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Greece debt crisis puts Germany's Merkel under pressure - BBC News
Of all of its creditors, Greece owes Germany the most - €68bn (£49bn; $75bn). // should compromise and change Germany internal debate whether we want to see 70% of our money or non at all in case of a Grexit in the next 5 years because Greece can no get back to economic growth and a real nationalistic and populistic elected gov that make Syriza look pale in comparison does elect to exit Euro voluntarily. Short sighted ideological national interest will bring worse than they can imagine - destroying the european dream and damaging europe as a whole as economy long-term (ie deflationary pressures ECB fights with more money, instead with political long-term resolution in the interest of THE EUROPEAN UNION, SOLIDARITY, they already did since GFC with their dither strategy, putting plasters on fault lines. Angela Merkel could have become the true Queen of Europe history would have remembered her. But she can only be national career politician & a lab worker (has science degree).
Career  Politicians  compromise  Grexit  bailout  debt  restructuring  haircut  EFSF  IMF  ECB  ESM  Greece  sustainable  sustainability  economic  history  austerity  national  interest  European  Union  policy  folly  policy  error  Angela  Merkel  Sigmar  Gabriel  Wolfgang  Schäuble  Troika  ChristineLagarde  Eurogroup  MarioDraghi  common  sense  common  good  Great  Depression  lost  decade  lost  generation  zombie  banks  short-term  thinking  short-term  view  ideology  dogma  populism  propaganda  Nationalism  media  conglomerate  Lügenpresse  No  Representation  faultlines  structural  imbalance  GFC  recovery  solidarity  manufactured  consent  corporate  state  Gesellschaft  European  fiscal  transferunion  Eurobond  Leadership  vision 
july 2015 by asterisk2a

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