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 Will the Euro survive, Yes or No

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willowsend
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PostSubject: Will the Euro survive, Yes or No   Fri Jul 22, 2011 2:15 pm

First topic message reminder :

[size=150:1io4w701]Bulgaria has decided to 'indefinitely' delay talks to join the euro

Read more: [You must be registered and logged in to see this link.] ... z1SprYWTm7

Where does this leave the Leva being pegged against the Euro I wonder
Please read the bit about "
Things are so bad even Bulgaria won't join"
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Blink
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PostSubject: Re: Will the Euro survive, Yes or No   Fri Aug 03, 2012 12:04 pm

Strangely, everyone except the Spanish can see what a dire mess they are in. The Spanish Government are in complete denial that they have problems. They continue to build houses, as if its the boom years. The Spanish banks that needed a bailout continue to lend money to build more houses. The benefits and pension system are far superior to the UK, even after they have been frozen or reduced in the last austerity measures, but they still moan its not enough. They keep building massive shopping centers, where most shops stand empty. As for the Murcia Region, its entirely there own fault. Murcia got involved in the privately financed Corvera airport which has yet to open and the consortium behind it can't meet loan repayments. Murcia acted as the guarantor for the financing, and will become responsible for an airport that may never open and the 200 million Euro loan repayments when the consortium defaults.
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speedgunner
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PostSubject: Re: Will the Euro survive, Yes or No   Sat Aug 18, 2012 9:49 am

The Euro will survive as it will not be allowed to die.The reason I say this is that a econmic melt down will ensue for the world as wether we like it or not this currency has been invested in by many countries and this includes America and Britain. Just think about it if the Euro becomes a valueless currency all the businesses that are tied up to it and investors who have thier money linked to it.No it will survive come hell or high water for these reasons.
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