Germany is the saviour of the EURO, but when the rescued countries want to impose conditions on any repayment schedules, there comes a time when the lender becomes hesitant !!!
How can Germany (and its taxpayers) accept that their Politicians would be prepared to underwrite a third series of loans to Greece when the Greek leaders say quite clearly that they want softer and less stringent repayment terms ? Are the same conditions offered to companies in Germany which are on the brink of Bankruptcy ?
Would Germany expect France also to subscribe to more loans to Greece ? And to Spain and to Italy ?
The time has come when a fundamental rethink must be undertaken by all the countries involved, of the basic reasons why the "EURO" must be saved and at all costs !!!
The "ideal" of a EURO is not wrong, but would it not be better to cut current losses now and then re-start all over again with a EUROZONE TREATY ?
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