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The last I had heard, the European Union refused to allow Greece to leave. It is my understanding that Greece wants out to help recover it's economy.
Greece is not going to be kicked out of the EU simply because its economy is failing. Greece is not the only EU member with strong economic problems. Spain, a much larger economy, is on the brink of becoming another "Greece". Greece has been bailed out, so its economy is given time to recover, in which its debt rate has fallen 40% due to the German bailout.
Again, just because Greece's economy is failing doesn't mean they will be kicked out. In fact, it means the opposite. Greece is top priority for the European Union now, and every member is helping to keep Greece afloat. The EU, being a supranational organization, has all its members economies intertwined, so all members must work together to sustain each others' economies. The total destruction of the Greek economy will harm the entire world, but simply leaving the EU won't help the situation, it would worsen it.
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∙ 11y ago
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Which EU county has been recently given billions to stop it going bankrupt?
greece!
Is Mykonos in the EU?
Mykonos is an island belonging to Greece. Greece is a member of the EU, so Mykonos is part of the EU.
What countries joins the eu in 1981?
Greece
Is Greece pulling out of the EU?
No.
Is Rhodes in the EU?
Yes, Rhodes is in Greece which is part of the European Union (EU).
Could your country get kicked out the EU?
Your country could get kicked out of the European Union if you were voted out. More than likely this won't happen though.
How much money does Greece gave to the EU?
Not enough
What country in the eu is currently under debate?
Greece
When did Greece become a full member of EU?
1981
Who was kicked out of Greece just before the golden age?
You were :)
What are the advantages of Greece being in the EU for the EU?
Greece has the twelfth largest economy of any EU member, but is currently shrinking at an alarming rate (almost -7% for the 2012 Q3). Greece has the thirteenth largest external debt total (about 140% of its GDP), but the largest public debt ratio of any EU member. Greece has taken drastic measures to reduce its debt, where it reduced its debt by almost 40% in the first quarter of 2012. Although Greece is definitely the largest economic burden for the European Union today, it wasn't always so. Greece's economy hasn't been this terrible since it was destroyed in World War II. Post WWII, Greece experienced high economic prosperity between 1950 and 1970, just a decade before it joined the EU. Greece had a terrific economy at these times, and was one of the main reasons Greece was acceded into the EU in 1981. Greece also experienced high economic prosperity in the turn of the millennium, well above the EU average. In 2008, however, Greece was hit hard by the changing world market because its two main industries, shipping and tourism, were vulnerable. Greece's debt began rising, and its credit score was then forced to be downgraded, etc. Greece has been going downhill ever since then, and has relied on bailouts from the EU (mainly with the help of Germany). Despite all this, Greece is still described as one of the most advanced economies in the world, and sustains one of the highest standards of living while battling an enormous unemployment rate. So upon Greece's accession to the EU, it obtained one of the largest and most prosperous economies, only to grow more so in the years to come. However, Greece is without a doubt the biggest problem with the EU today.
When did Greece become a member of the EU?
Greece joined the European Union (EU) in 1981.
