“We found a priest, let’s bury five to six.” That’s a Greek expression pointing to chances that shouldn’t be missed. Like in case of idiots, who are willing to take one bailout after the other. The Greek government. And the Troika willing to load Greeks with loads of loans that not even my cat’s great-great-great grand children will be able to pay back.
German finance minister Wolfgang Schaeuble said Tuesday that Greece will need a new aid [euphemism for ‘loan’] program in order to reach its debt sustainability targets. At the same time, Schaeuble ruled out a second debt cut. Schaeuble did not tell this to Greeks or the international press but to his own German voters.
Yes, a debt-ridden country ruled by incapable politicians is being misused for elections campaigns of foreign countries. There is no dignity left here – we’ve been sold out up to the last dust grain in the hidden corner of our seized and confiscated country …
German Finance Minister Wolfgang Schaeuble said Greece will need a new aid program to reach its debt sustainability targets, while ruling out another debt cut.
Speaking at an election event in the town of Ahrensburg near Hamburg today, Schaeuble said the first debt reduction for Greece was “unique” and won’t be repeated even as the country’s economic situation remains difficult.
“There will have to be a program for Greece once again,” Schaeuble said in a speech to around 150 party supporters of his Christian Democratic Union. “That’s been said a long time ago. The public, the Bundestag have always been told.”
Schaeuble’s comments, made less than five weeks before German federal elections, are his clearest indication yet that the euro region will eventually resort to the “further measures and assistance” for Greece that were agreed in principle by the bloc’s finance ministers in November last year.
“The Greeks need until 2020 until they have re-established debt sustainability according to the calculations we made then – – and they weren’t overly pessimistic,” Schaeuble said. “We will have to help them again so that they don’t have to pay such high interest rates for this maturity.” (bloomberg)
I think I remember it was claimed that the next ‘aid’ loan would be some 50 billion euro.
PS the only thing sustainable in this country is malakia…
I’m so happy I can post again. I have been stumped off and on for over 3 months on the spam protection error… But, now, back to this new aid plan. What about the Obama/Samaras meeting? Was there any support coming from the USA? I’ve heard Greeks and others online saying that the US could assist in harvesting Greek Oil but not sure if that’s just cafeneio talk?
till Greek oil is ripe to harvest all Greeks will be dead (and unburied due to lack of funeral money – my morbid humor is back. UFF!)