Greece on the Verge of Insolvency? | Made in Germany

The Euro is under pressure: budget deficits spinning out of control,dwindling confidence in the common currency,and a national bankruptcy on the horizon. Criticism is focusing on Greece.It's budget deficit in 2009 is almost 13 percent,and the worst is yet to come. Greece's debt crisis could throw the currency union into crisis. The big question: can the European Union afford to let a member country go bankrupt?
Report by Militades Arsenopoulus.

Category:

News & Politics

Tags:

• Greece
• Insolvency
• budget
• deficit
• national
• bankruptcy
• debt
• crisis
• European
• Union
• EU
• Euro

[RedGoblinus]

The hopelessly corrupt and criminal led European Union project is both Napoleon's and Herr Adolf Hitler's dream come true. The subjugation of Greece by the Frankfurt German Euro banksters is disgraceful considering the fact that Germany owes Greece far more in reparations for war damage than the total current Greek debt.

[yeniceri1015]

@Dafni135 The rest of us would shut up and let you solve your own problems, that is if your government weren't begging the world for money. And no I haven't lived in Greece, perhaps if I did, I too would assume you should live a luxurious lifestyle without working.

Don't tell the world to butt out of your problems if you're also asking them for money to pay your lazy civil servants. Start working for a damned living like the rest of the world, then we'll shut up.

[Dafni135]

@yeniceri1015 I totALLY agree with you but think about it! You think you know everything... yeah try living in greece and then you have the rght to talk because if you knew, you know that the debts started in 1900 so shut up and let us fi are problems. If you don't want to help it's your problem, but don't juge 11 000 000 people if you clearly know only history... :/

[arcadian33333]

Greeks became Europeans...

Now... let's see if you can ever become Greeks...

[tyseibert]

@dejaqwho Couldn't have said it better myself lol however I think North America will probably have the same problem eventually. I'm American and I think we need to get our shit together too. Canada I'm not sure of, I wouldn't know enough to say.

[dejaqwho]

@StellandBlood Greeks are lazy, you dont have the power to stop anything, you are at the mercy of European and North American charity. Never forget that you lazy bums...You dont accept reality. How can a country thats half communism function...it cant you bums. You cant have 2 months hollidays and be ultra lazy and then not accept that your country will be doomed econmically. When you figure that out, stop scapegoating you will be better off. Instead of being lazy, stupid bums.

[kostas3211]

@dejaqwho greeks like any other people in the world start from the low...then saving money you create something else like a biseness dickhead.....and when we had civilization u where waiting the mammoth to shit to build houses! hahahahahhahaha!! im joking for that!

[yeniceri1015]

@StellandBlood I get the point that Greece has been screwed over big time by big game banking and speculators. Outsides only blame the Greeks and Greeks only blame the outsiders. You have to admit Greece itself also had a huge hand in what has happend, not just the government either. Rhetoric about the land Greece currently occupies being so far advanced 3000 years ago isn't reallly an argument. It makes you guys look silly.

[StellandBlood]

@yeniceri1015 I just state facts to some ignorant retards(who only blame Greece while this is a international crisis with source on US banks) who don´t address Greece with proper respect.

[yeniceri1015]

@StellandBlood Are you guys still on that "Ancient Greece did this that and this a billion years ago" Dude wake up, Greeks of today have absolutely nothing to do with the culture or people of the region 3000 years ago. If you did, have any similarities with them, then tell me what Greece has done in the last 1000 years? That is aside from becomming so corrupt and decayed that it was taken over and dominated by a foreign power for hundreds of years.Stop going back 3000 years and fix ur problems.