Captain Badass! wrote...
http://www.businessweek.com/news/2010-05-10/turkey-buoying-greece-is-national-bank-s-strategy-update2-.html
So, as many of you know, the Greek Economy is failing. Many European nations are donating billions of Euros to Greece, totalling around 110 billion.
But Greece's biggest savior? Turkey. The nation that has been denied entry into the EU for years. Apparently, Turkey is saving National Bank in Greece, and the Turkish economy is expected to prosper over the coming years.
So do you think that this ordeal will end with Turkey finally gaining entrance into the EU?
I believe so, though it still won't be without challenges over cypress and other territorial squabbling.
I think a broader question to this is, how did Greece get into this mess to begin with and what are other countries going to do to insure that they don't fall prey to the same fate.
On another note: What does this mean fore Ireland, Portugal and other countries with huge debt to gdp ratios