Is this 'good money after bad'?

[Groucho]

http://www.bbc.co.uk/news/world-europe-33934238

[PapaBravo]

Yes, it is.

[rocking]

Yes I think it is money down drain.

[turtle]

If you are a bankrupt EU member then the tap is always turned on....no matter what your status is.


Yet another reason to get out of the EU ?

[Ragged Robin]

For whom to get out of the Euro Turtle. UK or Greece? Just look at what it will mean to the ordinary "man on the street" Greek. His life will not be enhanced by EU membership. Let us hope the Turkish Cypriots are reading this and getting the warning.

[rocking]

Those TCs I speak to are desperate to get into European Union they assume that EU will be throwing money at them. They don't realise if we join as an island, suppose we would e expected to contribute to GC debt even though we are "skint". I try and tell them of countries that are trying to "get out" of this corrupt club and here they are trying to "get in". Madness.

[Owl Lady]

Rocking, They think the "grass is greener" God help them (and us!) if the ever get in the Euro zone. All the businesses ,hotels ,restaurants, bars etc will be closed down, Either on grounds of Health and Safety or Hygiene. As for bailing Greece out yet again. does anyone really believe they will honour another debt ???.

[MoonageDaydream]

Owl Lady: "if the ever get in the Euro zone. All the businesses ,hotels ,restaurants, bars etc will be closed down, Either on grounds of Health and Safety or Hygiene."

I think you've been reading the Daily Mail too much!!

Firstly the 'Eurozone' does not set regulations on hygene and health and safety, and the EU itself only has partial jurisdiction in these areas.
Seecondly, if than you say ius true than surely why haven't these businsesses closed down in the South of Cyprus?

You seem to be suggesting that hygene and health and safety standards are lower in the North of Cyprus than the South. Not only is that insulting to businesses in the North, but I have to say that is not my experience.

[sophie]

Owl Lady, please don't think that Hygiene in small cafes etc is better down South than here. Believe me it's not. That's not to say there are places in the North that frighten me to death.

[Groucho]

That's not to say there are places in the North that frighten me to death.

Well do they or don't they?

[Ragged Robin]

Slightly OT I dont know about other parts of the EU but thirty years ago in the UK I had a job which sometimes involved working with the Company's very experienced Health and Safety Officer, and his vocabulary on the practices of the average British workman was quite an education. I sometimes try not to imagine what he would say to some of the practices here - like today when I observed a man chopping a branch off a tree standing on a rickety chair which itself was standing on an unstable table!

Back on topic: Would not compensation involve valuing all the properties concerned on both sides both now and 1974: that alone should be a pretty good job creation scheme for any number of surveyors, lawyers etc.