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Europe |
Germany backs Greek bail-out as EU creates 'economic government' |
2010-02-10 |
Posted by:tipper |
#3 Things don't go well for the Germans when they bail folks out over Greece. You'd think they'd learn. Paying for EUrope won't work out much better than last time. |
Posted by: Nimble Spemble 2010-02-10 20:26 |
#2 catapult the EU across the Rubicon towards fiscal federalism and a de facto debt union. The EU's top brass are seizing on the crisis to push for a radical extension of EU powers, saying Greece has exposed the deep flaws in the structure of monetary union. You can't have monetary union without fiscal union. |
Posted by: phil_b 2010-02-10 18:34 |
#1 "He who controls the Spice controls the universe." |
Posted by: Anonymoose 2010-02-10 13:29 |