Tag Archives: Alexis Tsipras

The euro ‘family’ has shown it is capable of real cruelty.

The seemingly indestructible Angela Merkel can go without sleep, and still manage a half smile and speak about Greece’s wish to remain in “the euro family”. This may sound reasonable and pleasant. All families have their little local difficulties, don’t … Continue reading

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“If you owe the bank $100 million that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.”

“If you owe the bank $100 million that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.” Eurozone finance ministers have rejected a Greek request to extend a bailout programme beyond 30 June. A Eurogroup statement … Continue reading

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The Greek Trap !

Trying to save Greece has become an exercise in the absurd. Greece is near-enough bankrupt. Most Greeks know that. It can never repay its debts, no matter how many deals with creditors are pulled out of a hat. The country … Continue reading

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