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Greece bailout saga strains German patience
Guardian UK ^ | 26 February 2015 | Ian Traynor

Posted on 02/27/2015 1:45:56 PM PST by Lorianne

The German parliament is expected to agree to extend the eurozone’s bailout of Greece on Friday, capping a tumultuous first four weeks in office for the anti-austerity government in Athens. The next four months will be crueller yet.

That will be clear from the debate in the Bundestag in Berlin. Although Chancellor Angela Merkel has never been outvoted in five years of policy decisions on the euro crisis and need not fear defeat on Friday, the endorsement will be grudging and will reek of suspicion of the Greek prime minister, Alexis Tsipras.

At least 25 of Merkel’s 311 MPs will oppose or abstain on the Greek rescue vote, in the largest act of dissent on Greece that Merkel has seen from her backbenchers.

Patience with Greece is running out in Berlin. It is also turning to exasperation because of what is seen as the intemperate tone of Tsipras and his team.

“There can be no reward for cheek,” said the bestselling Bildzeitung tabloid on Thursday under a one-word banner headline of “Nein, no more billions for greedy Greeks.”

(Excerpt) Read more at theguardian.com ...


TOPICS: Business/Economy; Foreign Affairs
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1 posted on 02/27/2015 1:45:56 PM PST by Lorianne
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To: Lorianne

If the Greeks can put some misery on the EU bankers and take them for a ride, GOOD FOR THEM!!!


2 posted on 02/27/2015 2:00:08 PM PST by grania
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To: grania

Make the Greeks stop borrowing. Let the takers become makers.


3 posted on 02/27/2015 2:16:21 PM PST by Paladin2
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