Greece vs. Germany

Guardian Live - Greece: Reports that Germany, the Netherlands and Finland are behind the move to delay the bailout to Greece till after the Greek Elections in April. This will go down well in Greece, this move could imperil the whole deal, as the article notes Greek bond holders might say NO to a write off if there cuts are being used instead of EU money. Its all gets very in the weeds folks, but Greece has to pay its bond debts in March, someone has to pay it or Greece goes down the toilet, so we could be talking here of a Greek bailout of 160 billion Euros at the end of the day, the last 15 billion just to give Greece and the EU breathing room. And even then Greece will come back for more, you can bet on that folks.

Greece and the EU

Telegraph Live - Greece: Reports in its 1pm post that the leader of the Greek Conservative Party, Antonis Samaras has written to the EU and IMF and stated that if his Party wins the General Election they will keep to agreed austerity plan. This to be fair to Greece should be enough for the EU/IMF/ECB, the Greek Elite have gone against their voters, passed a tough Austerity package, they are in a national Government, they promise more cuts. On the face of it a good, deal, just one problem, as the saying goes, beware of Greeks baring gifts, A) It is a faint, B) The Greeks will be back for more later, C) The Greeks don’t keep their word. Thus folks lets see if there is enough trust between Athens and the EU, one has doubts.

They want US OUT - Greece

BBC News: Reports that the Greek Finance Minister Evangelos Venizelos has stated that some of the Eurozone Countries want Greece OUT of the EURO. Well that is breaking news folks, how long did it take him to work that out, lets see who wants Greece OUT, well Germany for starters, they are the major contributors to the Greek bailout and they don’t trust the Greeks, as the articles previous Greek economic promises have come to nothing, the German voters has so much WAR GUILT, sooner or later the German voter is going to turn on their politicians for bailing out Greece. It can be postulated that what ever the Greeks come up with, even a wooden horse, they Germans are not going to bite, they want Greece out, and fast, otherwise their cancer might destroy the entire Euro dream. Welcome to the REAL WORLD Greece, what’s taken you so long to wake up.