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German Parliament Approves Greek Bailout After Schauble Makes It Clear Germany Remains In Charge
If Bild's expectation that its "Nein to more Greek bailout" campaign would lead to a near unanimous vote in the Bundestag for a Greek bailout, then it achieved its goal when a massive majority of lawmakers, some 542 of them, voted in favor of giving Greece the prenegotiated 4 month extension to its current bailout. Still, as many pointed out, of the 32 votes against, a record margin for a euro vote, or 29, came from Merkel's own CDU/CSU block. This was up from 13 voting against the second Greek bailout. Indeed, as the Guardian's Ian Traynor summarizes "Merkel's biggest majority on Greece but also biggest rebellion in her ranks while linke votes for Syriza pals, also a 1st."
As a result, FT described the post-vote situation as one where Merkel has suffered "substantial rebellion" within her own ranks:
Germany’s chancellor Angela Merkel faced dissent over her eurozone rescue policy on Friday after 32 legislators voted against extending Greece’s bailout.
While the four-month extension passed with a comfortable majority of 542 out of 587 lawmakers in the Bundestag who voted, there was a substantial rebellion within Ms Merkel’s Christian Democratic Union and sister party the Christian Social Union. There were 13 abstentions.
Dissent in the Bundestag has swelled since the vote over the passage of the second Greek bailout in 2012, when 13 members of her Christian Democratic bloc and four members of coalition partners, the Free Democrats, voted against.
In any event, perhaps some lubrication to the strong Yes vote came from the German finance minister who made it very clear that despite all the pompous rhetoric from Varoufakis, Germany remains in charge:
- SCHAEUBLE: GREEK PAYMENTS WON’T BE MADE WITHOUT GERMAN APPROVAL
... just in case there was any doubt if Greece may be on route to finally regaining its fiscal sovereignty. He continued, taking a poke at the Op-Ed written by Varoufakis two weeks ago, and the reference to Immanuel Kant:
Finance Minister Wolfgang Schäuble had earlier told MPs that he was not asking for a "change" to Greece's bailout programme, but an extension "to successfully bring it to an end". He added that while there was flexibility in the programme, Greece could not make changes without the consent of its European partners.
And he said that many European countries had lower minimum wages and living standards than the Greeks.
"The Greeks should think about that when they call for solidarity," he said.
Taking flight into philosophy, Schäuble called on his colleagues to remember that Germany is "the land of Immanuel Kant". "When we come to a reasoned decision, we should think: what would happen if everyone made this decision?"
Since Germany was better off than many other countries, it should bear some of the burden of solidarity, he said.
As the Local.de adds "the speech served to illustrate the balancing act the German government is performing, standing as it does between the need to keep Europe and the single currency together and irritation with what it sees as unreasonable demands from the new Greek government. Other European countries share Germany's tough attitude, but tough talk from Europe's effective paymaster has sparked bitter exchanges with the hard-left government of Prime Minister Alexis Tspiras since elections last month."
Following the Bundestag approval, Greece now has until the end of June to satisfy its lenders, and receive the final payment from its bailout programme, worth €7.2bn. That programme was due to expire on Saturday, until the eurogroup and Greece agreed a four-month extension last week. This vote doesn’t actually unlock any more money, though, which is a problem for the Greek government which may have stopped the bank run and the deposit flight, but as a result of massive tax undercollection, the government itself has no money left, and needs yet another, third, bailout.
This will certainly not please ordinary Germans, because while the Bild campaign achieved nothing in the Bundestag, the German people are quite happy to let Greece drop dead:
Schäuble urged fellow conservative deputies to back the bailout reprieve on Thursday despite his "disbelief" at renewed comments from his Athens counterpart.
That disbelief is shared by the public, just 21 percent of whom agreed with the idea of continuing to help Greece in a poll this week.
"No more billions for the greedy Greeks!" demanded mass daily Bild on Thursday, printing a huge "Nein!" (No), which it urged readers to hold up for selfies, some of which it published on Friday.
This means that when it comes to the broader population, the impact of the tabloids is far greater than that of the high-brow, statist publications such as Spiegel, which countered with its own "Yes! Yes! Yes!" campaign:
A contrary "Yes! Yes! Yes!" was the response in commentary on news site Spiegel Online. "We need ... a loud 'Yes' to the euro, to Europe and to the legacy of Helmut Kohl," it said, referring to Germany's ex-chancellor, a driving force behind European enlargement and integration after the fall of the Berlin Wall.
So with that the can has been officially kicked... to next week, when as reported yesterday, Greece may decide that the farce has gone on lone enough, "delay" a debt payment to the IMF and finally be in default, some 5 years long overdue.
As for today's big question: will Tsipras follow Germany, and allow his own government to vote on the bailout extension:
Failing to put bailout extension deal to Greek parliament would be unwise and undemocratic #tripras
— Hugo Dixon (@Hugodixon) February 27, 2015
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let the games continue Bitchez
Hastily added......would you fries with that?
Nein.....means yes.
Great. Now we have official insanity.... I feels better
Apparently Germany hates money.
My first impression was apparently Germany hates freedom.
It goes like this:
The United States has about 3,800,000 square miles of land and 535 lawmakers.
Germany has only 137,847 square miles and 574 lawmakers, and apparently they're mostly all in on the facade.
Can we just stop with the Greece drama. It's over. The can has been kicked for 4 months and in 4 months it will be kicked again. It's all Bullshit!!!
Until it's not.
Could not agree more stocktivity. I am starting to think that this fiat game will never end, ever ever, at least not in my lifetime. I'm sure there are legions of folks that said the same thing decades ago and then passed on, all the fretting and worrying for naught.
I'm not saying that I am at the point of just shutting off my awareness to all that is going on around us, and am not going to take steps to prevent as much pain as possible, but with that said...........it's time to step away from this website and others for a little bit and re focus on some things that may have been neglected up to this point.
I got caught up in all the hype back in late '07, when so many were screaming that the sky was falling. Then in '08 things got bad for so many and I was thinking it was just a matter of time before it got ugly for us. Then '09..............and here I am posting early '15, and am no worse off, actually better off than I was then. I don't say this to brag, it's only by the grace of God this is the case. If things go south then we will deal with it, but it's time to take a breather and take stock in some things that are of much more value. There are some days I am convinced that some of what goes on around us is not as bad as it appears, rather is made to look bad to keep us all worried, wondering when the sky will actually fall.
I'm keeping my eye open for sure but all this gloom and doom is starting to give me a few grey hairs!
Quasimodo......(just so you know that I up-voted you).
I consider ZH to be generally correct (philosophically speaking) on many economic issues. However, the one thing that too often gets left out of context on ZH is the 'timing'. At the macro economic level, it takes a long time for things to play out. Looking back over history, 20-30-50 years doesn't mean much in the academic sense, but if you are actually LIVING during those years, it is a long time. While the US economy has structural problems that I believe may cause a major downturn eventually...(unless they are addressed with more vigor than I suspect the population is capable of)....this relative state of 'badness' could go on for a long time, and quite possibly go into an 'economic swamp' where things don't get better, but never really collapse either. Meanwhile, we have to live, pay bills, raise our kids, and find a bit of fun here-and-there.
Your statement "keeping your awareness" if particularly appropriate. One has to remain aware, take reasonable steps (if such steps can be taken), try to change things as best you can....AND continue to live your life. If I acted on every doom prognostication from ZH...or anywhere....I would be broke.
- I trade and make my living according to what is actually happening now.
- I prepare for what may actually happen in the foreseeable future
- I keep an eye on what I WANT to happen or what SHOULD happen if the economy was actually running they way I thought it should.
Don't allow folks to mix up these three (often) different things.
Orwell, very well layed out and appreciate the perspective.
Germany has a lot more than 574 and the US has many more than 535. Last time I looked at the US Constitution Texas had a State Legislature and California had retained its....but I guess the rest were subsumed into the New Homeland Regime and abolished their political class. Then again the US colony of UK has 635 legislaors for 93,000 square miles but that is forgetting Scotland, Wales and N Ireland Assemblies
You're right. I keep forgetting about that here in the Corporation of the United States of the New World Order.
You live in Germany and you believe in the Shit Hitting The Fan, hard, the way millions of Americans do (and many megachurches preach, I understand)
from a "prepper" point of view, you should try to understand Germans way better, and soon. If SHTF, they are the medium in which you will swim, aren't they? Are you aware of how Germans behave, in crises? Is your German up to the task, anyway?
one little hint: according to witnesses, in the 20th Century Germans were capable of amazing feats of... let's call it socialism. based on Germanic "Tribalism"
I'm eagerly awaiting when you explain to us why Germans behave this or that way, instead of moaning about your incomprehension of their ways
for example, I'd like you to point out that the FDP votes cited by the FT article aren't "government coalition votes", because the FDP is not in the federal coalition of government
I live in Germany. Yes. I believe that the shit will hit the fan, and hard. Yes. I also believe that anyone who thinks the Bund will get back the 20€ Billion they just signed up for, needs their head checked.
You forget Ghordo, my ancestors were Prussian. I have a Prussian last name. Even if the Germans "monkey out" (which I doubt due to their homogenious culture) I will not be on the receiving end. My German is fine, thanks very much.
I should, at this point, remind you of the un-German-ness of pointing out Prussian ancestry, because there is no Prussia anymore, except in names like "Borussia Dortmund"
from a "prepper" point of view, I recommend to speak the local dialect, too. Asking your gf to do such a thing would probably make no sense
I have a complete collection of all Prussian military awards, courtesy of my ancestors, btw. But their memoirs are written in... French, as customary, in those times
a typical Prussian name, for example, could be De Maizière, for example, like this guy's: Lothar_de_Maizière
Prussia as an independent kingdom was eliminated in the 19th century with the creation of the Bundesrepublik Deutschland. That being said, just because the borders change doesn't mean the underlying culture, traditions and customs change/disappear too. The old Prussian mentality is still alive in well in the former DDR. The idea that East Germany will be poor for ever is naive.
I am not worried about the Germans going all tribal again. If they did, I get the feeling they will really go after those with --- ehrm -- a darker complexion than I. Before you forget, if you want to play this silly game, there was the world-wide "call of the Fatherland" which occured in Germany in the mid 30s, where peopel of German ancestry from all over came back to Germany, spoke "Ami" Germany (even back then) and were completely accepted, as they had the ride DNA. If history were to exactly repeat itself (which you are insinuating) -- again I would be ok, eben mit mein "Ami Deutsch"
You are wrong, Ghordo, Prussia still exists.
No, it went down with the demise of Bismarck. Then, not everything "German" is genuine German. Most people forget (or didn't know) that the most prosperous state in Germany, Bavaria, was shaped predominantly by the French at the time of Napoleon (same holds for Swizzerland, by the way, that wouldn't even exist any more without Napoleon's administration reform - but that leads too far).
The take home message, however, is, that taking Merkel and the-guy-with-a-face-of-a-second-hand-car-deadler, Gabriel as indicator, one must come to the conclusion that this once proud country is completely doomed.
Clueless drivel. You are a good example of an idiot who knows a few details but has no clue what they mean.
You remind me the last German Chancelor. He was cited saying "don't confuse me with facts, my opinion is fixed".
And that´s exactly what you are doing here.
Doomed is relative as to who you are comparing it to.
I would venture to say that Germany is less doomed than say the US, UK or France is, however is more doomed than say Norway or Australia.
Yes.
.
German culture is "homogenous" ??????? I am really wondering when I look at Berlin, Cologne, Offenbach, Dortmund, Duisburg, Essen......
I also live in Germany and have the sneaking suspicion that Germany wants out of the Euro and has decided the way to do this is to bully the Greeks into leaving the Euro and blame them for the mess.
Now we have official insanity.... I feels better
We're pretty sure it's gonna work......this time.
Thanks for the positive attitude....that's really helpful.
PS....screw you FCC.
if you ask a greek to bend over and pull down his or her pants it says I LUV GERMS across their cheeks. ram it home baby, we own your ass...
So it was unofficial up till now, I feel a whole lot better now.
Glenlivet please...two fingers, one cube of ice. Yes, I know it's early!
Enjoy a side of onion rings with the double shitburger
This is not the most important issue today. The biggest topic for Americans today is what color is the dress; blue & black or white & gold?
It's a big topic for the Germans too!
http://www.bild.de/lifestyle/mode-beauty/kleider/spaltet-die-welt-399502...
This isn't an 'issue', this is a fucking hostage crisis.
I could give a rat's ass about Greece being in the euro or out of the euro. They need to default already and stop plugging up the newswire and give Tyler something else to post about
Facts:
11m citizens
300BILLION in national debt
Unemployment: 25% of the eligibile working population. with 50% participate rate.
-------------------------------------------------------
2m Greek citizens who are working.
That leaves a mind boggling $150k in debt for EACH working citizens for JUST NATIONAL DEBT. THEY WILL NEVER PAY THIS BACK JUST LET THEM LEAVE the Euro ALREADY!!!
Yanis the giant killer. Greece wins, not much said, German politicians celebrate the loss.
Yawn.
"Greece may decide that the farce has gone on lone enough, "delay" a debt payment to the IMF and finally be in default, some 5 years long overdue."
that's a decision for the 300 freshly elected Members of the Greek Parliament, isn't it? btw, there are further EZ parliaments that have still to vote on
I still maintain that the whole debt repudiation thing is mostly rethoric from all sides, including the "markets". the real issue is budget, and will continue to be so until 2023, when the EZ loans start to ask for interest
is a Radical Left government willing to balance it's budget? is the majority in the Greek Parliament willing to support such a fiscal move?
here btw the speech Varoufakis gave on the matter, and why he does not support the idea of leaving the EUR while loving the idea of a default, straight: https://www.youtube.com/watch?v=1KSmcUyAZwU
note: a Finance Minister that talks about debt (particularly debt that does not pay interest yet) and yet not one word about... budgets
in order to make the Syriza Gov happy, the debt would have to be defaulted now, instead of being "restructured" in the years leading to 2023. Now, that would take a lot of wind out of their sails... and yet still not answer if they are willing to spend only what they gather in taxes
is it too much to ask for? you tax me, I only ask you not to make further debt. you want to be able of "buffering eventualities"? well, I, as your citizen, have to save for that. try it, for once
You implied the nail on the head.
Because the Greeks don't want to talk about budgets, the Greeks will never be able to spend the way they like without direct and constant debt monetization. Therein lies the problem -- the "no bailout clause" which apparently doesn't mean anything anymore.
Herein lies the rub, because the Greeks will never get their spending and revenue issues in order, they will forever remain in a state of crisis like this as long as they remain a member of the EUR, because, as slutty as the EUR is, its principles are more fiscally disciplined than the Greeks are.
Thus, the Greeks can either do one of two things;
1) Make a lot of noise but do nothing.
2) Leave
Thinking there is a third solution to the Greek crisis is nothing but fantasy.
of course there is a third option: this Greek gov going to balance budgets, the Greek parliament to grumble but go with it, and until 2023 have so many debt restructurations that it equates to a default
in short, a sensible "kick the can but ensure some sanity" strategy
Ok, so as I said -- there are only two options.
you lost me at 'balance budgets' - quaint old term there
"I don't expect you to talk, Mr. Bond, I expect you to die."
- Goldfinger
It's "Gold...Fin-gaaaahh!"
Schauble should be thanking Greece for taking the bait when they were on the verge of going bust a few years ago. If the stupid Greek government had not accepted the bailout (which was in effect a bank bailout), then the whole bloody mess would have exploded and we would now be focusing on reality rather than propping up a series of fantasies.
Excellent.
But you hit the nail on the head. Many people in Europe, regrettably not only are personally and financially invested in this fantasy, but look at it almost as a religion. e.g., -- in order to support it -- it requires, many times, the complete expulsion of logic from their thought processes.
and many people in Britain are personally and financially invested in the fantasy that the EUR must crash/burn/die, somehow, and some of those Brits are even in the eurozone, having decided to pension themselves based on Pound earnings, and are still flabbergasted that one Pound is not now three times more worth then one EUR
some of them even post here, from Cyprus, btw, which has a British military base and allows now Russian navy vessels in it's ports, all while Cameron is sending military advisors to Ukraine
there are many "religions" out there. including the "The Shit Will Hit The Fan, Hard, Soon"
how long are we discussing that Greece will leave the EUR?
Sure, of course you're right. We all drink some form of cool-aide. A co-worker of mine called what I do "voodoo" because it might have some basis in reality, but it might not, and if it does it is so abstract that its almost impossible to verify.
I've drunk the coolaide in this way (at least from my point of view) -- I believe that the EUR and the EMZ is a mistake, as you are attempting to force nations into sharing things that they have no business sharing. I do not believe in the "All Europeans are one people" nonsense, and thus when you cram different cultures with mutually exclusive values into a single entity -- its only a matter of time before you start seeing stress cracks, which lets some pressure out for a while, but quietly behind the scenes, the pressure is building, until one day it will explode in all directions.
You've drunk the coolaide (at least from my point of view) in that you believe the EU and EMZ are on par good ideas, and will at the end of the day abide by the treaties -- for better or worse. You have a very "continental" view of the "law."
Regrettably for both of us, the people running the show have drunk a much more toxic form of cool-aide. Think Jonestown flavored kool aide. These people really do believe that "All Europeans are One People." Due to this, they believe they can consolidate & centralize power away from the nation states into a central entity, and it will work. These people refuse to acknowledge the inherent cultural problems in the system (driving me nuts) while simultaneously ignoring the rule of law as laid out (I assuming driving you nuts) in the Treaties to further consolidate their power and achieve their goals.
Luckly for both of us, the group in charge has drunk the koolaide to such an extent -- that it will be their downfall. They are going about this much too fast, without the democratic consent of the populations (see Dutch, Irish and French referendums), while ignoring the swelling masses of peopel voting for anti-austerity/EUR/EU parties, while pretending everything is going great. Their greed, much like Hitlers, will be their eventual downfall, which in my opinion (as it should be in yours) cannot come fast enough.
(TBF - I am a EU fan if you take the EU back 15 years and split the EMZ in half)
so europeans take such pains in dividing treaties in several spheres - trading, regulatory, monetary and military - and you feel that this "All Europeans Are One People" blabla has to be listened to?
even Germans aren't One People, but Many Peoples. The German Federal Republic is less monolithic then the US, for criminy. IMHO that AfD stuff is the strongest Koolaid you can drink, at the moment, followed by that strange flavour of "Europeaness" that you seem to hear around you. I sometimes think you misunderstand many points, but that's me
Ghordo,
There are many people on this website who share the same opinion as I do -- when people bring up points you cannot refute -- you change the subject or say something ridiculous to take the conversation in a different direction.
That being said your reply further confirms my assumptions of the flavor of koolaide you drink. While you can sit behind your keyboard, and type until your little heart is content about "treaties being observed" and "limited by the treaties" -- the fact remains that the treaties are used to advance the integration process, until they become a hindrance to the process at which they are either ignored (TFEU 125) or amended (where treaty ratification no longer require unanimous support e.g., Lisbon & Ireland). While you are very keen to highlight how the treaties function, you habitually fail to address -- much less acknowledge the abuse of the treaties to further the integration process.
As I have said before -- you are a really informed and clearly intelligent guy. You have lots of experience behind you, but your inconsistency when applied to your positions makes you hard to discuss things with on an intellectual level.
AfD is a response. It stems from the problem in German politics that one cannot be anti-EUR without being promptly labelled a Nazi. Its a problem with the politically correct culture here, and I see it persisting for some time until the EUr eventually bankrupts Germany as well (which it will if this is allowed to continue on in perpetuity). If, for example the FDP would adopt an anti-EUR policy, I imagine the AfD would cease to exist within a few months. The PC culture here in Germany is toxic. It isn't as bad as it is in the UK, which is a culture-ending level of PC, but thats a different discussion for another time. However, when 33% of the country wants the DMark back tomorrow, yet only 4% of the country votes for a political party to do it, you can see there is 29% of the population who refuse to vote for something they believe in strongly, for one reason or another. If you have a different explanation for reconciling these two numbers I am all ears.
haus, you sound like a great person, keep chipping away at mr G. i have come to the opinion that mr G is paid by EU to keep the faith, maybe a gray man in brussels sitting in a offical office of some type, although he claims to be in business, in eu as well as greece. Like his historical perspective, writes very well at times. better he is here then not.
Ghordo, the Germans are not only one people, but live in many more countries/states other than the Federal Republic of Germany. There are between 100 and 120 million Germans here in central Europe.
If we could only get them all back to Germany -- Germany's demographics black hole would solve itself.
Most of them ARE in Germany, since Germany is much more than the territory of the Federal Republic of Germany. All those different German states were forced upon us Germans by others. But why not take advantage out of that? That´s one of the beauties of the EU, those frontiers between states don´t matter much anymore.
I am 100% certain he has something to do with the expirment. Back in 2012 he was making calls ahead of time that proved to be 100% accurate. He disappeared when it looked like the Greeks were going to give Schäuble the finger and drop the mic this past month, and literally the day before the Greeks decided to play ball he shows back up again calling all of us morons who thought Greece was leaving.
I am quite confident that if he was to ever out himself we would all recognize him immediately. That being said -- sometimes when I can find a great high-res shot of the EURParl from behind I'll start surfing phones and laptop screens to see if I can see ZH on there. These photos are few and far between but do appear every once and a while.
I am quite confident he is Italian, Austrian or Swiss. A few years ago, before his English improved (dramatically) I might add -- he made many habitual errors typical of a native German speaker.
I don't jump up and down, but I am beginning to think this is him;
http://www.herbert-dorfmann.eu/de/presse/news.html
wow, that's a lot of praise this old man is getting
overmed saying: "Like his historical perspective, writes very well at times. better he is here then not.". and you claiming that "Back in 2012 he was making calls ahead of time that proved to be 100% accurate."
to be frank, I don't even remember what calls I did in 2012. And if my English improved dramatically... I have to thank you, guys, here at ZH
yes, I am an early supporter of the EUR. no, I am not most of what you think. And I'd be astonished if someone like Herbert Dorfmann would spend so much time here. he has a job to do
Foto Caption = Room full of otherwise useless twats high fiving themselves for being masters of the universe at doing one thing well [fucking OTHER peoples lives up]
Foto Caption Alternate = What George Soros types see when they peer into their Wicked Witch of the West sized crystal balls.
And I will give children to be their princes, and babes shall rule over them. Isaiah 3:4
'The Syriza party folded under pressure like a cheap suit.'
'Syriza's Greece: From a New Social Deal to an Updated Version of the Economics of Social Disaster' by C.J. Polychroniou
"...Syriza's leader did not hesitate to promise Greek voters that austerity and the bailout program would come to an end on the very same day Syriza came to power. Alexis Tsipras promised that he would secure a write-off of at least a significant part of Greece's debt (although he no longer treated it as odious) and would reverse the bulk of the neoliberal reforms under way, including privatization. He also vowed to immediately increase the minimum monthly wage to pre-crisis levels and take direct measures to address the worse aspects of the crisis. And he would do all those things while keeping Greece in the eurozone.
Less than a month after its rise to power, Syriza's strategy to get Europe's policy toward Greece changed has ended in fiasco. Not only has Syriza's "new social deal for a new Greece" project been torn into pieces by eurozone's neoliberal rulers, but Greece's Syriza government has been forced to accept a four-month extension of the bailout agreement to secure additional funds. In so doing, it promised that Greece will fulfill all its running obligations with the international creditors (hence forget all talk about a debt write-off) and will carry out "a broader and deeper structural reform process" (hence forget all talk about the end of austerity and neoliberalism).
In a seven-page document that Finance Minister Yanis Varoufakis submitted a couple of days ago to the president of the eurogroup, following the extension of the bailout plan at the eurogroup meeting of February 20, the Syriza government promises to remain faithful to the EU-imposed fiscal discipline on Greece, not to reverse any privatization projects already completed, and to respect those already underway. And as the icing on the cake, it vows that any consideration for an increase in the minimum wage will be done after consultation with the euro masters.
It usually takes some time before governments renege on promises made during the campaign, but it took less than one month for Greece's Syriza government to do so. Worse, the quick capitulation was made by an alleged party of the Radical Left, which means that the political future of the Greek left is anything but rosy..." http://bit.ly/1DYG1WB
As if there were any doubts. I mean its all fake as this stage might as well just keep it all glued together. The only thing we have going for us is thankfully a lot of these fuckers are aging and their natural death can't come quick enough nor can they prevent it.
The problem is that there is a sucker but also a fucker being born every minute so there is no chance of escaping the madhouse. If things do get derailed then the only thing that will happen is the imposition of an even more authoritarian regime. Fantasies of a reset will not result in easier breathimg for ordinary people.
I think it's called, making it up as you go along !
I feel that we're in a holding pattern.
TPTB are not reading to fold this bitch yet.
But fear not, once they're ready...everything will blow in rapid succession.
It's like a controlled demolition. When you want to take down the tower, you explode all the carefully placed dynamite in sequential order.
And trust me, this tower of Babel, is certainly slated for demolition.
Interesting that Varfuckmeus stated:
"I use the term creative vagueness. I want to be the first minister of finance who will never refer to a number if I am not sure that I will attain it"
So either he suckered the EU into 4 months of cash or is trying to pull the wool over the eyes of the Greeks. Im leaning towards the EU. Guess we will know in 4 months.
This is a joke. Germany is a One Party State with a Block Party so-called GroKo or Grand Coalition of CDU/CSU/SPD controlling 80% seats in the Bundestag. Hardly likely Merkel won't get a majority
And the opoosition is the Left party (sister to Syriza) and the greens. If 50% of Merkels party would vote against, she would still have majority. This vote is just show. A few from Merkels party are allowed to showe their discontent, but that's just it.
What's Germany in charge of exactly, EBT management?? LOL
Mice.
Germany is in charge of the whole EU, and don't you dare forget it. It is Germany's way, or the highway.
Some things never change.
WOW! So simple even a 3 year old could do it! In fact a 3 year old would do "it" with far less drama.
No need to waste time when everyone knows that Banksters Inc. always get it the way they want it.
Keep enjoying your financial slavery!
Bought and paid for.
The Greeks wave over their shoulders to zGermans as they head for the beaches bitchez. 'Thanks for the vacay!..... Suckers'.
Germany remains in charge of handing over its cash to Greece - brilliant! No wonder why Einstein left.
*sigh*. 4 more months to liquidate assets, clear out bank accounts, divest liabilities...
Close is ticking, kids....
LOL, all that German tough talk.
Go back to your tattoos and body mutilations.
What a failed nation.
The whole Greek drama has been such a let down.
The speed at which Greece capitulated after playing so tough during the elections shows how much power the banksters possess.
They don't see any way the banksters can be stopped being in total control of the world's political class.
It all came down to timing. The deadline was looming and Tsipiras and his crew did not have enough time to prepare for a tougher negotiating position. In 4 months when this extension has expired, I think you will see a different outcome.
Greece should subvert as much of that money to print as many dachma's as possible then "jump ship".
More currency out of the window and right into the black hole...
Central banks voted to pay themselves. Wooohoooo. That is why debt doesn't matter to them. They can keep the ponzi going forever because they can always print more. Eventually and once they own everything they will reset and starve and murder anyone that opposes them. So either the revolution starts now or never bitchez.
Leftists breaking promises?! That's never happened in the history of anything! Poor Tspiras.
...did people seriously believe that socialists wouldn't reneg, the same lot whose philosophy and modus operandi are built on breaking promises (there own or by forcing others to break theirs)?
Bailout? Really? Aw, say it ain't so.
All part of the game plan folks.
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It's a pity that German taxpayers have no voice these days because there are no elections this year. Only the small federal state of Bremen is voting soon but without much signification.
So politicians have not to fear the new AFD-party and procced. In another constellation thing would not happen this way.
Bertelsmann (Spiegel) pro-Kohl propaganda is not surprising...almost 90 percent of the German propaganda--market is controlled by three publisher oligarchs: Springer, Burda, Bertelsmann - the (pro Euro) owners of the public opinion. Without their internal agreement no government can't survive longer than six month in G.
People don't seem to understand that Greece has never received money from Germany, and will never receive any.
They are just receiving promises of money. So what is the problem anyway?