Euro Area

[Philippus Flavius Homovallumus]

@Philip: government collapse is a bit of a strong word for what happened in the Netherlands. To have something collapse you first need it to be in some shape or form that can actually collapse. The Dutch government never was in such shape or form, and the Euro does not have anything to do with that.

Yes collapse is a bit strong, but it still represents a worse situation than even the debt deadlock in the US. Kage wants to paint the EU as economically stronger than the US - but the EU lacks a central government to make sure debts etc. are paid when a State's government breaks down.

It doesn't directly have anything to do with the Euro (although Wilders walked out over FU) but it contributes to the argument that the Euro area is weak politically.

[Tellos Athenaios]

Yes collapse is a bit strong, but it still represents a worse situation than even the debt deadlock in the US.

Nope. Suddenly assorted parties on the right found out that it is better to deal with left wing parties than right wing populists. Which is better for the Netherlands and better for the EU as the resulting agreement on the budget is much better at the cost of ignoring a couple of populist talking points. Plus, the populists don't get the credit, which hopefully translates into less votes come the election.

[Philippus Flavius Homovallumus]

Nope. Suddenly assorted parties on the right found out that it is better to deal with left wing parties than right wing populists. Which is better for the Netherlands and better for the EU as the resulting agreement on the budget is much better at the cost of ignoring a couple of populist talking points. Plus, the populists don't get the credit, which hopefully translates into less votes come the election.

Sorry?

What was that?

I'm afraid my brain is no longer capable of processing positive news from the Eurozone.

Still - there is still Greece et al.

[Tellos Athenaios]

Sorry?

What was that?

A budget was negotiated without the PVV, and will be implemented by a care taker government. Not nearly as bad as an abdication of responsibility and all pretense at adulthood while holding a country hostage with the threat of a default, which is what the deadlock in the USA amounted to.

[Philippus Flavius Homovallumus]

A budget was negotiated without the PVV, and will be implemented by a care taker government. Not nearly as bad as an abdication of responsibility and all pretense at adulthood while holding a country hostage with the threat of a default, which is what the deadlock in the USA amounted to.

I can't hear you!

La La La!

[Fragony]

40 billion euro's that we will have to borrow ourselve, and it is not comming back