24 June 2012

GERMANY / GREECE / EUROZONE : FinMin Schaeuble Tells Athens To Stop Begging And Delaying.


       No mister nice guy for German FinMin Wolfgang Schaeuble.
      Acting like Oscar the Grouch...or Wolfgang der Griesgram...without slightly sugarcoating it...he told Athens : 'The most important task facing new PM Samaras is to enact the program agreed upon quickly and without further delay...instead of asking how much more others can do for Greece.'
       The new 3-party Greek coalition has promised to renegotiate the E130 billion bail-out...seeking a 2 year extension to cut the budget deficit.
       The delay would require E20 billion more in aid.