nick venedi

Thursday, 7 July 2011

Euro crisis

I was astonished to hear on Greek television a demand made by the Finland PM who wants Greece and the other country's that are getting the loans from Euro land that they would need to mortgage most of the property owned by the state as a form of a guarantee. The talk in Greece is that the country is slowly losing its independence and there are now questions over sovereighty. I do not think for a single minute that the Greek state does not need to implement reforms to improve systems for tax collection etc but at the same time it is not right that the country is now been told what to do? Is this what European Federalism means? And do the measures involve the poorest members of society having to pay for the mistakes? This cant be right?

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