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« Lunchtime Links (17 Articles, February 19, 2010) | Main | U.S. Headed Toward Bankruptcy, Says Top Budget Committee Member (Must See Video) »
Thursday
Feb182010

DEBT FIGHT: Greek Leaders Attack Germany over WW II Occupation As Crisis Continues

This illustrates the problem with the common currency union -- deep down Europeans still harbor resentment and anger (they hate each other) over WW II.  There is no way the Euro holds together over the next decade.  Way too much stacked against it.

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Axis occupation of Greece during World War II  >>

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ATHENS, Feb 18 (Reuters) - Greek opposition lawmakers said on Thursday that Germans should pay reparations for their World War Two occupation of Greece before criticising the country over its yawning fiscal deficits.

"How does Germany have the cheek to denounce us over our finances when it has still not paid compensation for Greece's war victims?" Margaritis Tzimas, of the main opposition New Democracy party, told parliament.

"There are still Greeks weeping for their lost brothers," the conservative lawmaker said during a debate on a bill to clean up the country's discredited statistical service.

Chancellor Angela Merkel's government has so far deflected appeals to promise aid to heavily indebted Greece, despite fears that failure to help Athens could threaten the euro.

Merkel's stance is backed by opinion polls showing that a vast majority of Germans oppose a bailout, and Germany's biggest selling daily Bild has lambasted Greece as a nation of lazy cheats who should be "thrown out of the euro on their ear".

But Greek lawmakers from three left-wing and conservative opposition parties said Germans had no right to claim the moral high ground.

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Reader Comments (8)

Feb 18, 2010 at 11:00 PM | Registered CommenterDailyBail
LAS VEGAS (AP) - President Barack Obama is unveiling $1.5 billion in housing help, a boost timed to his appearance in the city with the worst foreclosure crisis in the nation.

Obama's move, detailed by aides in advance of his town hall here Friday, is the latest by a White House determined to show it is helping families rebound from a deep recession. The downturn is taking an election-year toll on Obama's party as voter frustration builds.

Obama was to announce that housing finance agencies in the five hardest-hit states in the housing crisis will receive $1.5 billion to help spur local solutions to the problem. Those five are Arizona, California, Florida, Michigan and Nevada.

http://apnews.myway.com/article/20100219/D9DV7SS00.html

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Spur local solutions...wtf does that mean...?...foreclosures are not the problem...we need more and in a hurry...the only way the market returns to equilibrium is for subsidies to stop...
Feb 19, 2010 at 10:43 AM | Registered CommenterDailyBail
Fed probe urged on cancer chemical in Marine water

http://apnews.myway.com/article/20100218/D9DUR4V80.html
Feb 19, 2010 at 10:44 AM | Registered CommenterDailyBail
"How does Germany have the cheek to denounce us over our finances when it has still not paid compensation for Greece's war victims?" Margaritis Tzimas, of the main opposition New Democracy party, told parliament."

No wonder they named an alcoholic cocktail after her. This Greek Cuntess named Tzimas is probably ALSO still bitching about the First Punic Wars as well. Some people just CAN'T seem to let bygones be bygones.
Feb 20, 2010 at 4:25 AM | Unregistered CommenterRecoverylessRecovery
As for the survivability of the EU; if the more fiscally-responsible Nordic countries manage to eventually cut themselves FREE from the economic deadwood represented by the financial flamboyance typical of the Mediterranean cultures of the PIIGS, the EU would not just 'survive' ..it would THRIVE.

Leaving the re-defined EU as the sole contender left to effectively dispute China's rising global supremacy while the US dwindles into Paraguayan irrelevance.

Buenas noches amigos.
Feb 20, 2010 at 5:22 AM | Unregistered CommenterRecoverylessRecovery
Recoveryless, I hope you get cancer that you never recover from. Fucking nazi.
Feb 23, 2010 at 4:11 PM | Unregistered CommenterGreekGuy
Greek...Recoveryless is most likely too young to get cancer, he is in high school. He is not worth a instant of wishes however understandable they are.
Feb 23, 2010 at 4:36 PM | Unregistered CommenterDB's Ignored Conscience
http://www.zerohedge.com/news/2015-03-15/shocking-ecb-has-now-doubled-its-lending-greece. In the comments section of this article, there is the mention of keeping the slaves fed to pick the cotton. I read somewhere that it was much cheaper to have paid help than to have slaves, as there were no costs to house them and to keep them in good health. You just pay them an amount that kept them just about water level with the illusion of being able to climb out of their shit hole.
Mar 15, 2015 at 9:56 PM | Unregistered Commenterskinflint

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