Just to put my tuppence in here..

Whatever the rights, wrongs whatever.. It is a fact that there is no such thing as domestic policy. If Greece are allowed to get away with not paying their bills, The UK as well as the eurozone will be less than a year from currency meltdown. We can afford pensions by use of our credit rating, interest on the money we bailed Ireland out with and got back with a cracking interest rate and market confidence in our ability to eventually balance our own books.

The post above was factually quite accurate. A member of a currency must work with the other members equally and that has absolutely nothing to do with politics. Also, The EU is one of three creditors and even then, Ireland, Portugal, Spain, Italy and most of the newer eastern members would block any attempt to write off the debt.

By advocating the idea of not paying it back, Jim is doing for the short term Greek fix what he accuses our government of doing for the bankers.

Sorry Jim. Stick to pre 1954 folk music. Your credibility is higher there mate and you seem to understand the subject more. You are one of the good guys, but even then, I can't let bollocks go unchallenged.