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    Greece'S Return To Europe And The Re Emergence Of Foreign Exchange Market?

    2015/12/7 19:45:00 29

    GreeceEuroExchange Rate

    Although in July this year reached a new version of the aid agreement with the European Union, recent events have further cracked Greece's trust in the European Union.

    In particular, the situation of illegal refugees in the Middle East using Greece as a pedal into the European mainland has threatened European allies to drive Greece out of the Schengen area. Once so, Greece's "retreat from Europe" problem will be re placed on the table.

    In fact, the refugee problem is very serious.

    According to reports, a number of EU officials have issued a warning to threaten Greece to suspend the Schengen agreement. The Schengen agreement has been open to Schengen countries since 1985, and visa free tourism has been opened.

    At present, the core problem is that the Greek government is considered incapable, or unwilling to do refugee registration and border control, which has led to a large influx of refugees into other countries.

    During the meeting last Friday, the EU interior minister formally threatened Greece to warn Greece that if it did not adjust its refugee policy before the EU summit in mid December, it would be kicked out of Schengen.

    To be sure, this agreement is different from the European Monetary Union. From this point of view, Greece will not be kicked out of the euro area.

    However, in view of being kicked out of the Schengen area, it means losing the convenience of circulation of personnel and materials within the European Union, perhaps as much as Greece has voluntarily given up its use.

    Euro currency

    Before,

    European Union

    Greece's traditional deadly enemy, Turkey, has been hated by the Greek enemy, Turkey, to pay 30 euros and ask it to strengthen its border control and prevent the migration of refugees.

    In this case, Greece and EU relations, which are already on thin ice, are likely to be hurt again.

    The country may move further closer to Russia because of the Turkey issue, which will further add to the geopolitical situation and spill over the global market.

    Why is Greece dragging on? It seems to be for technical and political reasons.

    Greek law shows that the Greek border is monitored by Greek citizens.

    There are other reasons.

    One unwritten reason may be the key.

    From the Greek point of view, the sovereignty of Greece has been seriously violated.

    Remember the close connection between solvency and sovereignty.

    Greece

    The problem is that the former leads to erosion of the latter.

    Some observers also suspect Greek Prime Minister Tsipras is seeking more concessions from the European Union.

    This is a real political issue.

    It depends on which side of the negotiating table has the advantage.

    This will be a shrewd negotiation.

    Greek officials say that despite Greece's fiscal tightening, it has already spent 1 billion 500 million euros to solve the refugee problem.

    Greece issued a statement five months ago requesting the EU border defense agency to assist its maritime border. However, the Greek government banned the border defense agency from interfering with the land boundary. After all, Greece did not share the land boundary with any other member state of Schengen.

    This may be the reason why the country has a deep conflict with the European Union in border control.


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