Monday, January 26, 2015

What NEXT for Greece - Greek Crisis

BBC News: Reports " The far-left Syriza party, the winner of Greece's election, has formed an anti-austerity coalition with a right-wing party, the Greek Independents. "

Lets Get Real:

The EU,IMF, and Germany have a problem, to they cut off Greece and see it fall out of the Euro or do they pay for the political promises of the left wing Syriza Party, if they fold then other Countries will ask for a better deal, Ireland, Italy and Spain.   The Germans for once will have to stand tough, will German tax payers pay for the promises of political party in another Country, this blog has it doubts.   THE watch word has to be austerity for the EU, if the EU just prints money it will cause a backlash in in inflation.   Time to tell the Greeks, thanks but no thanks for the git of your election. 

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