11-03-2019, 09:54 PM
11
Re: EU Debt Crisis
Originally Posted by Solasch
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Simply googled!The*European Central Bank*(ECB) is the*central bank*for the*euro*and administers*monetary policy*of the*Eurozone, which consists of 19*EU member states*and is one of the largest currency areas in the world. It is one of the world's*most important central banks*and is one of the seven*institutions of the European Union*(EU) listed in the*Treaty on European Union(TEU). The capital stock of the bank is owned by the central banks of all 28 EU member states.[3]*The*Treaty of Amsterdam*established the bank in 1998, and it is headquartered in*Frankfurt, Germany.
Nope.
Greece cant print it's own money can it
No member state in the eurozone can ... or devalue their currency.
I've already explained this to you .... about 4 times
11-03-2019, 11:59 PM
12
Re: EU Debt Crisis
Originally Posted by Bread
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Nope.Greece cant print it's own money can it
No member state in the eurozone can ... or devalue their currency.
I've already explained this to you .... about 4 times
Googled:
the ECB holds the exclusive right to authorise the issuance of*euro banknotes. Member states can issue*euro coins, but the amount must be authorised by the ECB beforehand (upon the introduction of the euro, the ECB also had exclusive right to issue coins).[21]
12-03-2019, 01:12 AM
14
Re: EU Debt Crisis
Originally Posted by Ray Cathode
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What's in it for you Solly? you seem very concerned, why not just let us f**k up unless you think it will cause even more problems for the eurozone.
12-03-2019, 08:18 AM
15
Re: EU Debt Crisis
Originally Posted by Solasch
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Wrong on all points. For once, please, please, look up your facts before you spout rubbish.Googled:
the ECB holds the exclusive right to authorise the issuance of*euro banknotes. Member states can issue*euro coins, but the amount must be authorised by the ECB beforehand (upon the introduction of the euro, the ECB also had exclusive right to issue coins).[21]
12-03-2019, 08:20 AM
16
Re: EU Debt Crisis
Originally Posted by Solasch
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You always think other persons have an ulterior motive. Says a lot about your personalty, scotty.
You're doing a terrible job of convincing Leavers they made the wrong decision.
In fact, you are doing the polar opposite!
12-03-2019, 09:25 AM
17
Re: EU Debt Crisis
Originally Posted by Solasch
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Wrong on all points. For once, please, please, look up your facts before you spout rubbish.Googled:
the ECB holds the exclusive right to authorise the issuance of*euro banknotes. Member states can issue*euro coins, but the amount must be authorised by the ECB beforehand (upon the introduction of the euro, the ECB also had exclusive right to issue coins).[21]
Nope
How can Greece print more of its euros?
It cant - it has to borrow it and that's why the eurozone is a complete disaster.
12-03-2019, 10:39 AM
19
Re: EU Debt Crisis
Originally Posted by swimfeeders
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HiOur own Governments published statistics show that the UK has an higher debt level than the majority of the EU.
The statistics show that we are not paying off the debt as claimed, we are continuing to borrow every year.
Then look at the deficits in the EU - remember, it was the UK, France and Germany that provided countries like Spain with their loans in the first place.
12-03-2019, 02:22 PM
20
Re: EU Debt Crisis
Originally Posted by Moscow
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So you are wrong and Bread is right!
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