YOUTUBE / ALJAZEERA 1:49
Rumors persist...especially in Germany...that Greece will soon be bankrupt...and forced to leave the eurozone.
In Thessaloniki...some 100 arrests followed yet another austerity demonstration...with police using tear gas.
But there PM George Papandreou dismissed euro exit rumors...with a dire warning.
"These scenarios are not serious...an exit from the euro would create a domino effect which would lead to the break-up of the euro zone."
To Read rumors of "German bank ring-fencing":
An economist observes that "Fatigue is setting in. Germany could be a first mover or other countries could be preparing too..." to let Greece exit.
http://www.bloomberg.com/news/2011-09-12/germany-readies-surrender-in-fight-to-save-greece.html
Popular Posts
- VENEZUELA: China Will Help Finance 3 New Power Plants For $520 Million In Oil.
- POLAND: Palikot Already Stirring The Parliamentary Pot...With Request To Remove Crucifix.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BRASIL: The Drug Crack Invades Slums...So-Called "Cracolandias."
- COLOMBIA: Santos OKs Destruction Of Rebel Houses.
- HONDURAS : 4 Nov. UPDATE: 176 Police Arrested For Corruption; Lobo Sacks His Top Cops...Sends Troops Into Sula, Tegucigalpa.
- ITALY : Death And Disaster In Genoa Port; Cargo Ship Takes Out Control Tower; 7 Dead, 4 Injured.
- MEXICO : 09 May UPDATE: Gas Tanker Explodes On Ecatepec Highway, Killing 24, Injuring 36.
- CHILE: Navy's Touring Tall Ship...Has Sordid Past.
- GUATEMALA : Background Details In Rios Montt Indigena Genocide Trial.
