More than half of the euro zone is broke

Google translation: Looks as if Slovenia is the country sechte the euro zone, which must be below the euro rescue. The largest bank in the country, Nova Ljubljanska Banka needed money badly. On Monday the European Commission in Ljubljana, the government had given the green light to support the bank with € 382.9 million. Finance Minister Janez Sustersic said in an interview on Monday, is the most important is that the capital has been increased. To stimulate the economy, the Bank needs but 500 million euros, or "much more".



The Slovenian Prime Minister Janez Jansa has announced the end of June that his country could repeat the Greek scenario. The national debt compared to GDP has doubled since the introduction of the Euro 2007!


Of the 17 countries of the common currency already, Greece, Ireland, Portugal, Spain and Cyprus have needed emergency loans. Now coming to Slovenia. With Italy as large chunks of it looks very critical and it is expected later this year, a rescue be necessary. Belgium, Estonia, Holland and France experienced a significant economic downturn and wiggle concern. When only six countries remain, Germany, Finland, Luxembourg, Malta, Austria and Slovakia. This means that more than half of the euro zone is broke.



How will this still be okay? A common currency, übrigebleiben in fewer and fewer countries that can pay into the pot life, and more and more of it must be saved, does not work yet. Remain the only one of which Germany is to take seriously. The others are still small states. How long feared, in the end everything is stuck to the German taxpayer. That's the price we must pay if they "cost what it may" want to receive the €. Only then are all equally poor countries € and on the ground.


"Though this be madness, yet there is method" Hamlet




Here: all smoke and mirrors: More than half of the euro zone is broke 


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