nick venedi

Sunday, 8 March 2015

Greece and the Euro, the saga goes on.

Seems that the German Finance Minister has been told to change the tone he is using when referring to the crisis around the Euro and Greece as his last statement says that Grexit from the Euro is out of the question and that Greece belongs to the Euro? I thought he had nothing more to say when he got angry last week but hey that was last week! He should stick to eating sausages for breakfast and calm down.

The reality on the ground in Greece is that people are not prepared to see young children having to stand in line outside soup kitches in Athens or Thesaloniki so that the Euro can be saved. The project was imposed on the 17 too soon without fiscal union and that was a huge mistake. The ECB should either buy the Spanish and Greek economies out or take the risk!

Nick Venedi

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