BBC News: Reports on the failure by the Greek Political Parties to form a Coalition Government, there will be new elections either on the 10th or 17th of June.
Lets Get Real:
Thus folks it will be down to the birth place of Democracy to decide the fate of Greece in the Euro and in the EU. The Greeks have two simple choices, either follow through with the agreed deal between the Greece and EU/IMF/ECB when it comes to austerity or leave the Euro. The EU should not fudge, it should make clear to the Greek people that it does not matter what their local politicians say that is the choice they have, there is no way that Germany will blink and say they will just give more money for Greece and Athens does not have to pay its debts, the German Coalition Government would fall, also it might be against German Basic Law, the Germans recall the fate of the Weimar Republic, that fell due printing money and high inflation.
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