German Greek economic and political relations affected from financial aid part 1

Recents events concerning the economic crisis in Greece and unstable environment of the Eurozone. Possible solutions and an explanation to the German people why Greeks are angry and must be assisted in the form of the so called "assistance package" and how it is to Europe's mutual benefit.

Category:

News & Politics

Tags:

• Germany
• Greece
• insults
• Merkel
• Papandreou
• greek
• economic
• crisis
• Siemens
• seuro
• neuro
• stimulus
• package
• to
• high
• tensions
• unstable
• eurozone
• european
• union
• collapse

[TheGoddessCaroline]

Okay so it's everyone else's fault. Then they have to separate from the European Union instead of taking the austerity plan. They are democratic so it's time to vote. I wish Greece well and stop spray painting Athens already. (I was there last summer and that was sad to see...keep it nice)

[cmorganis]

@TheGoddessCaroline

we want to leave the euro! The loan Germany and France are giving is not for us Greeks dont want anymore loans.... It for Greece to pay debt to German and French banks to keep them alive. If Greece defaults on its loans German and French banks will go bankcrupt. Your Europeans leaders are making you think you are helping Greece..... you are helping some banks to remain alive. We can survive without loans and we have every right to default. LETS US GO BANKCRUPT!

[TheGoddessCaroline]

Some of the rich Greeks need to pay their taxes & that is why this mess exists. If the Greeks are back talking the Germans who are going to pick up the tab until you can afford to pay the financial aid back why should they? . Listen to your comment about the exporting as if they have anything to do with the drop in the Euro. Where is the self responsibility? That was the beginning of the problem was it not. You have had bad policies, time to get your rich to be responsible & stop blaming.

[cmorganis]

@TheGoddessCaroline Are you aware that 93% of Greek debt is accumulated interest and debt amortization? Only 7% of loans to Greece actually went into the Greek economy. Obviously that means that a large part of the loans is a result of outrageous terms of loan contracts. 350 billion debt is not easily created.... If Greeks had actually borrowed 350 bil. we would all be wealthy. Also are you aware of the War loan that Greece gave Germany during occupation? That was never paid back to Greece.

[gohs020858]

And one last thing: European union is not a union of nations but a union of multinational companies. If it wasnt profitable for them to keep greece inside the union then greece would be already out

[gohs020858]

Greece has given many things to the european union:

1.Almost all of the natural greek resourses are being exploited by multionational companies of the european union and not from the greek nation.

2.Greece also imports many of the products that the countries of the north are exporting and so it improves their economy

3.cmorganis is right none is helping greece!THEY RE JUST HELPING THE BANKS TO STAY ALIVE WHILE GREEK PEOPLE STARVE