posted on May, 7 2010 @ 09:14 AM
Faced with massive loans coming due this month, his government announced a draconian package of austerity measures and sought support from the
The austerity measures have been roundly denounced by Greek citizens, leading to violent clashes in Athens.
A couple of years ago I couldn't have thought this, but I am starting to believe that the end of the European Union is imminent. Originally founded to
provide peace and prosperity through partnership and it has made some stunning achievements. Fifty years of relative stability in blood-ridden Europe,
that alone is reason enough to be supportive to the EU.
However, there are plenty of reasons to support the opinion that the status quo is not sustainable. In contrast to the US, the EU consists of many
countries with (very) different cultural backgrounds and nationalistic ideas. The national chauvinism of these countries (particularly that of the UK
and France) is an important factor that undermines real progression. The monthly move to Strasbourg being a prominent example - France refuses to
surrender this ridiculous thing, which costs E200 million/year. If countries are not even willing to give up such ignorant things, how could they ever
expect the European people to have trust in the EU?
In one month the total amount of aid has been increased from E30 billion to over E150 billion. Why? Because the Greek government has long lived beyond
its means, failed to implement an effective taxation system and was allowed to adopt the Euro under false pretenses. For months, the Greeks have been
outrageous with the EU while they should be angry with their own government. Their government created the situation were they now find themselves in.
They should be grateful that the people of Europe
is being forced to waste so many billions on the sinking ship called Greece. I would think it
is not more than appropriate that the Greek people pay their share of this mess that other European countries bear no responsibility for in the first
We, the people of Europe are paying billions for the mess Greece is solely responsibility for with small chances that the money is ever going to be
paid back. As soon as more countries follow (Portugal, Spain), there is a very significant chance that the unity will break. In other words: a German
will not care any longer about the faith of the EU, but rather about the faith of Germany and the same applies for many other countries. Eventually,
we will reach the same point as were we started: selfish and nationalistic countries and honestly, you can't blame them. Bad governance and no real
desire for progression among the politicians of individual countries is to blame.
Unfortunately enough, I believe that such a scenario would lead to the instability that caused so many bloody wars in our past.
(visit the link for the full news article)