Tuesday, May 11, 2010

'We are once again the schmucks of Europe!' German anger at Greek bailout...

German anger at the 750billion Euro Greek bailout is swelling as world markets slid after initial excitement at the bailout fizzled.

The headline on the front page of Germany's biggest newspaper, Bild, summed up the national mood, declaring: 'We are once again the schmucks of Europe!'

(...)

There are rumours that the right-wingers in her conservative CDU party are plotting a coup against her - rumours strengthened by the visceral distaste for her latest largesse in trying to prop up the common currency.

'The biggest 'all-in' in the history of poker,' was how Henrik Enderlein, economics professor at the Hertie School of Governance in Berlin, described the massive aid package assembled on Sunday night in an effort to save the Euro from collapse. Full story...

Don't miss:

  1. Get up early and work harder, Germans tell Greeks!!!
  2. No tax please, we're Greeks! Corruption in Greece...
  3. Anger in Greece as a new age of austerity dawns.
  4. Celente on the Greek riots and the coming global crash...
  5. Kanellos the Greek dog that takes part in protests!!!

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