The Greek $303 Billion is just creating chaos, EU is being overrun by migrants who should not be there. Security issues are going to come to the fore. Doing business in a criminally infested region is going to cause widespread stock losses.
Additionally Greek bashing is undoing all the past good work. Putin who was never in the picture in EU is now in , thanks to offering Greece Oil. Additionally, UK which used to be a leader of the economic pack is now just an illusion, all freight is stuck at Calais .
Worse is still to come , Putin has sold fighters and bombers to Argentine , that means that he is cover all the oil spots in the World. I bet the Falklands will go to him. The UK has failed miserably in diplomatic and economic policy internationally. Business is likely to dry up, more losses to be suffered on the stock exchanges , London , New York etc.
Germanys handling of Greek calls into question the folly of being hard on fellow EU members, hardly a good call. Wolfgang Schaeubel needs to review his priorities or Merkel will be out soon.
I am pretty sure the following members don’t want to take still more hits, :
|Eilertsen, Trine||Political Editor, Aftenposten||NOR|
|Eldrup, Merete||CEO, TV 2 Danmark A/S||DNK|
|Elkann, John||Chairman and CEO, EXOR; Chairman, Fiat Chrysler Automobiles||ITA|
|Enders, Thomas||CEO, Airbus Group||DEU|
|Erdoes, Mary||CEO, JP Morgan Asset Management||USA|
|Fairhead, Rona||Chairman, BBC Trust||GBR|
|Federspiel, Ulrik||Executive Vice President, Haldor Topsøe A/S||DNK|
|Feldstein, Martin S.||President Emeritus, NBER; Professor of Economics, Harvard University||USA|
|Ferguson, Niall||Professor of History, Harvard University, Gunzberg Center for European Studies||USA|
|Fischer, Heinz||Federal President||AUT|
|Flint, Douglas J.||Group Chairman, HSBC Holdings plc||GBR|