Eurozone sets bail-out terms as Portugal fears increase

[Gerald]

European leaders have agreed a restructuring of a financial bail-out fund that they hope will resolve the bloc's debt crisis.

Eurozone ministers bowed to German demands to renegotiate the time-frame for contributions to the massive fund.

But the deal was overshadowed by concerns about Portugal and a growing row that the UK may be forced to contribute to a financial bail-out.

Portugal says it does not need aid, but many analysts say Lisbon is in denial.

The eurozone debt deal follows months of negotiations.

http://www.bbc.co.uk/news/business-12858207

Note: 25 March 2011 Last updated at 10:25 GMT

[danlisa]

"Can you imagine how absolutely furious British voters would be if it turns out that the British taxpayer has to continue contributing to the bail-out of euro countries, even though we are not a member?"

About sums it up.

[Skybird]

Who pays the lion's share? The stupid people in the stupid republic of Germany.



Germans own fault. They voted for those oparties, politicians and thus: policies costing them billions and billions and then: more billions.

Stability pact? Gone. Prohibition of some nations bailing out other nations? Gone. Maastricht criteria? Gone. Indepedence of the ECB? Gone. Healthy economic management reason? Gone. Self-Responsibility? Gone.

Transfer-Union? Nothing else than right that is left!

To hell with this bloody EU mess.

[Gerald]

I am pleased that Sweden, like the UK does not have €

[Rhodes]

Originally Posted by Vendor

Portugal says it does not need aid, but many analysts say Lisbon is in denial.

Oh, we are in denial a long time ago...

[Penguin]

Originally Posted by Vendor

I am pleased that Sweden, like the UK does not have €

At least you live in a democracy where you are asked...
I hope for our british and swedish friends that you stay this smart.

How is the mood about the Euro in Sweden at the moment? I thought that there are less pro-Euro voices today than when you had the referendum. I was a little shocked when I read the polls during last years election, that there still are so many people in favour of the Euro. Maybe the financial crisis and bailout madness changed the mood a little.

[Gerald]

Originally Posted by Penguin

At least you live in a democracy where you are asked...
I hope for our british and swedish friends that you stay this smart.

How is the mood about the Euro in Sweden at the moment? I thought that there are less pro-Euro voices today than when you had the referendum. I was a little shocked when I read the polls during last years election, that there still are so many people in favour of the Euro. Maybe the financial crisis and bailout madness changed the mood a little.

The Swedish economy is strong, according to statistics, the strongest in the EU, one that I read earlier, and very few want the € instead of the SEK I do not want to replace nor

[STEED]

If Portugal goes under we in the UK will have to fork out £3.2 billion and Spain is not looking good. I'm bloody sick and tied of this stinking corrupt vile EU.

These mother *******ers can not balance there own bloody books! How many years has it been 13, 14 or is it 15 years and no one will sign off there books, why? There is no one corrupt enough to do the job.

BURN IT HELL EU.

The people of Europe do not need the EU.

[Skybird]

Originally Posted by STEED

The people of Europe do not need the EU.

We do need a system of cooperation and balancing amongst European nations, due to us being challenged in the World by China, SE Asia, and Southanerica - with the exception of export-heavy Germany, no nation in Europe has the ability and potential to survive the econmic and ecologic infight of the forseeable future.

Point is that while we need a sysstem of cooperation, we do not need such a system to be thnat corrupt and shabby design the contemporary EU has been tunred into over the past 20 years.

The fight between those wanting a functional cooperation, and those wanting a European federal state replacing the national states and amassing all governing power in Brussel, is old, it is 40 years old. But not before the wall came down and Germany became indepedent again, not before the French insisted that the price for this Germany shall be the premature installation of a common currency (with the idea to put this new Germany already in chaisn again by making it responsible and paying for the others), those wanting the European federal state decame dominant.

I do not condemn the EU becasue I am in principal against any union. I condemn it becasue it was distorted into what it is right now, and becasue the bad and the sub-standard becomes the new rule by which all others run, and becasue of the tyrannic structure of the decison-making hierarchies and mechanisms, the corruption, and the naive denial of reality if it stanbds in the way of these people'S mind.

The EU must be destroyed in oder to allow space for the creation of a better union and that would necessarily have more similiarities with the former ECC than with the heap of stinking brown stuff the EU is now.

But do not be mistaken: in a world with more rvials than ever, with shortening rssources and globalisation hzaving shrinked the distances between the world'S primary and secondary players, one European nation by itself - in the long run is nothinmg, and will get drowned by the flood's waves breaking over it.

I am not against a union in principal. I am against this anti-reasonable stillbirth the modern EU has been perverted into. Disasters like the Euro-currency, the transfer-union and the Islamophilia and disconnected-from-reality political correctness and opinion tyranny and self-imposed censorship of free thought not even mentioned - these all make it just even worse.

[STEED]

Started off as the common market which became the EEC and in turn that became the EU. We don't need this bloated pig throwing its weight around the place like some gangland thug. I dread what the EU will become sooner or later.

[Respenus]

The following few links will bring your piss to a boil, I know it did mine. For the first time I can honestly say that further integration will be the noose around EU's neck. The "six-pack on economic governance" and the "pact for the euro" in order to increase competitiveness will be the social undoing of Europe and the only thing we will have left will be dumbfounded politicians asking "Why of why do people vote for the extreme right"? I hope I'm wrong...please prove me wrong.

On the economic measures and on the backdoor control of national economies.

I'm still pro-EU, as far as general support can go, as I still consider that in the end, I profit far more than I lose. That is, until know and my specific and diffuse support for the project is growing thin. I can accept liberalisation to a point, then it's just pandering to the financial markets. Instead of standing together and saying "Well, screw you!", our leaders have quietly bowed down to the rating agencies and said "Why yes, our citizens can take it up the proverbial hole, we'll just stand next to you and watch. Oh, a word of warning. We've already been there and it's not pretty". Make of my comments what you wish, I'm just waiting for the revolt now. Probably not going to get it. As we have lost the opportunity in 2008 to do something, so we will now. May Schuman and Monnet be with us!