spain, Portugal, Italy and Ireland must be feeling like Greece has been given preferential traetment.

The Greek electorate are probably disappointed to see that their newly elected government have gone back on many of their pre-election promises regarding a harder line approach to the crisis.

The Greek debt is now over Euros 3 billion and without further austerity measures it is hard to envisage how they will be able to repay.

I fear bankruptcy may be the eventual outcome and a serious financial knock on effect for much of Europe, especially Germany.

Its all boring, we want action, bring down the EU. :03:

Can we have...like...some industry and farms first? So we can feed ourselves after we bring down the EU? :timeout:

Gimme a visa and a nice fat paycheck and I'll feed you :03:

https://fbcdn-sphotos-b-a.akamaihd.n...b4e021ca17b153

What industry in the UK? Or whats left of it.

Hey we got so much food supermarkets are throwing out, yea that's bad.

EU gone, we get our industry back and fishing.

Stock up on bake beans. :)

I guess you don't have strategic reserves, where kilometers of tunnels are filled with canned beef and WW2 era winter clothing.

We got tons of..

https://c2.staticflickr.com/4/3460/3...b58b6dedc6.jpg

Trouble is its dry and tasteless. :har:

This would enplane why our shop shelfs are full of it at discount prices.

I was talking about something like this:
http://veslo.ru/2006/snaraga/tushna/bereza2hot.jpg
Belorussians tend to make good canned beef.

By the way, what Is the size of Greek dept? Would be an interesting comparison against that of Ukraine.