How serious is eurozone about euro crisis?
There is no doubt that eurozone leaders r trying to end this crisis but r they really serious or r they trying to solve but at the same time they have their own "hidden benefits".
Euro is bouncing on the press releases from different euro leaders. Currently the news is about aiding greece with 3.2b euros.
But thinkers say that it would be tougher year for already-struggling economies of eurozone.
Do u think they can overcome this crisis by the end of year?
The good or ill of a man lies within his own will. – Epictetus
Euro crisis is no where near "solved". We hear news everyday about "a step taken" towards solution but I cant see any major improvement so far. There r hundreds of statements which assure u that it will be "solved soon" but the reality is 2013 will also be a struggling year for them.
Originally posted by ironicalThere is no doubt that eurozone leaders r trying to end this crisis but r they really serious or r they trying to solve but at the same time they have their own "hidden benefits". Euro is bouncing on the press releases from different euro leaders. Currently the news is about aiding greece with 3.2b euros. But thinkers say that it would be tougher year for already-struggling economies of eurozone. Do u think they can overcome this crisis by the end of year?
If there is fire in ur town, what will be ur reaction?? serious or non-serious? Are u among the ones who dun care or the ones who care? Same is the situation with eurozone. Most of them care about eurozone seriously. A few others also care but they r afraid that any big step might hurt their own country' economy. So euro crisis is problem of whole euro zone but slow process is due to lack of solutions. They cant strengthen euro at the cost of their own country.
Originally posted by SashaIf there is fire in ur town, what will be ur reaction?? serious or non-serious? Are u among the ones who dun care or the ones who care? Same is the situation with eurozone. Most of them care about eurozone seriously. A few others also care but they r afraid that any big step might hurt their own country' economy. So euro crisis is problem of whole euro zone but slow process is due to lack of solutions. They cant strengthen euro at the cost of their own country.
hahaha. Exactly.
I think they have found a solution. But it will take a lot of time to implement it.
@illiterate. I dun think so. There is no short term solution or quick solution. Coz there r "many" statements by euro leaders that they r very near to solution and 2013 looked to be the end of crisis. But now they say that 2013 will be tougher than what they thought.
Britain Prime minister said that there is tension between britain and some members of european members. So Britian will decide, its european union membership, by referendum in 2017.
I am sure these tensions have deep relations with crisis.
Originally posted by ChampBritain Prime minister said that there is tension between britain and some members of european members. So Britian will decide, its european union membership, by referendum in 2017.
I am sure these tensions have deep relations with crisis.
Yea I heard abt it. But I think it will be resolved. It is just political tactics to increase pressure.
Stick to your rules
Draghi's steps r improving euro against other currencies. But economic growth of eurozone is still struggling.
It will be very hard to solve the current situation of the euro crises. The next country who is out of debts is Cypria. Everytime the EU send big amounts of money to help bankrupt countries, it is very bad for us.
European problems is no where near "solved". We listen to information daily about "a phase taken" towards remedy but I cant see any significant enhancement so far. There r thousands of claims which guarantee u that it will be "solved soon" but the truth is 2013 will also be a having difficulties season for them.