Eurozone Issues Threat To Greece

Moloch The Owl On the Euro

The European Central Bank has reacted to the news that Greece may be the first country in the European Superstate  to dump the Euro and return to its former currency. A thoughtfully produced document has been released that issues any country ( with Spain , Portugal and the ROI also seemingly looking at withdrawing from the monetary union) with a threat of expulsion from the EU if they remove from the Eurozone.

The document describes in stark detail what belonging to Euroland really means – including a “new legal order” that transcends a “largely obsolete concept of sovereignty” and imposes a “permanent limitation” on the states’ rights. ECB chief  , Bilderberger Jean Claude Trichet underlined the ‘sink or swim’ attitude to member states and offered little in the way of reassurance to those currently struggling badly since adopting the Euro.

Greece in particular has been suffering with riots , reportedly brought on by economic difficulties fed down to a fed up population.  “No state can expect any special treatment.” he intoned.

Full Report Here