Posted on 02/05/2015 6:33:25 PM PST by Steelfish
End 'Gross Indignity', Greek FM Varoufakis Tells Germany Yanis Varoufakis is in Berlin attempting to renegotiate Greece's debt
Greece's new finance minister has urged Germany to help end the "gross indignity" of the Greek debt crisis.
Yanis Varoufakis said "too much time, hopes, lives" had been wasted by Greece's forced austerity programme.
He was speaking after talks with his German counterpart, Wolfgang Schaeuble, who said a reduction of Greece's debt was off the agenda.
Mr Varoufakis has been seeking support for Greece's plan to renegotiate its massive international bailout.
On Thursday evening, thousands of people gathered in front of the Greek parliament to back the radical leftist Syriza party, which won last month's general election with a pledge to write off half the country's debt.
(Excerpt) Read more at bbc.com ...
Awful demanding for a panhandler.
LMAO.
Maybe Greece has something they can sell or trade to pay down the debt? Hard to imagine it needs charity
You borrowed it, you pay it back. Simple.
The gross indignity is not paying your freakin’ debts!!
Hmm, where to find billions of dollars in Greece. Guess you could start by cutting the cradle to grave health program in half, then end taxation and support of churches, then chop public employee retirement to a maximum of 50% of salary, then end all elected officials retirement programs, and then cut direct cash payments to the poor...
Oh, right, these are the things they want to save. Well, guess the next choice is to make public transport only half subsidized... Gosh it stinks when you run out of other people’s money.
I don’t feel too bad for Germany and the EU, after all they helped them cook the books in the first place.
What did you expect when their finances had to be faked to enter the EU in the first place?
Kick that deadbeat pretender
to the curb, Wolfgang.
WE’re #1! USA USA USA!
Exactly, they spent money they didn’t have for years and now they demand that they be allowed to continue to overspend.
Perhaps it is time to walk away from Greece and let that country be left to its own devices. No more loans, write down the debt and move on. More credit more debit and default postponed. Even George Soros said Greece should not have been admitted to the EU!
Wait till our tab gets called.
“Exactly, they spent money they didnt have for years and now they demand that they be allowed to continue to overspend.”
Kind of like American voters.....
If you go to Greece (I’ve been there twice)....you come away with the opinion that they only have two things to market....tourism and agricultural products. Maybe in the 1950s to 1970s....they had some ship-building and a few small industries. Today....there’s nothing much. They absolutely depend on tourists to come in...stay at nice hotels...spend money...and return because it is a great vacation spot.
My impression is that the fair amount of tourism profits hyped up Greek society in the 1960s and they found eager banks to loan the government money to build more infrastructure. This relationship with various banks simply got them further and further into debt. They never grasped the pay-back situation growing and expanding. Toss in high salary levels for teachers, government workers, and events like the 2000 Olympics...they simply were bankrupt (probably for two to three decades).
Fixing this? I’d just quit the Euro....accept the status of a poor country (similar to Romania)...let the teachers get by with half of what they make now, and go to a third-world infrastructure plan for the future.
“Beware of Greeks bearing gifts” - Cassandra
i’m for greece. the soros, legarde, new world order gang are very afraid of this. btw, germany still owes greece hundreds of billions for what they looted in ww2. not to mention the mass rape and murder.
Greece's new finance minister has urged Germany to help end the "gross indignity" of the Greek debt crisis.Only way to end that is to pay up.
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