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Thread: Greek crisis

  1. #1
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    Scotland

    Default Greek crisis

    The best advert yet for NOT joining the Euro.

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  2. #2
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    England

    Default Re: Greek crisis

    What's happened?

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    Default Re: Greek crisis

    It's not been bad for all Euro countries. In fact it's been really good for France.

    It's also been excellent for us personally. With our income being paid in American dollars, we've done really well out of the Greek economy collapsing.

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  4. #4
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    Default Re: Greek crisis

    How has it been good for France? I can see how it might not be as bad for France, but it can't be good for any country in the Euro Zone.

    Ck, the Greek economy is basically bankrupt, and the Euro Zone countries are having to bail them out. Germany is bearing the brunt, and the taxpayers there are up in arms about it. It's not come to it yet but the worst case scenario is Greece pulling out of the Euro and reinstating the Drachma.

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    Default Re: Greek crisis

    Yes it can be good for other euro countries. France is self sufficient so doesn't rely heavily on imports. They export huge amounts though (wine, cheese, etc), so a weak euro is good for them. For euro countries that don't export much, but need to import, it obviously isn't so good for them. Tourism wasn't really down because although France relies on tourism as well, a huge amount of it comes from other euro countries so the weak euro didn't effect it that much.

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  6. #6
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    Scotland

    Default Re: Greek crisis

    OK, thanks for the explanation.

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  7. #7
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    England

    Default Re: Greek crisis

    Thanks Timey.



    Would Greece have gone bankrupt even if they weren't in the Euro?

    I heard on the radio that it's common for Greeks to do cash in the pocket type jobs, and that even doctors are at it. There's probably a heck of a lot of cash stuffed under mattresses

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  8. #8
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    Default Re: Greek crisis

    I'm not sure. They might have but I think they thought they would be bailed out so maybe they took more risks than they would have. I'm not sure though.

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  9. #9
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    Great Britain

    Default Re: Greek crisis

    The only Greek crisis I'd be worried about is the lack of kebabs.

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  10. #10
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    Default Re: Greek crisis

    You can have Turkish ones, it's a Turkish food anyway. The only reason the Greeks have them is because they were once ruled by Turkey.

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