[mainsail that]

"Nevertheless, there is no way around pushing ahead with emergency planning, because the situation could come to a head more quickly than anticipated. The aid for Greece is subject to the Papandreou government fulfilling the EU and IMF requirements. The Greek prime minister is full of good intentions, but his measures have been relatively ineffective so far. Although the government is raising taxes and even introducing new taxes, revenues have fallen short of expectations. Strikes, like the one that was staged last Thursday, are constantly paralyzing public life and the economy.

In other words, it is quite possible that Greece will not fulfill the conditions and thus will receive no aid from the European fund. This could lead to a consequence that European leaders have been trying to prevent at all costs: a total national bankruptcy. And, if the reform package has not been implemented by then, it could end up being anything but an orderly process."

[rawcatslyentist]

That's part of the idiocracy of Marxism.

They act all surprised when the "Eat the Rich" crowd they created looks at them hungrily!

[kenn5]

The Fourth Reich.

[PAR35]

“and force the affected countries to give up some sovereignty.”

In the words of Winston Churchill: ‘The Hun is always either at your throat or at your feet’

[SaxxonWoods]

The plan is good in concept but she will play hell getting anywhere with it. Maybe after Greece falls, the rest will come to their senses. Of course that may be too late.

[ken5050]

can anyone kindly explain the refernece.."..an avowed admirer of the Swabian housewife..."

[NVDave]

I’m going to have to find the German version of this:

“We have to think about how, in an extreme situation, member states could become insolvent in an orderly fashion without threatening the euro zone as a whole.”

Because it makes absolutely no sense, and if this is really what she said, she’s just lost touch with reality.