Spain puts the heat on eurozone News

, Comments 2 comments

Spain paid the second highest yield on short-term debt since the birth of the euro at an auction yesterday 24 July, prompting market watchers to warn that such levels aren't sustainable and that the EU’s fourth largest economy will need a bailout the eurozone can barely afford. More

2 Comments To This Article

  • dion posted:

    on 26th November 2013, 13:47:01 - Reply

    I sure hope Spain will empty the EU's coffers.
    Indeed the EU turned out to be the boss bullying the rest of us.

    The spanish were perfectly happy without getting a welfare EU style system rolled out, or roads built. If they knew the price to be paid today, they would have never agreed joining. Their aspiration (same for Greece) will never turn out, because they will never cough up as much wealth to EVER be able to afford the Northern 'welfare system'.

    Right now, the spanish are going back to wealth levels of 30y ago, and they are probably beeing forced to sell out anything they own to the 'grand EU conglomerate', just like Greece had to give up its harbours to foreign men. EU was the biggest ponzy scheme ever. As a result, Turkey no longer dreams of ever being robbed from its national treasures by the EU (as a result of joining the EU)
  • Robert M posted:

    on 27th August 2012, 14:47:35 - Reply

    Is the End Nigh? Merkels's conflict of interest, in charge of Germany and the EU is huge, and descructive.
    Here, in its own words, is what European Union (some Union! Its boss and a Troika bullyiong the rest!)
    "In order to help address these and other citizen concerns, and to bring citizens closer to the Union, the Commission has been working hard in recent years to provide better and more accessible information on Europe, with the aim of empowering citizens, engaging them in a debate on European issues and encouraging them to help shape the Union’s future.
    This action seeks to deepen understanding of the concept of ‘active European citizenship’ so as to bring Europe closer to its citizens. This will be achieved through three sets of measures:
    1. High-visibility events seek to raise awareness of the EU by attracting public and media attention across Europe and involving all those who wish to actively participate in a debate about Europe. This measure supports events which are substantial in scale and scope, and which help develop a greater sense of belonging to a European community among EU citizens.

    These occasions – such as forums, commemorations, celebrations, artistic events, conferences, prizes, open days, etc. – will be organised by the Commission, in collaboration with Member States and other relevant partners.
    2. Studies help the Commission to gain a better understanding of active European citizenship and related issues. With the aid of this tool, studies, surveys and opinion polls focusing on different issues will be commissioned and carried out.
    3. Information and dissemination tools help the Commission and individual projects and initiatives to communicate the Europe for Citizens programme’s activities and results, as well as related national and local activities. Tools include websites and internet portals, leaflets, reports, newsletters, as well as video, audio and multimedia products.

    Oh Yeah? Where are the promises?