SPEAKING purely as a layman, I fail to understand why the EU is giving Greece funds to enable it to pay the interest on the huge loans it has taken on.
I’ve no idea how many times Greece has received loans to help pay interest on, and also increase its debts, but to paraphrase Einstein: "Insanity is to do the same thing time and again and expect a different outcome".
Surely both the EU and Greece must be aware there is no way Greece can ever pay-off the huge debts they currently have but, then again maybe the same applies, one would guess, to most other western countries, i.e. France, America and the UK?
The only countries which appear to have their heads above the water are Germany and China, Germany because it has led a golden age due to the low value of the Euro and China because of its thriving economy, allowing it to buy up huge western enterprises and thereby lend huge sums to those same countries?
Barry Burton, Fareham
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