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Do you mean Romania or Bulgaria? They are the countries that are close to all of the 3 countries you named.
Yes. Especially Bulgaria. The Greek-news will make sense only in the Eurozone, since it affects the countries using euros (Framce, Germany, etc.) but the topic seems to be very popular in the UK, as Farage and his party are trying to twist the story to fit their agenda (e.q.: "you see, the donations didn't help Greece, hence the European union is evil")...though I can't see the logic. Two years ago there were massive anti-EU protests with victims in bulgaria but according to some bulgarian journalists they were completely non-existing in the news of Belgium,UK and the likes - since at the moment the mood in these countries was to show that all bulgarians (and their neighboors from the north...) are happy with the EU and want to immigrate to north-west europe.
^Euro is not just a matter within the Eurozone, it's the second most traded currency and the second largest reserved currency in the world after USD, of course people would care as any change could bring much instability to the global economy. Even Asian media outlets reported the results of the election in Greece.
It looks like that when Ecuador and El Salvador had their economic crisis in the early 2000s, they abandoned their national currencies and adopt the U.S. dollar as their currencies, they have been doing fine. Should Greece do the same if it has problems remaining in austerity and staying in the Eurozone and refuse to honour its debt obligations?
Ecuador has NOT being doing fine since having "Dollarization" forced on it by the IMF! It was the Dollarization that deepened the crisis, forcing a significant percentage of the population to flee the country in search of work, and that caused many other problems. You make it sound as if Ecuador voluntarily adopted Dollarization. It didn't.
Now, after economist Rafael Correa got elected and is in his official second term, the economy has stabilized and is improving, due to his economic development policies, combined with defaulting on dodgy high-interest loans that a couple of his predecessors signed onto, back in the era when private banks were very aggressively and persistently pushing usurious loans on Latin American countries. Ecuador is doing well in spite of Dollarization, not because of it.
I don't mind having Germany annex it but we all know it won't happen.
not sure Germany would want it.
And if it can't survive on its own currency, nor euro without massive bailout, it is nobody's business. The outside world should just let it be. A corrupted, uncompetitive country with high welfare spending can only go one direction. Why should any country help it?
I don't mind having Germany annex it but we all know it won't happen.
Germany is such a multicultura-feminist-***** ****hole nowadays. They are too scared to even have proper military parades
I wouldn't mind invading Greece They will pay or they will cry and pay.
This is what Finnish people think:
Quote:
What is needed in Greece right now is a military junta, which would not need public approval and could use tanks against strikers and demonstrators.
Jussi Halla-aho on Facebook in 2011.
Let me clarify that El Salvador is not "just fine." Their economy isn't growing, wages are stagnant, foreign direct investment is on the floor; and now with the socialist party they voted into power things can only remain the same or get worse.
Ecuador is doing better than El Salvador, but they have a socialist government that is showing signs of wanting to control natural basic economic principles and that's very dangerous.
In all of Central America the only country that economically is going forward is Panama (I think they use the US dollar too), but right now its more of a wait and see because the new president has put in place price controls on some items, causing some shortages.
I think Guatemala is also on the US dollar and 'doing fine' is not how I would describe their economy.
Let me clarify that El Salvador is not "just fine." Their economy isn't growing, wages are stagnant, foreign direct investment is on the floor; and now with the socialist party they voted into power things can only remain the same or get worse.
Ecuador is doing better than El Salvador, but they have a socialist government that is showing signs of wanting to control natural basic economic principles and that's very dangerous.
In all of Central America the only country that economically is going forward is Panama (I think they use the US dollar too), but right now its more of a wait and see because the new president has put in place price controls on some items, causing some shortages.
I think Guatemala is also on the US dollar and 'doing fine' is not how I would describe their economy.
Yes you are right
IMF estimates for 2015 Economic Growth
These 8 countries are the only ones in Latin America and the Caribbean to have 4.0% or more growth.
Panama - 6.4%
Peru - 5.1%
Bolivia - 5.0%
Colombia - 4.5%
Paraguay - 4.5%
Dominican Republic - 4.2%
Ecuador - 4.0%
Nicaragua - 4.0%
Let me clarify that El Salvador is not "just fine." Their economy isn't growing, wages are stagnant, foreign direct investment is on the floor; and now with the socialist party they voted into power things can only remain the same or get worse.
Ecuador is doing better than El Salvador, but they have a socialist government that is showing signs of wanting to control natural basic economic principles and that's very dangerous.
In all of Central America the only country that economically is going forward is Panama (I think they use the US dollar too), but right now its more of a wait and see because the new president has put in place price controls on some items, causing some shortages.
I think Guatemala is also on the US dollar and 'doing fine' is not how I would describe their economy.
Please clarify what you mean by the bolded, and give examples.
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They will pay or they will cry and pay.
