3 ms·
> 18 european countries transferred billions of euros in the last couple of years to greece, to help the country and the people. In return they had an agreement
by learnstats2 11y ago
> 18 european countries transferred billions of euros in the last couple of years to greece, to help the country and the people. In return they had an agreement that greece would cut their spending.
OK, but the eurozone control the finances of the eurozone in a way which actively harms Greece's finances and economy.
What will happen if Germany or France have an economic downturn? We already know the answer to this: the economies of small peripheral countries are thrown under the bus to protect the major ones.
It should not be this way. If a country in the Eurozone is in trouble, they should be protected by the other countries sufficiently that they might be able to protect other countries, in turn, when the situation is reversed.