Will Greece default on it’s huge overdraft and be forced out of the Euro?
February 11, 2010 in News by TT Editor
Greece has run out of money. It has a £250 Billion overdraft and can’t sell enough Ouzo to pay it back. France and Germany are now it’s bankers of ‘last resort’, but if they don’t write Greece a big fat cheque then the Greek Government may be forced to leave the Euro and devalue their currency. Cast your predictions now for whether your think Greece will be forced out of the Euro before the end of the 2010.
Will Greece be forced out of the Euro before the end of the 2010?
Login or Register to submit your vote.
0.0% of the people predicted "Yes"
100.0% of the people predicted "No"Closing Date: April 2, 2010 | 1 point
What people are predicting (6):
Really bad to see Greece like that. i hope that the economic crisis will be fast over,, but with the fast rising of china, it will be hard to get out of the crisis… i think the future of the euro money will not be so good… i m only hoping the best,,, By the way Europe can only hope for technology change in cars because that can save his own car business ,,because than the sells will rise and there will be no crisis like now.. that is how i see it
Greece and Spain won’t pay back. This was a calculated Risk, and a Lesson for the Banking System. The only thing Germans can do is:
REPOSSESS 170 Leopard 2AEX Battle Tanks from Greece, and 190 Leopard 2A6E Battle Tanks from Spain.
U.S.A must REPOSSESS 170 F-16 Jet Fighters from Greece, … the rest is gone with the wind …forever …
Greece must stop paying lucrative pensions with borrowed money, reform the free health care system, and cut down, 4 times the military budged.