Monday May 28, 2012

Race to fix Greek debt relief gathers pace

World ( 2 )

Picture expired.
A woman walks by a poster showing a euro coin at a bank branch in Athens AFP

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

A woman walks by a poster showing a euro coin at a bank branch in Athens Greece's Finance Minister Evangelos Venizelos speaks during a press conferense in Athens Greek Prime Minister Lucas Papademos (L) listens to an aide during a press conference in Brussels Monday European Council President Herman Van Rompuy (R) and European Commission President Jose Manuel Barroso French President Nicolas Sarkozy German Federal Chancellor Angela Merkel French President Nicolas Sarkozy following the EUsummit in Brussels Monday German Federal Chancellor Angela Merkel in Brussels on Monday Greek Prime Minister Lucas Papademos (L) listens to an aide during a press conference in Brussels Monday French President Nicolas Sarkozy following the EU summit in Brussels on Monday German Federal Chancellor Angela Merkel in Brussels on Monday

Back to top

Order by Time Order by Popularity

2 Comments

Login to comment

  • 0

    Madverts

    Heh, nice photo of sarko. The media is really tunring against the prez which is kinda poetic justice as he was the first French leader to open up the media à l’Américaine.....

    The Greece problem isn't going to be fixed because the Greeks refuse to tackle the problems of the black economy and political corruption and general laziness.

    The recent German proposal for Greece to relinquish soverignty over the budget seemed reasonable, albiet battering egos in Athens.

    This should be run as a business. When a business shelters under the courts as Greece are doing, the tribunal takes control of the finances, and if there's no light at the end of the tunnel, assets are seized and sold to pay the debts.

    I know that sounds pretty radical, but Euro decision-makers need to get serious about Greece because Greece isn't serious. Either that, or boot them out of the Euro and brace the dam.

  • 0

    Madverts

    (Sorry, that was early morning armchair economics)

Back to top

Login to leave a comment

OR

Follow us

Facebook
Twitter

More in World

View all

View all