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Greece needs to leave the Euro. The currency doesn't work. No currency union has EVER worked. There must be fiscal and political union first. The rich areas need to accept transfers of wealth from them to the poorer areas. This is what happens within the U.S. and here. This is a huge...

But if they get it 'wrong; will the EU ask them to have another referendum until they get the 'right' answer. There is no democracy within the EU. It's a complete shower of sh*t. It's original purpose has been lst, but IMO, it is viewed as one step towards ever more powerful but remote...

I can sympathise with what you are saying. But, some of the countries which have lent money to Greece are poorer than the Greeks. Countries like Moldova can ill afford to lose money when Greece defaults. I knew a Greek girls a few years ago when she was in the UK studying at Brighton Uni...

This, to me, is symptomatic of what is wrong with modern free-market economies. The wealthy use their influence to avoid paying their fair share of taxes, and the politicians make promises to secure power paying for things on the never, never. It's rife through the western economies, it's not...

The ramifications if this does end up with a GREXIT are serious for the world economy. The financial amounts involved in Greece aren't the issue; it's the realisation that the Euro is actually an enhanced currency union, which will then be tested on the weaker states. Whatever the final...

The view from several financial websites that I read. For example, FT, zero hedge, telegraph, all with differing slants, but the overriding view is that the rise of political parties, in countries undergoing austerity, who are opposed to the EU and the doctrine being handed down, stops the...

Yes, with their GDP shrinking, their debt ratio is increasing even more. They may even be in budget surplus, but I'm not sure on that point. The view on Greece seems to be that if they get away with softened terms, then this will empower the other Southern countries to seek better terms and...