Showing posts with label failure of greek austerity plan. Show all posts
Showing posts with label failure of greek austerity plan. Show all posts
Aug 20, 2013
May 12, 2012
"Germany Pays to Save Greeks" and Other Bedtime Stories
Former Greek prime minister George Papandreou says that when he asked German Chancellor Angela Merkel for gentler conditions in 2010, she replied that the aid program had to hurt. "We want to make sure nobody else will want this!" Ms. Merkel told him.
Also read the very detailed and lengthy report on how the austerity plan has failed on the Wall Street Journal.
Also read the very detailed and lengthy report on how the austerity plan has failed on the Wall Street Journal.
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