Message #2499

[AndyHB]

I think we need to remember that the Greek situation isn't a short-term one.  I can remember hearing commentaries on the BBC World Service back in the 90s pointing out that the Greek economy, along with that of Portugal and Spain, were in danger of imploding because of a variety of factors - not least the incredibly favourable retirement and pension schemes they had and, as far as I am aware, still have.  'We', by which I mean the European economies, have been propping up the Greek economy, especially, for years.

i note that the beeb does not have a seperate news thread for europe ... interesting huh?

Yes it does - http://www.bbc.co.uk/news/world/europe