Apart the fact that they need to push for enough reforms that the IMF demands to secure the loan deal, they really must create a plan for the future, to make sure their economies are fully functioning. They would not like another similar crisis and I am sure none of their EU partners would either.
One could really applaud such ideas and we should be looking forward to watch such developments happening, not just in Greece and Ireland but on a pan-European level. But what will the opinion of other EU states be, especially that of the “EU heavyweights” France, Germany and Britain?
It was meant to go on display during the Olympics, but we never heard of it ever again. Obviously it had to be subsided to go onto mass production, something that never happened. Could it be because there was no place for more competition in the European market, or perhaps the Greek Government did not consider developing these kind of products, to diversify the Greek economy with?
But with all major manufacturing companies moving to China or elsewhere with cheaper work force, can any European country set up a new industry from scrap? It will be interesting to see how do they plan to diversify the Greek and Irish economy. How can small European countries compete with much larger, well established industries in bigger countries on this?
With a common market and one currency in our continent, if one economy fails, everybody is affected. Tourism is not a stable economy. It relies on the financial situation of the rich developed countries and their citizens. Agriculture on the other hand needs a lot of subsidizing to make it as profitable so it can sustain a whole economy.
All EU states could be participating, creating jobs and opportunities for the citizens everywhere, securing jobs for Europeans, promote development and stability throughout the continent and eliminating inequalities. Ireland and Greece do not deserve to go from boom to bust, they deserve a stable economy. They should be treated as equal EU partners and be encouraged to invest in other types of economy.
It will not just benefit them, but the whole European region in the long term, to have them and all small EU member states, thriving and equally competitive as the larger ones.
It is little good to them if the production of the solar panels, for the proposed "HELIOS" program in Greece are made in Germany, and they are just placed on Greek soil? Shouldn't be Greece who manufactured the panels and create jobs, boost its exports and become a main exporter not just of "green" energy in the region, but also of the components that are required for its exploitation.
If everything is manufactured elsewhere, then there is little profit for Greece and no reforms in its economy will ever take place. Perhaps part of the solution is to also stop companies from moving to China, and redistribute them throughout Europe instead. Have all nations working together, while redesigning the type of energy, cars and lifestyle our future generations will have.