Friday, August 24, 2012

Greece and the EU


BBC News: Reports that Antonis Samaras the Greek PM has asked for a two year breathing space from the EU when it comes to the austerity package for Greece.

Lets Get Real:

The German Government for its own future would be MAD to agree to any more Greek requests, what ever the Greeks promise when it comes to reform it will not happen, they are playing the clock, they idea being the longer the EU does not throw Greece out then it will be harder when the times comes. The Greek public sector is to powerful, there are political and union interests in slowing down the process, the Germans should say we tried, the Greeks have failed, and do not let the door hit you on the way out. This Greek economic crisis seems like a Time Loop, never ending, the same issue, the same problems and no resolution just endless political fudges. The Greek gift is the destruction of the Euro, time to bite the head of the snake and smash that Greek gift.

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