2010/02/12

Germans to finance the feckless Greeks

And now it turns out that the only way to save Greece is for the prudent Germans to finance the feckless Greeks.

The problem is that when Greece - which has already lied about the extent of its difficulties - inevitably fails to control public spending, it will need more money.

And if not them, it will be the Portuguese, or the Italians or the Spanish, all of whom are running unsustainable debts. dailymail.co.uk

Note: Ireland not?

"some (Pigs) are more equal than others.

Ireland's deficit is still as large as Greece's" - David Sharrock in The Times, 11 February


Kick Greece out of the euro

The cracks in the currency have long been apparent. The Greeks have acted irresponsibly and must pay the penalty. Ruth Lea - The Times

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