15 May 2012 13:31:

we have been waiting 3 years for some debtor cases and still no date.

its a disgrace

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15 May 2012 11:33:

The euro was an ill conceived idea, putting a group of countries into one big pot, history tells you it is unlikely to work. Look at Yugoslavia, look at Russia. All countries have different philosophies and mentalities, take Spain, Portugal and Greece, a chilled lifestyle ( some might say inherently lazy ). Now these countries under the diktat of Germany. Before they could adapt to market conditions, at the moment they are hamstrung by the rules and borrowing money not to grow but to service the existing debt.

These countries either suffer in silence with no growth and high employment for 5 years more I expect, yes things come round... but could easily return in another 20 years. The results of opting out would be tough on them in the short term maybe 12 months as they would need to devalue there currencies and imports cost more but eventually they would get control back. Their exports would be cheaper, holiday traffic significantly increased and the people happier.

Who knows what will happen but being someone who owns and doesnt intend to sell, I would prefer option B but may be completely misguided.

Nick

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14 May 2012 18:35:

remember the uk economy is reliant on european trade. I would expect 1.30 at best, if the euro implodes and the peseta returns then the peseta would be devalued and the pound would go further (eventually ). Just a thought

Nick

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14 May 2012 12:29:

I have just heard that Casares town hall has been closed today by the guardia civil and is under investigation for planning irregularities.  With the amount of building started in the last 8 years who knows what they will find.

Nick

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03 Apr 2012 12:08:

Historically a "union" of countries doesnt work.

Thats why the soviet union is now Russia and a dozen other countries all with independent fiscal control.

Take Yugoslavia, all the separate countries...croatia, slovenia etc are better off.

The only beneficiary to the single currency is Germany. fact

I dont think any country would have the balls to break away unless forced, if it did happen ( personally i don think it will...not in the short term anyway), Any country would be worse off in the short term for a couple of years, probably badly. but would benefit long term.

All hypothetical, I think

Nick

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