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Euro Countries Take Tough Line Toward Greece

by TLTheLiberator
6 replies
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Will Greece leave the Eurozone?

Will they be allowed to leave without major retaliation - if they want to?


http://www.nytimes.com/2015/01/06/wo...tion.html?_r=1
  • Profile picture of the author peterj
    Officials in Brussels, too, emphasized Monday that membership in the euro bloc was "irrevocable,"
    What will they do if Greece leaves? Invade?
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  • Profile picture of the author seasoned
    Originally Posted by TLTheLiberator View Post

    Will Greece leave the Eurozone?

    Will they be allowed to leave without major retaliation - if they want to?


    http://www.nytimes.com/2015/01/06/wo...tion.html?_r=1
    Well, there should be NO problem, as long as they pay EVERYTHING BACK, AS AGREED, and realize they get NONE of the benefits!

    Steve
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by TLTheLiberator View Post

    Will Greece leave the Eurozone?
    My (perhaps slightly contrarian) guess is not, actually.

    (They should never have joined it in the first place, needless to say, but that's a whole "other issue".)

    Don't want to get "political" but their forthcoming election will be "interesting" (at least).

    .
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    • Profile picture of the author whateverpedia
      Originally Posted by Alexa Smith View Post

      Don't want to get "political" but their forthcoming election will be "interesting" (at least). .
      That raises an interesting question. What if the Greek people vote overwhelmingly for a party that promises to leave the Eurozone?

      Will the election result be overridden by the EU?
      Signature
      Why do garden gnomes smell so bad?
      So that blind people can hate them as well.
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      • Profile picture of the author Alexa Smith
        Banned
        Originally Posted by whateverpedia View Post

        What if the Greek people vote overwhelmingly for a party that promises to leave the Eurozone?
        Realistically, there's surely very little possibility of this outcome? But granted, an interesting theoretical question.

        Originally Posted by whateverpedia View Post

        Will the election result be overridden by the EU?
        I don't think they'd even try? In reality, such a party would presumably hold a referendum before leaving the Eurozone, anyway, to "legitimize" such a decision? And would be able to, pretty confidently, if having just been elected on that manifesto? And the EU parliament couldn't conceivably try to overturn a legitimate referendum result of a constituent country? Just as they couldn't, in the case of a country voting at referendum - as indeed the UK may well, in 2017 - to leave the EU itself rather than just the Eurozone?

        (The "UK example", admittedly, is not quite directly analogous, since the UK somehow just about managed to scrape together the good sense not join the Eurozone in the first place. )

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