Comments on: The Eurozone Solution For Greece Is A Very “Clever Bluff”? http://moslereconomics.com/2010/03/15/the-eurozone-solution-for-greece-is-a-very-clever-bluff/ St Croix, United States Virgin Islands Wed, 23 May 2012 23:49:03 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: warren mosler http://moslereconomics.com/2010/03/15/the-eurozone-solution-for-greece-is-a-very-clever-bluff/comment-page-1/#comment-17371 warren mosler Tue, 16 Mar 2010 03:42:19 +0000 http://moslereconomics.com/?p=9910#comment-17371 not quite. greece could get 'punished' by markets and even default, but the others credit would not be affected directly as their debt ratios would continue to come down not quite. greece could get ‘punished’ by markets and even default, but the others credit would not be affected directly as their debt ratios would continue to come down

]]> By: Curious http://moslereconomics.com/2010/03/15/the-eurozone-solution-for-greece-is-a-very-clever-bluff/comment-page-1/#comment-17370 Curious Tue, 16 Mar 2010 02:20:32 +0000 http://moslereconomics.com/?p=9910#comment-17370 "...member nation spending and tax policy are in any case restricted by the Maastricht criteria." Greece's spending was supposedly restricted too, wasn't it? "...the penalty for non compliance can be the withholding of annual payments." If EU withholds the annual payment to a member state due to non compliance, don't they find themselves in the same situation where they are today with Greece? “…member nation spending and tax policy are in any case restricted by the Maastricht criteria.”

Greece’s spending was supposedly restricted too, wasn’t it?

“…the penalty for non compliance can be the withholding of annual payments.”

If EU withholds the annual payment to a member state due to non compliance, don’t they find themselves in the same situation where they are today with Greece?

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