Thread: Greece financial bailout, and the mood of other Euro users.
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kevloral's Avatar
kevloral is offline kevloral
2010-05-05 , 22:16
Posts: 134 | Thanked: 247 times | Joined on Sep 2009 @ Spain, EU
#35
Originally Posted by sajman View Post
not just Greece,

Spain, Portugal and Ireland are on the brink of going the same way

Greece could loose their credit rating and cant borrow money leaving them in deep poop.

Im kinda happy England aren't part of the EURO
Oh, really?

2009 public debt:
Spain: 53.2 (% of GDP)
UK: 68.1 (% of GDP)

2009 budget balance:
Spain: -8.9 (% of GDP)
UK: -9.5 (% of GDP)

Read a little bit and learn:

UK budget deficit 'to surpass Greece's as worst in EU'

Source: http://www.guardian.co.uk/business/2...se-than-greece
Last edited by kevloral; 2010-05-05 at 22:22.