by Dobby » Tue Apr 30, 2013 5:16 am
You probably need to rephrase the question to 'is the eurozone screwed?'. Spain and Italy will probably need some sort of bail out soon, with France and particularly Germany putting the most into it. I say eurozone as opposed to EU, as countries such as the UK could help but will probably see it as more of a drain on finances to help given that we don't use the euro. The EU itself, is in my eyes is relatively safe. The conditions on which it is currently built may have to change, but there are still countries lining up to join and most (again the UK being the exception) aren't that eurosceptic. The eurozone has the potential to fall. However, I think it is more likely that countries that don't meet certain economic conditions (such as Greece and Cyprus) will be kicked out before it falls completely.
Last edited by
Dobby on Tue Apr 30, 2013 5:27 am, edited 1 time in total.