Wednesday 11 July 2012

EU AND EUROZONE HAVE DIFFERENT AIMS !!!


It becomes more evident every passing week that the ultimate aims of the 17 members of the EUROZONE diverge completely from the objectives of the Lisbon Treaty !!! 

Because 17 countries adopted the EURO as their currency a new situation was created !!!  It meant in fact that the "new" currency required management !!!  This was not spellt-out in the Treaty of Lisbon and has come as a late revelation !!!  It is now the topic of all discussions when "EU" Leaders meet each other almost  week !!!

EUROZONE leaders do not want to bear the costs, particularly the small countries !!!  This is not abnormal, because the EUROZONE has no "Constitutional" Treaty !!!   Germany in fact is the only country which patiently really covers costs !!!  This cannot continue !!!


If EUROZONE countries were left to declare themselves bankrupt, they would find themselves in the same position as "Non EURO" countries !!!

When a currency fails, the country must reorganise  its self and its Finances !!!  Everyone, from the top to the bottom suffers !!!  This is not what happens in the EUROZONE at present !!!
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