Monday, April 26, 2010

Germany refuses to help Greece unless it agrees to tougher terms

It appears so.

Are we going to have to watch this tragic comedy of MOPE over the balance of the financially weak EU states?.

Mr Schauble said no decision had yet been taken by Berlin or the European Union and that the outcome may yet be "negative". "It depends entirely on whether Greece goes through with the strict austerity in coming years," he told Bild Zeitung.

Source: telegraph.co.uk

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