Anonymous
Anonymous asked in Politics & GovernmentOther - Politics & Government · 9 years ago

Why were most EU countries forced to bailout Greece?

Because Greece went bankrupt other countries should have to suffer too?

3 Answers

Relevance
  • Josh
    Lv 6
    9 years ago
    Best Answer

    Not most EU countries. Only those in the Euro Zone. They did this because a collapse of the Euro which would have happened if Greece fell would have ruined their recoveries. despite having to suffer the cost it would have cost them more too do nothing.

    So they bailed them out breaking the treaties no bail out clause.

  • Anonymous
    9 years ago

    Because they're suckers that set up a system that doesn't discipline the countries that have none.

  • 9 years ago

    Because they signed away their national sovereignty when they became members of an international union and allowed foreigners to create laws and taxes to be enforced in their nations.

Still have questions? Get your answers by asking now.