Rescuing Greece from economic collapse is in Germany's best interests, Chancellor Angela Merkel told

Rescuing Greece from economic collapse is in Germany's best interests, Chancellor Angela Merkel told Sunday's cheap irish car rentals edition of the Bild tabloid, after German lawmakers approved billions of euros in international aid for Athens.
"Obviously, I feel the scepticism of a lot of fellow citizens and I also understand this in part, because Greece cheap irish car rentals has often disappointed its partners in the past years. A lot of things that were promised by the Greek government were not delivered," she said.
But "I am finally seeing a determination in the Greek government to reorganise the country from top to bottom and to give it a modern structure. Germany will help with advice and actions," she added.
"I will continue to do what is best for Germany and Europe, which is limiting the financial consequences and never taking unmanageable risks," she said, adding she would work with "all (her) strength to stabilise and
Poor Germany of having such a PM.. The things she is saying now are all correct, but she should have said them 2 years ago.. Now eu and German business falling, cheap irish car rentals as we lost 2 years just for political propaganda.. And thanks that hollande, monti, draghi that has solved the situation cheap irish car rentals so far
@ smart2012: Yes, smart2012, we all know your opinions by heart and every time we see an article just like this we all know that you will be the very first or at least one of the first ones who comments on it. Where did Holland, Monti and Draghi solve the situation so far? Have you recently heard about the current condition of the French economy or about the current figures of the youth employment in Italy? They have solved nothing, but will only make it worse.
cheap irish car rentals Watching the slow motion disaster in the Euro Zone is like dying from a thousand cuts. Continual bailouts of the PIIGS is not in Germany s best interest. Depending on how Merkel is investing, I am sure it is in her best interest. Another round of free money to Greece is the same as continually giving an addict his drugs for free, hoping in ten years he will still be your friend cheap irish car rentals and have kicked the habit. When the Euro Zone quits loan financing these addict nations, they will default and drop the Euro Zone altogether. Germany would be better off, in spite of what Merkel says, to drop out of the Eurozone cheap irish car rentals and form a new alliance with Russia/Sweden, a countries rich in resources and as hard as it may sound, less corrupt than the PIIGS. cheap irish car rentals Of course I am not an economist, and I live in the heartland of the United States. But I do worry about great nations (such as England right now) falling into third world status.
I think Chancellor Merkel is carrying the weight of the World on her shoulders. I think she understand the world economic situation better than anyone who has posted here, including me. I pray that her health and strength hold up as the world abuses her and redicules her as she struggles to save Germany s economy from the collapse of the EU.
Some comments to the pro-Verkel guys: 1. Verkel / centre right parties have been driving European agenda since 5 years. We r in a disaster 2. Monti/hollande/draghi ate in charge since 6-12 months, they have already stabilized the situation 3. Germany cannot survive cheap irish car rentals on its own, low internal demand cannot sustain business plus strong currency will kill export 4. Europe is in trouble as not competitive enough (same as USA), that is why policies of long term sustainable growth based on permanent jobs (not 400 euros jobs) and solidarity will be the only option.. And solidarity does not mean paying for others, it means buying for instance tomatoes from Greece instead of turkey or holland and going on vacation in Greece instead of turkey.
@ smart2012: Once again: Where have they stabilized the situation? cheap irish car rentals WHERE? Has the unemployment rate gone down in Portigal, cheap irish car rentals Italy, Spain and Greece? Nope! Is the French economy doing better than before? Nope! They are doing worse and worse and this is also why Moody s has decided to lower the rating for the ESM.
Peappooo, situation for Euro currency is clearly better cheap irish car rentals (euro up vs dollar), spreads of Spain and Italy are going down. Keep in mind that monti/hollande/draghi have to cope with Verkel/buba cheap irish car rentals saying always nein, but even with this they improved the euro currency stability. I know, also in Germany unemployment is growing and companies cutting, this is thanks to austerity and nationalism policies used by Verkel and sarkozy in the last 5 years, without a real European agenda. As said, get her out, with Verkel Germany is now isolated. Hope u will not lose your job next year.
Sorry, smart2012, but I don t consider a situation where the unemployment rate in the Eurozone is on an all time high (11,7%) as a stable situation. Germany is not isolated at all - do you know how many Portugese, Italians, Spanish cheap irish car rentals and Greeks are heading to Germany at the moment? The problem are the PIGS which have lived way beyond their means and would like to continue their party with the money of Northern European tax payers - but sorry that won t work, instead they should rather build up their own industry and increase their own productivity.
I think Chancellor Merkel is carrying the weight of the World on her shoulders. As one would when you stake your countries well being for the prolonging of bad political and fiscal policy. But still Politicians stubbornly cling to their Power Hunger. Unelected officials want to control all of Europe. This is being done for nothing more than the Political Greed of the Political Class. So that the Paymasters can control Europe with their Integration . Who ever describes Merkel s policy as Center-right is not serious. Center-right in the DDR, maybe. She is bringing Europe back in time to a fight over Nationalism and Sovereignty. Keep it classy, Euros.
smart2012 Euro up vs dollar is a downer for Germany, makes their exports more expensive and makes dollar items cheaper. The unemployment in the EU is 11.7%and rising it is 7.9 in the usa. The usa will overtake Saudia Arabis in the next 10 years as the largest oil producer and be energy non dependent cheap irish car rentals by 2030 according to the latest IEA predictions. The EU will be plagued by in fighting and debt problems well into the next decade.
Again people compare apples to pears. Euro currency stability is clearly improved. One year ago we were hearing one day after the other that euro will break up, with spreads flying. Today, thx to monti, hollande and draghi this is not the case anymore, and euro went back to 1.28 dollar and spreads r decreasing. Second, about unemployment, I know Europe has problems (as USA), and Germany has problems too (and unemployment worsened cheap irish car rentals thx to Verkel austerity). This was the political mistake of the centre rights parties (Verkel and sarkozy specifically). They were hiding the issue saying the problem was Greece, which is not the case. All Europe is in trouble, and i trust more centre left getting in power than centre right parties that has driven the agenda since 5-10 years bringing us where we r now.
I remember Merkel saying the Euro would be good for all of us! Judging by the loss in purchase-power pf my income, she must have meant good for the banks and politicians. We older people have lost all the way down the line and the forecast for the future, does not give much hope for those who come after us.
@ smart2012 You statements lack any foundation in logic. All of these countries needing help have received money from many places there debt has not went down 1 Euro the money owed has increased from what they owed two years ago. The fact that these countries have not crashed in to financial anarchy leading to a revolution you state give as sign of stability. I am feeling I need more money every month for the next 5 years I do not know when or if I will ever repay you anything but a small percent of interest. This should make you happy because I am stable in my life with my Home, utilities, taxes, food, Car, TV and Internet..... So what is your pay pal so we can start this with out a moments delay.
Jmclewish, if 2 years ago one country had a problem (Greece), two years later 27 eu countries have a problem, plus USA too (fiscal cliff).. cheap irish car rentals Second how can Greece pay back money when they pay 10% interest rate? Only possibility is to cut their debt, but Germany do not want it as German banks and companies are majorly exposed in Greece.. Stop reading BILD
Look at her, Her ME Policy? How s Egypt looking, scrappy? Her financial Policy? Bail out the Banksters. Where s George Soros? Her domestic policy? Are the lights on yet? I don t see how this is going to end without a war. the 2 Biggest issues facing our time. Energy, ME policy and most of all the Economy. I don t see how she can recover from such a record by election day. But I ve seen someone win with an identical record.
Obviously, cheap irish car rentals I feel the skepticism of a lot of fellow citizens and I also understand this. Gee. I wonder why. Another . Another 43.7 billion out the window. If all these countries getting bailout were private citizens the Germans would have the gerichtsvollzieher standing at their front doors.
Rescuing Greece from economic collapse is in Germany s best interests, Chancellor Angela Merkel told Sunday s edition of the Bild tabloid, cheap irish car rentals after German cheap irish car rentals lawmakers cheap irish car rentals approved billions of euros in international aid for Athens. Of course it is good for Germany. Always has been. So why didn t Dr. Merkyl and Mr. Hyde admit that years ago. As any loan shark will tell you. It is in their best interest to lend at exhorbitant rates and keep your victim alive in order to keep bleeding them.
smart2012 cheap irish car rentals situation for Euro currency is clearly cheap irish car rentals better (euro up vs dollar) So, why greeks moaning? thanks that hollande, monti, draghi that has solved the situation so far These are center-left? Second how can Greece pay back money when they pay 10% interest rate Highest rate in eurobailout was 6%. Now we talking about reducing it to 0%. that is why policies cheap irish car rentals of long term sustainable cheap irish car rentals growth based on permanent jobs (not 400