FINANCING the Greek bailout? EU banks cannot be forced to add to the bailout pot as it is a voluntary exercise. Given that Greece has defaulted on loans five times in the last 200 years, which amounted to 150 years spent in default, it would be a very foolish bank who lent them money.
Still with the Prime Minister committed to the idea that saving Greece is all part of saving us, then I suppose we are in for another round of cutting our own cloth to give to Greece when in fact if we were in the EU, it is us that would be being bailed out.
It seems we are hell bent on financial suicide at the urging of two Etonians, both of whom are immune to any form of economic decline.
DOUG MILLS, Fraser Road, Poole
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