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Topic: Merkel 'must tell the truth'
over dire situation in Greece,
warns opposition leader |
Merkel 'must tell the truth'
over dire situation in Greece,
warns opposition leader
Daily Express [UK], by Emily Fox
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Original Article
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Posted By:Attercliffe, 10/1/2012 5:54:22 PM
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| German Chancellor, Angela Merkel 'must tell the truth' over the dire situation in Greece, the leader of the opposition has warned. Peer Steinbrueck called for the Chancellor to come clean on the situation and admit that Germany will be paying for Greece's debts for a very long time. He said: "The chancellor must finally tell the German people the truth: Greece will not be able to borrow money on the capital markets in the coming seven or eight years. We will have to help it until then." Steinbrueck launched a tirade over Merkel's dealings with Greece claiming the Chancellor should stop
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Reply 1 - Posted by:
horacer, 10/1/2012 6:10:18 PM (No. 8902861)
His diagnosis is spot on, his prescription isn't. Greece can't take more austerity, the medicine is killing the patient. More free money only makes it worse. Without growth they have no chance and the economy is shrinking by about 10% a year. There's no hope for Greece in the Euro, they have to go. They need a few injections of 'kick in the pants' and capitalism. Start working and stop retiring at 53. Modernize your tax collection system. Cut the VAT. Reward entrepreneurship. Stop whining.
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Reply 2 - Posted by:
stablemoney, 10/1/2012 8:35:47 PM (No. 8903090)
Is there someone in the universe that doesn't know this?
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Posted By: Attercliffe- 5/21/2013 5:31:02 AM
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Posted By: FlyRight- 5/20/2013 7:01:33 AM
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A senior adviser to President Obama mounted a combative defense of the administration on Sunday, saying the controversies enveloping the White House were the result of Republican lawmakers’ trying to “drag Washington into a swamp of partisan fishing expeditions, trumped-up hearings and false allegations.”The remarks came from Dan Pfeiffer, a member of the president’s inner circle, as he appeared on all five major Sunday morning talk shows in an effort to move the administration past what commentators have described as a “hell week” of controversy and missteps.
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