Less than 48 hours after Euro 2012 started, Spanish Prime Minister Mariano Rajoy, has already announced that it is a victory for Spain. The size of their bailout was 100 billion Euros, so I can't really see how he can claim it as a victory. So far, Greece has had over 300 billion, so by my reckoning the score is 3-1 to Greece. With this sort of adding up, it is no wonder that they are in financial trouble.
Ireland has had 85 billion in loans and Portugal has a paltry 78 billion. So it is doubtful that they will make it through to the next round.
Since the politicians and bankers have spent the equivalent of 5 Facebooks, propping up the Euro, a sum even I find incredible, perhaps it could be left to the footballists. The team that wins the tournament, get their country the next round of bailout funds. It would give the teams something to play for and lets be honest, it can't be any worse an economic solution than the ones that have been tried.
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