Germany prepared to veto aid and exit Greece from the Euro

Monday, August 13th 2012 - 16:14 UTC

Full article 6 comments

A senior member of Chancellor Angela Merkel's party issued a stark warning to Greece, saying Germany would not hesitate to veto further aid to the country if there were any signs it was not meeting the conditions of its bailout. Read full article

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Englander
Greece would be better off outside the Euro.
So would Spain, Italy, Portugal, Ireland, Cyprus, Belgium and France.
The sooner the better.
Aug 13th, 2012 - 05:21 pm - Link - Report abuse 0
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ChrisR
And Britain would be better of out of the EU.

But why has it taken Germany this long to realise that Greece is the Argentina of Europe?

Take the loans, spend the money, don't pay back the loans. Argentina to a 'T'.
Aug 13th, 2012 - 06:52 pm - Link - Report abuse 0
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briton
we thinks , the germans are just waking up, to brits way of thinking .
Aug 13th, 2012 - 10:15 pm - Link - Report abuse 0
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JoseAngeldeMonterrey
The whole Euro zone is contracting, with Germany growing at 0.3%, the highest in the region.
But the arrogance of German leaders is such that will see Greece destroyed, contracting at 6%, and they won´t do anything.
Not until they see their own economy going negative, and that is going to happen very soon.
Aug 15th, 2012 - 08:34 am - Link - Report abuse 0
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British_Kirchnerist
What a success for austerity, not! And doesn't this show up New Democracy's “stay in the Euro at all costs” scaremongering for the sanctimonious cant it always was?
Aug 15th, 2012 - 05:55 pm - Link - Report abuse 0
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briton
out of europe,
Aug 15th, 2012 - 08:02 pm - Link - Report abuse 0
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