Monday 22 April 2013

Croatia set to join the EU ...

Hey hey hey peolpe how are you ! :)

So today I read the Croatia is nearly finished the process of joining the EU , which I dont really fully understand as the fact of the matter is that Croatia could most likely just be a liability to this already fragile union of countries . Croatia is my favorite place I have been to in Europe thus far ...people are friendly, beer is cheap , food is great and the beaches are amazing but the country is definitely not an economic powerhouse by any means.
 
Croatia has massive umemployment rates in 2008 it was %13.4 and this year it is expected to hit       %20.4, which is MASSIVE !!! This means that possibly more than 1 in 5 people would not have work and therefore not contribute and form of tax or revenue towards the government coffers. The population is shrinking, in 1991 the population was 4.7 million and now it is less than 4.3 million which in the current climate of population growth throughout the world is one of the worst and its not all due to the fact that many of Croatias Serbs left in the 1990's. The ex prime minister, Ivo Sanader, who instigated the whole process of joining the EU was last year arrested and convicted for corruption and is still on trial facing other changes. This just proves that even though they may be trying to conceive a strong democratic country that it will take time for the peoples minds and actions to change to that of a country that would be fully co-operative and an actual benefit to the European Union.



I dont pretend to have a full grasp of all the reasons why the European Union was formed but I do know that to me it seems to have just put the economic superpowers of the union in a very tedious position where they are basically somewhat responsible for the many other countries that are in the union. These countries that have taken most of the bourden of bailing out the failing economies are France and Germany with Germany being the biggest economy in the EU so it has been the biggest provider of funds for the bailouts .

What I fail to understand is why they are still even considering accepting Croaia into the Eurozone when the Euro is already under immense pressure and nobody can see any light at the end of the tunnel, infact the tunnel is just black and never ending, as recent reports have stated that Portugal may need a second bail out to keep its economy afloat . It just seems to me like Germany and France are staying in the Eurozone too long and they need to look at ways to get out while they still can because there are many economies within the Eurozone already that look to be about to go under , Cyprus-Italy-Spain-Portugal just to name a few.

In conclusion I am just amazed at why Germany and France keep bailing these countries out , its almost like an alchoholic uncle who has a chronic gambling problem always coming over and asking for money for food for his kids etc ( when we know he will spend it unwisely )...which of course he never returns because he doesnt even have a job ...how many times will Germany and France put out their hands and save these countries before they think about themselves and just leave the Eurozone . I didn't want at all to single out Croatia as a problem country it just happens to be trying to join the Eurozone at this point in time .


Cofusing world we live in . Peace out, Catch  ( Picutre of Primosten in Croatia )
 

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