Euro Cup 2012 winner heads for bailout?

Euro Cup 2012 competition is on! Who will be the winner for this year? Anyone wants to make a guess? If you ask me, my money will be on either Italy or Portugal. Why?

To answer that, we have to take a look at the winners of the last 2 tournaments. Euro Cup is held every 4 years, so we check out the winners for 2004 & 2008.


Winner for 2004 - Greece
Winner for 2008 - Spain

So there! Greece won the cup in 2004, but it is now the core of the Eurozone crisis for past 2 years. Spain won in 2008. And now it is also in a crisis and needs EUR$100 billion bailout money. By the way, this bailout money causes the EURUSD to gap up a massive 100pips on monday morning on 11th June. Is this the dilemma of the Euro Cup? We shall see.

If Italy or Portugal wins this year's tournament, it may indeed be the dilemma of the Euro Cup. As both of these countries are not far behind in the ongoing Eurozone Crisis.

I don't know who will win it but I want Spain to win. Simply because they still appear to be the best and I enjoy watching them more than anyone else.

As for us (Greece) we play the most boring football than anyone else, but we don't care. We won it 8 years ago, which is something that England won't be able to say for many more decades

Based on the trend of the previous 2 Euro Cup, which ever country who wins it now needs bailout money. First Greece in 2004. Then Spain in 2008. So my guess for 2012 winner is either Italy or Portugal? For they are next country in the queue for bailout money.

I would wish for Spain to win too! They play barca football!! I dont think any country has won it twice in a row? Maybe Spain will be the first.

But when Greece and Spain won it, nobody knew they would need bailouts. So you can't predict who will win based on who needs a bailout. But maybe you can predict who will need a bailout based on who wins it. Even if it is Germany

Hello ForexMGames.

That´s funny the way you see who will be the next to request bailout
But Portugal already have a bailout.

If the octopus Paul had not already gone to pot, instead of predicting the outcomes of football could predict the next country to get the bailout

Cheers

i had a bet on germany just before the competition started,great odds,but i would happily loose my stake if England pick up the title.!!!!!!!!!

Yes, there are 3 favorites countries in my opinion.
(not for bailout)

Germany, Russia and Spain.
But it's like the financial market everything could happen and maybe Portugal having a chance

Sometimes, it is fun to take something not related to trading. And then somehow be able to link it to trading. That what i like to do.

My money will still be on italy or portugal. Gotta follow the trend of bailout money. The trend is our friend. Isn't that the first mantra of every profitable trader?

All right friends, may the best team win Euro 2012!!

Quotes below taken from forexcrunch.com

"Cyprus is the next line?: Spain is just the latest Euro-zone country to receive a bailout. Portugal, Ireland and Greece are all on bailout programs, and all three will have trouble getting back to the markets. Cyprus has a large exposure to Greek debt, and will likely be the next EZ member to join the bailout bandwagon.

Italian yields remain high: The euro-zone’s third largest economy has a debt to GDP ratio that is much higher than that of Spain. Italy’s GDP declined by 0.8% in Q1, underlining concerns that Italy might need outside help. The markets may be focused on the crisis in Spain , but clearly Italy cannot hide behind Spain for too long. Apart from yields sitting above 6% in the secondary markets, also the recent Italian auctions were painful: Italy paid higher prices for recycling its funds."

You are right. Maybe we can indeed predict that the winner of Euro 2012 will be next country in line for bailout.

Go portugal & italy! Go win this tournament. Your country needs the bailout money!!

lol what a topic

i agree, italy or portugal will win the cup..imho italy is favourite!

There are only 8 teams left in the quarter finals.


Teams that do not need bailout money
Czech republic
Germany
France
England

Teams that already had received bailout money
Portugal
Greece
Spain

Team that is next in line to receive the next bailout money
Italy

Since the previous 2 winners all required bailout money after winning the Euro Cup, my bet is on Italy to win Euro Cup 2012. Italy needs the bailout money. The trend is my friend.

LOL. Funny but life does have a sense of irony. And today's bailout providers, can be tomorrow's beggars. Funny topic.

today germany-greece............it seems a joke

in football anything can happen, who would though chelsea win the champion league(no punch intended) ... so my bet on greece to win the title as "the greece happiness index" is down at the moment

Germany vs. Greece

It's Italy then lol

Outside Bet On England.....happy now that the Greeks are out, wish they would leave the Euro while there at it.

Italy wins!! Semi finals is now

portugal vs spain
germany vs italy

Lets see. Germany is the main bailout provider. Spain & Portugal already received bailout money. Italy is next to get the bailout money.

The predictions on this thread is going to come true!! Nice thread.