Thread: Greece financial bailout, and the mood of other Euro users.
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Rugoz is offline Rugoz
2010-05-06 , 12:21
Posts: 457 | Thanked: 600 times | Joined on Jan 2010
#79
Originally Posted by overlord View Post
Greece was just the first one to get hit... Has anyone seen the current status in Spain and Portugal...? Not much of a difference there...
Actually there is a lot of difference. Just look at the debt as % of gdp figures and current deficit.
Also those countries are not as corrupt as Greece (which is only surpassed by Romania in the EU).
And if have more trust in their ability to implement cost cutting programs. Going on strike is not a solution.

Cheers