Germany - no debt haircut for Greece but bailout extension an option

reuters.com ^ | January 28, 2015 | Reuters

[Berlin_Freeper]

The German government stuck to its view on Monday that a third haircut, or debt restructuring, for Greece was out of the question but opened the door to a possible extension of Greece's current bailout programme.

[Berlin_Freeper]

Greek Far Left is already walking it back. Looks like somebody lied to gain power - LoL!

http://www.bloomberg.com/news/articles/2015-01-28/tsipras-plans-to-avert-catastrophe-as-greek-markets-sink-further

[Berlin_Freeper]

Red Spring in Europe was short lived.

[Berlin_Freeper]

Virtual reality meets reality.

Greece's new finance minister Yanis Varoufakis is Valve's former Steam Market economist

[Berlin_Freeper]

Greece will not default - PM Tsipras

[kearnyirish2]

I can’t imagine the youth discontent in Europe at this point (or even in the US, for that matter). To know that your future is so bleak, while prior generations are enjoying a lifestyle you’ll never have (but have to fund), must be grim.

I don’t think it is any coincidence that euthenasia is becoming much more accepted...

[Berlin_Freeper]

Who blinks first?

Greece will not default - PM Tsipras

[Berlin_Freeper]

"The Greeks have to bear the consequences of their own actions and can't saddle the German taxpayer with them"

[Berlin_Freeper]

Germany achieved a balanced federal budget in 2014 for the first time in almost half a century and one year ahead of schedule

[randita]

I can’t imagine the youth discontent in Europe at this point (or even in the US, for that matter). To know that your future is so bleak, while prior generations are enjoying a lifestyle you’ll never have (but have to fund), must be grim.

What's different about the future the youth face here?

[Joe Boucher]

my son is ab out to graduate university with an MBA in international business.
When he graduates he will owe not a penny for his edumacation.
His future is so bright he has to wear sunglasses.
The youth who’ve pursued education and excelled will have no problem.

[gr8eman]

I cannot believe they don’t have a surplus. Name one thing (Including having a car stereo, Home radio, and TV) in Germany that is not taxed!

[Buckeye McFrog]

Every Argentine candidate who wins an election promises to do this.

Thusfar none of them have.

[Berlin_Freeper]

This reminds me I can now watch Netflix in Germany.

[kearnyirish2]

Absolutely; it is a Greek problem.

[kearnyirish2]

I don’t think there is a difference; that is why I included them in the comment.

[kearnyirish2]

Good for him; I wish him well. I’d be looking over my shoulder at the thousands of bilingual Red Chinese MBAs...

I think more young people would invest the time & money in education if they didn’t know the rug was going to be pulled out from under their feet when they cost too much.