Germany and France turn screw on Greece over austerity plans

[alp227]

Source: The Guardian

Germany and France have ratcheted up the pressure on the Greek government when they insisted that Athens stick to its hardline austerity plans in order to remain a member of the eurozone.

Ahead of meetings with the German chancellor, Angela Merkel, in Berlin on Friday and the French president, François Hollande, in Paris on Saturday, the Greek prime minister, Antonis Samaras, was given little hope that the two biggest EU economies were prepared to soften their approach.

Hollande, speaking at a meeting with Merkel in Berlin on Thursday night, said he wanted Greece to remain in the single currency but that the recession-stricken country had to carry out the reforms it had promised.

Full: http://www.guardian.co.uk/world/2012/aug/23/germany-france-greece-eurozone-austerity

Read more: http://www.guardian.co.uk/world/2012/aug/23/germany-france-greece-eurozone-austerity

[TheMastersNemesis]

1. Europe Was Set Up By Our Billionaires Via The Phony Securities

When you hear the constant mantra from the GOP and Romney that Obama is making us like Europe you have to remember the source. They have been playing that tune of socialist Europe since the inauguration and before.

[xtraxritical]

2. Iceland put the bankers in jail and said "to hell with austerity"

and they're the one country that's thriving now. Google it.