Quote:
Originally Posted by Osem
What happens in Greece affects us all because if it all goes pear shaped it will unduly affect what little confidence is left in the banking/financial system.
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Personally I don;t think it will.. The situation in Greece isn't about banking instead it's about one countries problem with not only their inability to structure their own tax system correctly but also their link to other countries via a shared currency. If anything it should improve Britain's standing and the pound as a single currency.
Britain though does need to take a step back, put their foot down and state that yes we're happy to be part of Europe but not as the rich uncle/aunt who is forever coming to the rescue of the smaller states.. I wonder if the way things are going that the EU will become a two tier system with France, Germany, UK (and maybe one or two more) cutting funding links with the lower group and to some extent isolating themselves from those countries that see the EU as a charity. The EU should be a "club" of disinction and of economic harmony and membership should be restricted to those capable of adding to the collective as well as benefiting from it.