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POLS 110 (385)
Lecture

November 8, 2012- Referendums.docx
November 8, 2012- Referendums.docx

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School
Queen's University
Department
Political Studies
Course
POLS 110
Professor
Jonathan W Rose
Semester
Fall

Description
 Referendums Greece on bailout Case of Greece  EU 27 members  EMU (Euro) o Countries must have deficits below 3% of GDP and debts 60% of GDP  Greece deficit 12%, debt 121%  Dubious financial reporting  Tax spending controls  Poor tax collection not paying tax is socially acceptable  40% of Greeks on public payroll  Generous welfare (even by European standards)  Asking Europe to buy Greek debt  P.M asked for referendum o He went back on his decision, never held it Referendums good for democra
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